Applications of Some Rating Methods to Solve Multicriteria Decision-Making Problems

This study proposes a new approach for the solution of multicriteria decision-making problems. The proposed approach is based on using rating/ranking methods. Particularly, in this paper, we investigate the possibility of applying Massey, Colley, Keener, offence-defence, and authority-hub rating methods, which are successfully used in various fields. The proposed approach is useful when no decision-making authority is available or when the relative importance of various criteria has not been previously evaluated. The proposed approach is tested with an example problem to demonstrate its viability and suitability for application.

Metode Simple Multi Attribute rating Technique (SMART) Dalam Menentukan Penerima Dana Bantuan Yayasan AMIK Tunas Bangsa

Foundation grants are funds that comes from foundation and given for student achievement and poor, which aims to prevent collage drop outs for students. The criteria used in determining the foundation grant recipients are GPA, parent’s income and the number of dependents. The method applied in determining the foundation grant recipients is SMART (Simple Multi Attribute rating Technique) method. Because this method able to solve the multicriteria decision making problems, base on theory that each criteria has a weight that describes how important these criteria with other criteria. The results of this research are recommendations from recipients of foundation grant.