MUTI CRITERIA DECISION MATRIX

MUTI CRITERIA DECISION MATRIX

BY :- UDIT VERMA 2K12/PE/043 ASIF ALI KHAN Advantages Disadvantages

Useful in judgmental tasksProduce better decisions than individualReducing effects of individual biasSolutions more likely to be acceptedTakes more timeOne capable person can decide as well as a groupSatisfactionNegative effects of bias decisionsNot necessarily a consensus

Introduction: Advantages/DisadvantagesDevelop DecisionCriteriaAllocate Weightsto CriteriaDevelopAlternativesAnalyzeAlternativesSelect AlternativeImplementAlternativeEvaluate ResultsIdentify ProblemThe Decision-Making ProcessSteps in multi criteria decision process

Best site selection while setting an Restaurants

Example : thermal power plantWEIGHTED SCORE = WIXIJMODIFIED SCORE = SCORE + 11 = MINOR 2 = MEDIUM 3=MAJOR

BCDEFSCOREMODIFIED FACTOR % AGEAB-2C-1A-2A-1F-33411%BB-1B-3B-3F-28924%CC-2C-2F-35616%DD-1F-3125%EF-3013%F141541%TOT.SCO.3137100CODE FACTORS WEIGHTAGE ALTERNATIVECHATTISGARHSRAJASTHANA AVALABILITY OF WATER 0.11606.6404.4BPROXIMITY T O COAL0.249021.66014.4CTRANSPORTATION FACILITIES 0.167011.27013.3DCOST OF LAND 0.05804.0603.0EAVAILABILITY OF LABOUR 0.03802.4601.8FENVIRONMENTAL FACTOR0.415020.56024.6WEIGHTED SCORE 78.659SO WEIGHTED SCORE OF CHATTISGARH IS MORE THIS IMPLIES THAT CHATTISGARH IS BETTER LOCATION FOR THERMAL POWER PLANT SETUP THANK YOU NameTitle

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Company NameCompany NameDepartment NameBest SiteSelection

Convenience

Traffic

Location1

Location2

Location3

Visibility

Location1

Location2

Location2

Location1

Location2

Accessibility

Location3

Location1

Location3

Location3

Level 0: Goal

Level 1: Criteria

Level 2: Alternatives