Multi-Criteria Decision Making (MCDM) Using Matlab and Excel
Learn the basics of Multi-Criteria Decision Making (MCDM) and how to implement it using Excel and Matlab. This comprehensive course covers various MCDM approaches, including SAW, AHP, ANP, TOPSIS, and more. With coding videos and practical examples, you’ll gain hands-on experience in solving MCDM problems. Perfect for students, researchers, and practitioners interested in MCDM. Update: New MCDM approaches will be added. Suitable for anyone looking to enhance their decision-making skills.
Basic concepts and terms related to Multi-Criteria Decision Making (MCDM)Basic rules of Matlab programming needed for implementing any MCDMsBasic Skills of Excel needed for implementing any MCDMsHow to solve any MCDM problem via Matlab and ExcelMultiple Criteria Decision-Making (MCDM) has grown as a part of operations research, concerned with designing computational and mathematical tools for supporting the subjective evaluation of performance criteria by decision-makers.This is the first time that a comprehensive course has been launched on Udemy focusing on a wide range of multi-criteria decision-making (MCDM) approaches. Therefore, we have launched a practical course in the domain of MCDM required for students, researchers and practitioners.All in all, for any given MCDM approach, Firstly, we introduce the basic theory of that corresponding method, then it is implemented in Microsoft Excel, and finally, we will code the considered example using Matlab language programming.In Summary, we will discuss the following points and MCDM approaches in detail:1- Background of MCDMs2- Simple Additive Weightage (SAW)3- Analytic Hierarchy Process (AHP)4- Analytic Network Process (ANP)5- Technique for Order Preference and Similarity to Ideal Solution (TOPSIS)6- Elimination Et Choice Translating Reality (ELECTRE)7- Preference Ranking Organization Method for Enrichment Evaluations (PROMETHEE)8- VIseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR)9- Decision-Making Trial and Evaluation Laboratory (DEMATEL)10- Grey Relational Analysis (GRA)11- Multi-objective Optimization on the Basis of Ratio Analysis Method (MOORA)12- Complex Proportion Assessment Method (COPRAS)13- Additive Ratio Assessment Method (ARM-ARAS)14- Weighted Aggregated Sum Product Assessment (WASPAS)15- Stepwise Weight Assessment Ratio Analysis (SWARA)16- COmbinative Distance-based ASsessment (CODAS)17- Evaluation Based on Distance from Average Solution (EDAS)18- Measurement Alternatives and Ranking according to COmpromise Solution (MARCOS)19- CRiteria Importance Through IntercriteriaCorrelation (CRITIC)20- Entropy Weighting Technique21-Combined Compromise Solution (CoCoSo)22- Fuzzy AHP22- Fuzzy ANPThis course also includes a large number of coding videos to give you enough opportunity to practice the theory covered in the lecture.By passing this course, you will become aware of how to use Excel and Matlab on a wide range of MCDM problems, and as a result, you will learn how to handle other MCDM approaches.Please note that this course will be updated with new MCDM approaches.Who this course is for:Anyone who wants to learn Multi-Criteria Decision Making (MCDM) approachesAnyone who wants to solve MCDM problms via ExcelAnyone who wants to code MCDM problms in Matlab
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