ABSTRACT
Methods discussed in this chapter involve multiple criteria for evaluating alternate solutions to a decision problem. These methods can be grouped into two categories: those that do not require any preference or trade-off information from the decision-maker (DM) and those that require the DM's preference or trade-off information. Methods that do not require preference information from the DM include the Min-Max Regret method and Compromise Programming method. Methods that require the DM's preference information are the Effective Value method, TOPSIS method, and the Analytic Hierarchy Process (AHP) method. All methods have been explained through the solution of reasonable size numerical examples.
