Recent findings from numerical analysis in multi-criteria decision making

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Abstract

Numerical investigations have shown, that different function profiles for the descriptioof variants are possible. This should be taken into account for mapping of characteristic values on dimensionless interval [1; 0] or [1; ~ 0]. The purpose of the study was to investigate the impact linear, concave and convex function profiles for mapping on a dimensionless interval (normalisa-tion). Ten different formulas were examined. The analysis of calculation approaches in the past revealed that only a single transformatioformula was used for all criteria. A specific investigation into a functional character of the differeninitial 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 erroneous decisions.

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Peldschus, F. (2018). Recent findings from numerical analysis in multi-criteria decision making. Technological and Economic Development of Economy, 24(4), 1695–1717. https://doi.org/10.3846/20294913.2017.1356761

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