How do you handle multiple criteria in complex environments?
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How do you handle multiple criteria in complex environments? If you are an operations researcher, you probably face this challenge often. You need to evaluate and compare different alternatives based on various factors, such as cost, quality, risk, sustainability, and stakeholder preferences. But how do you balance these conflicting and often incomparable criteria? How do you avoid bias and uncertainty in your decision making? In this article, we will explore some methods and tools that can help you deal with multi-criteria decision making (MCDM) in complex environments.