Many of you are familiar with multi-criteria (multi-attribute) scoring methods for evaluating the alternatives in a decision. Before you can score alternatives (estimate their relative effectiveness against each factor), you should first set the relative priority of the criteria/factors. Remember that these criteria are the way that the stakeholders in the decision express what they [...]
Filed under: Decision Concepts | Tagged: decision, criteria, priorities, decision analysis, margin, weight, weighting methods, relative margin valuation | No Comments »