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2003 | OriginalPaper | Chapter

Further Development of MADM-Approaches in China and in Germany

Authors : Jutta Geldermann, Kejing Zhang, Otto Rentz

Published in: Operations Research Proceedings 2002

Publisher: Springer Berlin Heidelberg

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This paper seeks to give an overview and compare the main stream of thought in Multi Attribute Decision Making (MADM) theory and practice in China and Germany. MADM approaches are suitable for evaluation of a set of discrete alternatives. Widely applied approaches, including Multi Attribute Utility Theory (MAUT), Analytic Hierarchy Process (AHP) and the outranking methods ELECTRE, PROMETHEE, TOPSIS, find applications in the strategic production planning, site selection or technique assessment under economic, ecological and technical attributes. In China, MAUT and AHP are predominantly applied, while in Germany outranking methods are more popular. As further development,the integration of Fuzzy theory and artificial intelligence in MADM are discussed,thus imprecise information can be considered.

Metadata
Title
Further Development of MADM-Approaches in China and in Germany
Authors
Jutta Geldermann
Kejing Zhang
Otto Rentz
Copyright Year
2003
Publisher
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-642-55537-4_85