Title :
A sensitivity analysis algorithm for the constant sum pair-wise comparison judgments in hierarchical decision models
Author :
Chen, Hongyi ; Li, Jingrui
Author_Institution :
Mech. & Ind. Eng. Dept., Univ. of Minnesota, Duluth, MN, USA
fDate :
July 31 2011-Aug. 4 2011
Abstract :
Every hierarchical decision modeling process starts with quantifying the contributions of decision elements through pair-wise comparisons. As subjective values, the pair-wise comparison judgments are seldom provided at a 100% confidence level and are subject to variations. To increase the model´s validity and ensure requisite decision making, it is important to know how sensitive the model result is to these inputs. In this paper, a sensitivity analysis algorithm is developed to test a hierarchical decision model´s robustness to the pair-wise comparison judgment inputs acquire from the constant sum method. It defines the allowable region of perturbation(s) induced to a judgment matrix at any level of a decision hierarchy to keep the current ranking of decision alternatives unchanged. An example will be presented to demonstrate the application of this algorithm in technology selection.
Keywords :
decision making; matrix algebra; sensitivity analysis; constant sum pair-wise comparison judgments; decision elements; hierarchical decision modeling process; judgment matrix; requisite decision making; sensitivity analysis algorithm; technology selection; Algorithm design and analysis; Analytical models; Biological system modeling; Decision making; Mathematical model; Matrix converters; Sensitivity analysis;
Conference_Titel :
Technology Management in the Energy Smart World (PICMET), 2011 Proceedings of PICMET '11:
Conference_Location :
Portland, OR
Print_ISBN :
978-1-4577-1552-5
Electronic_ISBN :
978-1-890843-24-3