• Title/Summary/Keyword: Utility/Value Function(UVF)

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The Preferred Alternative for MLDM Problems using the Signal-to-Noise Ratios (신호대 잡음비를 이용한 MLDM 문제의 선호대안 선정)

  • 이강인
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.26 no.4
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    • pp.72-81
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    • 2003
  • The purpose of this paper is to propose an interactive method, which is designed to select the optimal preferred alter-native for the MLDM(Multiple-the Larger-the better type Decision-Making) problems with the-larger-the-better quality characteristics. The basic idea of the paper is essentially to eliminate inefficient alternative based on the concept of Taguchi Signal-to-Noise ratios and the cutting range instead of using UVF(Utility/value Function) on the group of attributes that can be considered importantly by the decision makers. As a result, the method proposed in the paper for MLDM problems can be significant in that the change of characteristics is transformed into the size of Signal-to-Noise ratio, which can be relatively easy to understand by decision makers.