Technological and Economic Development of Economy (Aug 2018)

Recent findings from numerical analysis in multi-criteria decision making

  • Friedel Peldschus

DOI
https://doi.org/10.3846/20294913.2017.1356761
Journal volume & issue
Vol. 24, no. 4

Abstract

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Numerical investigations have shown, that different function profiles for the description of variants are possible. This should be taken into account for mapping of characteristic values on a dimensionless interval [1; 0] or [1; ~ 0]. The purpose of the study was to investigate the impact of linear, concave and convex function profiles for mapping on a dimensionless interval (normalisation). Ten different formulas were examined. The analysis of calculation approaches in the past revealed that only a single transformation formula was used for all criteria. A specific investigation into a functional character of the different initial values has not been done. Hence, the question whether this being a real or fictitious calculation was not answered. The performed analyses are supposed to contribute to the prevention of erroneous decisions.

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