Page 60 - Decision Making Applications in Modern Power Systems

Reference
Applications
method [8,24,25] planning Energy 1. involves and organizational and Work 2. works method product weighted optimization alternatives and planning Bidding 3. multidimensional for suitable policies [27 31,39] and making Policy 1. criteria, of organization hierarchical planning energy Transportation 2.
simplest the of not are a this of between interdependency work Euclidian in qualitative with results quantitative method statistics weight unacceptable

the is whereas quantities methods involves criteria of drawback arise of to suitable the context valuable is both the this the in fuzzy the of process
techniques. properties and sum Weighted calculations, relative the the Both method visibility the major A interdependency problem is method of use The some in futile method with deal can validating the Defining ELECTRE, Unlike information and group techniques MCDM assigning The the makes

MCDM Comparison Advantage: fundamental of basis the Disadvantage: problem This Advantage: to adds Disadvantage: of situation The Advantage: This method. alternatives Disadvantage: method This Advantage: It measures. thus criteria, Disadvantage: method this Advantage: quantitative of involvement other D

various on which the this the in and over on

of sum
Brief Name Weighted method Weighted product method Analytical hierarchy process TOPSIS ELECTRE PROMETHE

1.10

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