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Weighted sum model. In decision theory, the weighted sum model ( WSM ), [1] [2] also called weighted linear combination ( WLC) [3] or simple additive weighting ( SAW ), [4] is the best known and simplest multi-criteria decision analysis (MCDA) / multi-criteria decision making method for evaluating a number of alternatives in terms of a number ...
Weighted product model. The weighted product model ( WPM) is a popular multi-criteria decision analysis (MCDA) / multi-criteria decision making (MCDM) method. It is similar to the weighted sum model (WSM). The main difference is that instead of addition in the main mathematical operation, there is multiplication.
Decision-making models. Decision-making as a term is a scientific process when that decision will affect a policy affecting an entity. Decision-making models are used as a method and process to fulfill the following objectives: Every team member is clear about how a decision will be made. The roles and responsibilities for the decision making.
Decision-making software ( DM software) is software for computer applications that help individuals and organisations make choices and take decisions, typically by ranking, prioritizing or choosing from a number of options. An early example of DM software was described in 1973. [1] [2] Before the advent of the World Wide Web, most DM software ...
Goal programming. Goal programming is a branch of multiobjective optimization, which in turn is a branch of multi-criteria decision analysis (MCDA). It can be thought of as an extension or generalisation of linear programming to handle multiple, normally conflicting objective measures. Each of these measures is given a goal or target value to ...
Iteman is available from Assessment Systems Corporation. Lertap. Lertap5 (Laboratory of Educational Research Test Analysis Program) is a comprehensive software package for test and survey analyses, developed for Windows and Macintosh computers with Microsoft Excel. Lertap5 includes: Test, item and option statistics
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