Development of A Multi-Criteria Analysis Tool with a Focus on Classical, Robust Techniques and Weighting Values

Abstract

At present, multi-criteria decision making is of great importance and essential in various fields of industry and education because it is one of the most active development areas in the field of decision science, it ranges from the resource management to decision making with multiple alternatives and criteria whose purpose is to guarantee an expected solution. However, to date there is still no user-friendly and free-to-use computing tool that facilitates the process of mathematical calculation of multi-criteria decision-making, a standardized and validated tool that can be used as support material both by academic and private institutions. The proposed tool presents the mathematical coding of various multi-criteria models, among which are: the weighted sum model (WSM), weighted product model (WPM), the weighted sum and product aggregate model (WASPAS), the Vikor method, the preference classification organization method for the enrichment evaluation (PROMETHEE) and the technique for the order of preference by similarity with the ideal solution (TOPSIS) both in its classical and fuzzy variants. Also including weighting calculation methods such as hierarchical decision analysis, the entropy method, among others. Consequently, among the contributions that stand out from this multi-criteria computing tool is its free use because it is a free license software, which is why it is expected to be used in public and private academic sectors. Furthermore, as it is a unique and support tool for the management and analysis of operations and resources, contributions are expected in the development of knowledge frontier methodologies whose purpose is to enrich the subject matter within the software.