Weighted product model
ID: weighted-product-model
The Weighted Product Model (WPM) is a multi-criteria decision-making (MCDM) method used for ranking and selecting alternatives based on multiple criteria. It is particularly useful when evaluating options that have both qualitative and quantitative attributes. ### Key Concepts of the Weighted Product Model: 1. **Alternatives and Criteria**: The model involves a set of alternatives (options to choose from) and a set of criteria (factors that will be considered in the evaluation).
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