Multi-Criteria Decision Making (MCDM) Using Matlab and Excel

Learn how to implement different approaches using Microsoft Excel and Matlab language programming to solve real-world M

Created by: Operation Research Group
A group of researcher

What Will I Learn?

• Gain a foundational understanding of the Multi-Criteria Decision Making process and its significance in various fields
• Dive deep into the most recent methods and techniques in MCDM, ensuring that students stay at the cutting edge of the discipline.
• Acquire proficiency in leveraging Excel to tackle MCDM problems, from basic to advanced levels.
• Learn to use Matlab as a powerful tool for addressing MCDM scenarios, from setting up decision problems to solving complex cases.
• Equip yourself with the ability to program and customize various MCDM techniques, allowing for flexibility and adaptability in problem-solving

Requirements

• Basic understanding of decision-making processes and principles.
• Familiarity with the concept of MCDM and its applications.
• Basic proficiency in Microsoft Excel, including functions and data organization.
• Introductory knowledge of MATLAB, including its interface and basic commands.
• Elementary understanding of linear algebra, matrices, and mathematical optimization.
• Basic knowledge of statistics, especially in the context of data analysis.

Target audience

• Those studying operations research, management science, engineering, business analytics, or any field where decision-making processes are crucial.
• Engineers, data analysts, operations managers, and others who need to make informed decisions by considering multiple criteria.
• Professionals who advise businesses on decision-making strategies and need tools to analyze multiple decision factors simultaneously.
• Professors and educators who wish to incorporate MCDM methodologies into their curriculum or research.
• Individuals keen on learning how to implement MCDM techniques using popular software tools like MATLAB and Excel.
• Executives, managers, or anyone tasked with making complex decisions where multiple factors need to be weighed and considered.
• Those with a curious mind about structured decision-making processes and how software can aid in such tasks.