Multiple-criteria decision analysis
ID: multiple-criteria-decision-analysis
Multiple-criteria decision analysis (MCDA) is a decision-making framework used to evaluate and prioritize multiple conflicting criteria in decision-making processes. It is particularly useful in situations where decisions involve trade-offs among various competing factors, such as cost, quality, risk, and other relevant criteria. MCDA provides a structured approach that can help individuals and organizations systematically analyze complex problems, enabling them to make informed decisions that account for multiple aspects or dimensions.
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