Title :
A method to solve the Impact of Aggregating Benefit and Cost in MCDA
Author :
Cai, Wei ; Zhu, Lei
Author_Institution :
Inst. of Commun. Eng., PLAUST, Nanjing, China
Abstract :
Multi-criteria decision-making (MCDM) involve the ranking of a finite set of alternatives in terms of a finite number of decision criteria. Often times the ranking is credible. But, when we involve both benefit and cost in an MCDM problem, there may be in conflict with each other. Although this is a frequent characteristic of many real-life MCDM problems, this subject has not been paid adequate attention in the literature. In order to solve the problem of the Impact of Aggregating Benefit and Cost, a method on Series-parallel model is proposed, which will get a more reasonable result to help us in decision-marking.
Keywords :
cost-benefit analysis; decision making; MCDA; MCDM problem; alternative finite set ranking; benefit-cost aggregation impact; decision criteria finite number; multicriteria decision-making; series-parallel model; Analytical models; Communication systems; Decision making; Indexes; Mathematical model; Security; Standards; Analytic hierarchy process (AHP); Series-parallel model; benefit and cost; multi-criteria decision analysis (MCDA);
Conference_Titel :
Control and Decision Conference (CCDC), 2012 24th Chinese
Conference_Location :
Taiyuan
Print_ISBN :
978-1-4577-2073-4
DOI :
10.1109/CCDC.2012.6244545
