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Based on mathematics and sociology, the Promethee and Gaia method was developed at the beginning of the 1980s and has been extensively studied and refined since then. It has particular application in decision making, and is used around the world in a wide variety of decision scenarios, in fields such as business, governmental institutions ...
"POV: your fiancé is an excel nerd and created a score sheet for your wedding guest list…" bride-to-be Kate O'Neill titled a video she shared via TikTok on Dec. 29. In the now-viral video, her ...
Often, multiple criteria are specified in a fixed order; if all competitors are still tied under one criterion, the next one is applied. For example, in the 2008 Big 12 South division, the top three teams were tied on the default ranking and the first four tiebreakers, being separated by the fifth (BCS rankings). [25]
In most implementations, many worksheets may be located within a single spreadsheet. A worksheet is simply a subset of the spreadsheet divided for the sake of clarity. Functionally, the spreadsheet operates as a whole and all cells operate as global variables within the spreadsheet (each variable having 'read' access only except its containing ...
All positions can be quickly updated using a spreadsheet. For example, after copying the entire ranking list (211 rows from all five pages, unedited) from FIFA's ranking list, the following formula can be used in an external spreadsheet to generate the code necessary to update the data page (given the FIFA rankings begin in cell A1):
In this example a company should prefer product B's risk and payoffs under realistic risk preference coefficients. Multiple-criteria decision-making (MCDM) or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly evaluates multiple conflicting criteria in decision making (both in daily life and in settings such as business, government and medicine).
The Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) is a multi-criteria decision analysis method, which was originally developed by Ching-Lai Hwang and Yoon in 1981 [1] with further developments by Yoon in 1987, [2] and Hwang, Lai and Liu in 1993. [3]
In recent years, the OPA method was proposed to solve the multi-criteria decision-making problems based on the ordinal data instead of using the pairwise comparison matrix. [4] The OPA method is a major part of Dr. Amin Mahmoudi's PhD thesis from the Southeast University of China.