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Analytical Hierarchical Process in Decision Making
Abstract
In the introduction, what decision making is and the significance of the decision making was introduced. Few popular decision-making techniques were listed out and three rational techniques were discussed in a nutshell. Then Professor Saaty's seminal work, Analytical Hierarchical Process (AHP) was described, starting with the evolution of AHP and moving towards its practice through a four-step process. The AHP generates weights on a relative ratio scale with an input of measurements on a standard scale and due to the normalization process linearity of the results was destroyed. Finally, the four-step analytical hierarchical process was illustrated through an example of the selection of a job. During the progression, outcomes of the key theoretical aspects have been touched on without providing proof.
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