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- Decision-matrix_method abstract "Invented by Stuart Pugh the decision-matrix method, also Pugh method, Pugh Concept Selection is a quantitative technique used to rank the multi-dimensional options of an option set. It is frequently used in engineering for making design decisions but can also be used to rank investment options, vendor options, product options or any other set of multidimensional entities.A basic decision matrix consists of establishing a set of criteria options which are scored and summed to gain a total score which can then be ranked. Importantly, it is not weighted to allow a quick selection process.A weighted decision matrix operates in the same way as the basic decision matrix but introduces the concept of weighting the criteria in order of importance. The resultant scores better reflect the importance to the decision maker of the criteria involved. The more important the criteria the higher the weighting it should be given. Each of the potential options are scored and also multiplied by the weighting given to each of the criteria in order to produce a result.The advantage of the decision making matrix is that subjective opinions about one alternative versus another can be made more objective. Another advantage of this method is that sensitivity studies can be performed. An example of this might be to see how much your opinion would have to change in order for a lower ranked alternative to out rank a competing alternative.Morphological analysis is another form of a decision matrix employing a multi-dimensional configuration space linked by way of logical relationships.".
- Decision-matrix_method wikiPageID "2500689".
- Decision-matrix_method wikiPageLength "1928".
- Decision-matrix_method wikiPageOutDegree "8".
- Decision-matrix_method wikiPageRevisionID "574518832".
- Decision-matrix_method wikiPageWikiLink Belief_decision_matrix.
- Decision-matrix_method wikiPageWikiLink Category:Decision_theory.
- Decision-matrix_method wikiPageWikiLink Decision_Matrix.
- Decision-matrix_method wikiPageWikiLink Decision_matrix.
- Decision-matrix_method wikiPageWikiLink Engineering.
- Decision-matrix_method wikiPageWikiLink MCDA.
- Decision-matrix_method wikiPageWikiLink Morphological_analysis_(problem-solving).
- Decision-matrix_method wikiPageWikiLink Multiple-criteria_decision_analysis.
- Decision-matrix_method wikiPageWikiLink Stuart_Pugh.
- Decision-matrix_method wikiPageWikiLinkText "Decision-matrix method".
- Decision-matrix_method wikiPageWikiLinkText "decision-matrix method".
- Decision-matrix_method auto "yes".
- Decision-matrix_method date "December 2009".
- Decision-matrix_method hasPhotoCollection Decision-matrix_method.
- Decision-matrix_method wikiPageUsesTemplate Template:Engineering-stub.
- Decision-matrix_method wikiPageUsesTemplate Template:Unreferenced_stub.
- Decision-matrix_method subject Category:Decision_theory.
- Decision-matrix_method hypernym Technique.
- Decision-matrix_method type Article.
- Decision-matrix_method type Software.
- Decision-matrix_method type Article.
- Decision-matrix_method comment "Invented by Stuart Pugh the decision-matrix method, also Pugh method, Pugh Concept Selection is a quantitative technique used to rank the multi-dimensional options of an option set.".
- Decision-matrix_method label "Decision-matrix method".
- Decision-matrix_method sameAs Konzeptauswahlanalyse_nach_Pugh.
- Decision-matrix_method sameAs Matrice_de_pugh.
- Decision-matrix_method sameAs m.07j7q4.
- Decision-matrix_method sameAs Pughs_matris.
- Decision-matrix_method sameAs Q689154.
- Decision-matrix_method sameAs Q689154.
- Decision-matrix_method wasDerivedFrom Decision-matrix_method?oldid=574518832.
- Decision-matrix_method isPrimaryTopicOf Decision-matrix_method.