This book addresses the issue of how to structure a complex situation, identify its criteria and other factors whether intangible or concrete, measure the interactions among them in a simple way, and synthesize all the information to obtain priorities. The priorities can then be used in a benefit/cost setting to develop portfolios of activities, one of the major concerns of organizations today.…
Problems with high stakes, involving human perceptions and judgements, and whose resolutions have long-term repercussions, call for a rational approach to their solution. Strategic Decision Making provides an effective, formal methodology that gives assistance to such strategic level decision making problems. Focusing on applying the AHP to decision-making problems in engineering, Strategic Dec…