A new fast, reliable filtering method for multiple criteria decision making

Purpose - This paper aims to introduce a new method for the evaluation and selection (filtering) of alternatives in a complex multi-criteria decision environment.Design methodology approach - The method uses an original modified outranking methodology to select optimal opportunities among competing...

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Veröffentlicht in:Management decision 2011-05, Vol.49 (5), p.810-822
1. Verfasser: Walk, Steven R
Format: Artikel
Sprache:eng
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Zusammenfassung:Purpose - This paper aims to introduce a new method for the evaluation and selection (filtering) of alternatives in a complex multi-criteria decision environment.Design methodology approach - The method uses an original modified outranking methodology to select optimal opportunities among competing alternatives for adoption.Findings - The process has application in scenarios such as wherein an executive or manager of a technology-intensive enterprise faces the significant challenges of making effective investment decisions for new business processes and product technology.Practical implications - As applied in an enterprise technology decision-making environment, the method reduces uncertainty in the process of filtering and selecting the best technology opportunities evaluated against multiple criteria or business objectives.Originality value - The value of the method is in its simplicity and expediency to identify, assess, and then isolate the most appropriate technology opportunities among many.
ISSN:0025-1747
1758-6070
DOI:10.1108/00251741111130878