All entries for Thursday 07 March 2013

March 07, 2013

AHP tool

AHP tool works on comparing the decision attributes and ranking them accordingly. The benefit of AHP is in giving an insight of the decision hierarchy to efficiently evaluate the criteria and sub criteria. Moreover, it helps in aiding qualitative decisions where specific values are not available and uncertainty is high. Nevertheless, this provides a big window for personal judgement and decision bias. This, however, can be overcome by prioritising the firm needs and experience with utilising the tool.

it is important to understand the advantages and disadvantages of decision analysis tools for effective use. Moreover, it is also important to be aware of where biases fit in decision tools to be able to minimise it. being aware of judgement is helpful to know how the reliability of decision is affected.

The AHP is very useful in making decisions. in my line of work, i can expect my self to use AHP for prioritizing maintenance task according to importance especially when quantitative data is not available. it also can be used making decisions on how distribute the workforce according to the workload requirements.

Tool Selection

decision tools are numerous. When planning to make a reliable decision it is always useful to use a tool. However, selecting the right tool can be more complicated than using the tool it self. The literature describes that tool selection is dictated by decision requirement such as, amount of data available, time and resources, complexity and people involved. the most logical approach would be to assess all the tools for compatibility, however, this might require extensive time resources and experience. a more convenient approach is to understand from literature what tools are used for the decision requirement and assess the benefit of a particular tool to reach to convenient decision.

The importance of this knowledge is in simplifying the tool selection process. However, this improves by experience in decision analysis and familiarity with tools benefits.

in our location decision we assessed the decision requirement and compared it to decision tree advantages which showed a very positive result as a practise of the proposed selection approach. At work, when required to make a decision i can assess the available data, resources and the associated uncertainty to aid me in tools selection using common tools advantages.

March 2013

Mo Tu We Th Fr Sa Su
Feb |  Today  | Apr
            1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Search this blog



Most recent comments

  • Good point, you dont have to consider it while using the decision tree as the available data is limi… by Ahmed Alali on this entry
  • Good point Bu Salim. However, i failed to mention that a decision objective is linked to the busines… by Ahmed Alali on this entry
  • I do agree with you Ahmed that certain modification enhance GA performance, however, even if someone… by Waddah Alharthi on this entry
  • as u said, the time scaling and sentivity need to be taken into account… i agree but do u think in… by Tzu-i Yang on this entry
  • i agree with u … choosing tools is not easy… we might fall into trap info….it was whyi decisio… by Tzu-i Yang on this entry

Blog archive

Not signed in
Sign in

Powered by BlogBuilder