Framework for decision making under multiple criteria I 
Framework for decision making under multiple criteria I
by Bilkent
Video Lecture 20 of 34
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Date Added: April 27, 2017

Lecture Description

Lecture 20 (2014-03-26)
A Framework for decision making under multiple criteria

Keywords to remember: “Set of Alternatives”, “a set of criteria (same as set of measure or a composite measure)”, “scaling”, “data collection”, rescaling”, “weighing – assigning relative importance”, “decision process”, “cost/time trade-off in measuring”.

Course Index

Course Description

The main objective of the course is to familiarize the IE freshmen with the profession by introducing the basic notion of process. Industrial engineers visualize any systems as a collection of physical and abstract things, each of which are described by a process and these interrelated processes become crucial in the way system functions. Topics related to design of processes and process improvement, as well as notions of performance evaluation are covered and relations to decision making concepts are outlined. Throughout the course simple examples from daily life, as well as more complex examples from the service and manufacturing industries are used.

Taught by Prof. Nesim Erkip.

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