COMPARATIVE ANALYSIS OF LOCATION SELECTION USING MULTI-ATTRIBUTE DECISION-MAKING METHODS
DOI:
https://doi.org/10.24867/26GI06PetrovicKeywords:
Decision theory, Multi-attribute decision-making, Evaluation, Comparative analysisAbstract
The use of multi-attribute decision-making methods, which are used in various research areas for the evaluation and prioritization of alternatives using pre-defined criteria, implies the presence of certain problems. One of the problems implies that different methods can generate different results when ranking alternatives due to subjectivity in the decision-making process. This paper aims to show that these differences in results can exist even when subjectivity in the decision-making process is minimized. The results of this thesis suggest that decision-makers should have a deeper understanding of the specifics of different methods for multi-attribute decision-making in order to make more reliable decisions adapted to the specifics of the problems they are solving.
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