Executives are searching for ways to deliver consistent improvements in productivity and profitability while addressing economic realities. One initiative that has been discovered by many organizations is the integration a quality process into their or ganization that is based on the Malcolm...

The analytic hierarchy process (AHP) is flawed as a procedure for ranking alternatives in that the rankings produced by this procedure are arbitrary. This paper provides a brief review of several areas of operational difficulty with the AHP, and then focuses on the arbitrary rankings that occur...

A method is presented to estimate the impact of uncertainty on the results of a multiattribute evaluation prior to conducting a complete probabilistic multiattribute utility analysis. The method assumes that a deterministic analysis has been completed using a weighted-additive multiattribute...

The purpose of this short paper is to help clarify some questions which have arisen with respect to the suitability, or even the correctness, of the way Saaty's AHP method handles criteria weights, sometimes causing the rank reversal phenomenon. The position set forth in this paper is that this...

Multiattribute utility theory requires a specific relation between the range of outcomes of each attribute and the weight for that attribute. The greater the range, the greater the weight has to be. Experimental results show that subjects do not adjust their judgments properly if the range is...

This paper investigates the accuracy of an approximation procedure for evaluating alternatives under uncertainty with multiple evaluation attributes. This approximation uses only the first two moments of the probability distributions for the alternatives, and hence it can substantially reduce...

This paper presents an axiomatic approach to the problem of aggregating expert assessments of an event's probability into some group probability assessment. A multiplicative formula is derived.