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multi-criteria decision analysis

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Model Perspective
Model Perspective
Mar 17, 2023 · Fundamentals

Mastering ELECTRE: A Step-by-Step Guide to Multi-Criteria Decision Making with Python

This article introduces the ELECTRE multi-criteria decision analysis method, outlines its standard and improved procedures, and provides a complete Python implementation with sample data, demonstrating how to normalize criteria, compute concordance and discordance matrices, and derive preference rankings.

ELECTREPythondecision making
0 likes · 11 min read
Mastering ELECTRE: A Step-by-Step Guide to Multi-Criteria Decision Making with Python
Model Perspective
Model Perspective
Mar 13, 2023 · Fundamentals

Mastering TOPSIS: Step-by-Step Guide with Python Implementation

This article explains the TOPSIS multi‑criteria decision‑making technique, outlines its mathematical formulation, walks through the seven procedural steps, and demonstrates a complete Python example that normalizes data, computes distances, scores alternatives, and ranks the best solution.

PythonTOPSISdecision making
0 likes · 8 min read
Mastering TOPSIS: Step-by-Step Guide with Python Implementation
Model Perspective
Model Perspective
May 25, 2022 · Fundamentals

Mastering the CRITIC Method: Step-by-Step Guide to Weight Determination

This article explains the CRITIC (Criteria Importance Through Inter‑criteria Correlation) method, detailing its use of standard deviation and inter‑criterion correlation to compute criterion weights through a clear three‑step evaluation process with references to scholarly applications.

CRITICdecision makingmulti-criteria decision analysis
0 likes · 2 min read
Mastering the CRITIC Method: Step-by-Step Guide to Weight Determination