Question: Construct a multi-criteria decision analysis formulation for the decision (real or hypothetical) that you face. Your decision should have 4 alternatives and 2 decision criteria.
Construct a multi-criteria decision analysis formulation for the decision (real or hypothetical) that you face. Your decision should have 4 alternatives and 2 decision criteria.
a) Describe your decision
b) Construct a table with your decision alternatives and their respective values for each decision criterion.
c) Identify the Pareto optimal decision alternatives.
d) Assign weights to your decision criteria. Under these weights, what is the optimal decision?
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