MULTICRITERIA DECISION-MAKING - A CASE-STUDY

With the aim of optimizing a formulation for use with textiles, Chardon et al. published the results of 49 experiments measured on 5 criteria. Several methods for multicriteria decision making were compared with each other on the basis of this data set. The Pareto optimality concept turned out to be a useful method in simple bicriteria cases. To take more criteria into account, more advanced techniques are required, such as ELECTRE or PROMETHEE, The PROMETHEE method, in particular, coupled with the principal component approach of the GAIA visualization technique proved a good tool in multicriteria decision making.