AHP technique a way to show preferences amongst alternatives |
Author(s): |
| Prof. Rushab A. Shah , S.N.P.I.T & R.C, Umrakh.; Prof. Urvesh N. Barot, S.N.P.I.T & R.C, Umrakh.; Hiral H. Patel, S.N.P.I.T & R.C, Umrakh.; Chirag J. Shah, S.N.P.I.T & R.C, Umrakh. |
Keywords: |
| Analytic Hierarchy Process (AHP); Decision Making; Intangibles; Judgements; Priorities; Ranking. |
Abstract |
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This article presents a review of the applications of Analytic Hierarchy Process (AHP). AHP is a multiple criteria decision-making tool that has been used in almost all the applications related with decision-making. Decisions involve many intangibles that need to be traded off. The Analytic Hierarchy Process (AHP) is a theory of measurement through pairwise comparisons and relies on the judgements of experts to derive priority scales. It is these scales that measure intangibles in relative terms. The comparisons are made using a scale of absolute judgements that represents how much more; one element dominates another with respect to a given attribute. The judgements may be inconsistent, and how to measure inconsistency and improve the judgements, when possible to obtain better consistency is a concern of the AHP. The derived priority scales are synthesised by multiplying them by the priority of their parent nodes and adding for all such nodes. An illustration is also included. |
Other Details |
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Paper ID: IJSRDV1I7015 Published in: Volume : 1, Issue : 7 Publication Date: 01/10/2013 Page(s): 1437-1441 |
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