Chapter 4 CRITIC method for weight determination

Chapters in this book

1. Frontmatter I
2. Acknowledgements VII
3. Preface IX
4. Contents XI
5. Editors’ biography XV
6. Chapter 1 Introduction to multi-criteria decision-making process 1
7. Section 1: Determination of criteria weights
8. Chapter 2 Determining weights using analytic hierarchy process (AHP) 13
9. Chapter 3 Weight determination using best-worst method 21
10. Chapter 4 CRITIC method for weight determination 25
11. Chapter 5 Entropy method for weight determination 31
12. Section 2: Finding the ranking of alternatives
13. Chapter 6 Additive ratio assessment (ARAS) for best alternative selection 37
14. Chapter 7 Combinative distance-based assessment (CODAS) for decision-making 45
15. Chapter 8 Application of complex proportional assessment (COPRAS) for filtering 53
16. Chapter 9 Utilizing evaluation based on distance from average solution (EDAS) for decision-making 59
17. Chapter 10 Grey Relational Analysis (GRA) for optimal model selection 65
18. Chapter 11 Using multi-objective optimization based on ratio analysis for decision-making 71
19. Chapter 12 Preference Ranking Organization Method for Enrichment Evaluation (PROMETHEE-I and II) 79
20. Chapter 13 Preference Selection Index (PSI) for optimal alternative selection 89
21. Chapter 14 Utilizing simple additive weighting (SAW) method for managerial discretion 95
22. Chapter 15 Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) for best model selection 101
23. Chapter 16 VIseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) for optimal model selection 107
24. Section 3: Some other useful MCDM techniques
25. Chapter 17 Analytic Network Process (ANP) method 113
26. Chapter 18 Selecting best alternative through Data Envelopment Analysis (DEA) method 123
27. Chapter 19 Decision-making trial and evaluation laboratory method 137
28. Index 143