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Springer, Berlin, Heidelberg

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10.1016/0304-3991(85)90066-x

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Multicriteria Methods

Authors: Uwe Götze Deryl Northcott Peter Schuster
Publish Date: 2015
Volume: , Issue: , Pages: 163-208
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Abstract

For many investment decisions the decisionmaker wishes to pursue several targets rather than a single target as the earlier chapters have assumed Such a decisionmaking problem is typical in strategic investment decisionmaking as for example when installing a new plant in a new location using new technology and/or manufacturing a new product Nonmonetary measures have to be considered and a number of complex alternatives need to be analysed This chapter describes a number of multicriteria methods such as the utility value analysis the analytic hierarchy process the multiattribute utility theory and PROMETHEE


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