Wow! eBook
Multi-Criteria Decision-Making
Author(s): Zhiyuan Wang (Author), Gade Pandu Rangaiah (Author)
- Publisher: CRC Press
- Publication Date: March 16, 2026
- Edition: 1st
- Language: English
- Print length: 296 pages
- ISBN-10: 1032853638
- ISBN-13: 9781032853635
Book Description
This textbook for advanced undergraduate and graduate students provides a clear and practical guide to the principles and methods for structuring and solving complex problems that include multiple, often conflicting criteria.
The book introduces the foundations of multi-criteria decision-making (MCDM) and its relationship with complementary approaches such as multi-objective optimization and goal programming. It then presents three major MCDM methods: reference-type methods such as TOPSIS, aggregation-type methods such as AHP, and outranking-type methods such as ELECTRE. Each method is explained with numerical examples, and strengths and limitations discussed. Preprocessing techniques are also covered. The book highlights user-friendly software tools, including Microsoft Excel-based programs and open-source Python libraries. End-of-chapter exercises are also provided to ensure that readers can consolidate their knowledge and apply this to real-world applications.
This textbook is vital for advanced undergraduate and graduate students taking decision science and optimization courses in disciplines such as engineering, business, finance, and management. Its focus on recent methods and developments will ensure that students are well prepared for employment in their field or for further research alike.
Editorial Reviews
Review
A clear and practice-oriented reference on multi-criteria decision-making, with a well-articulated connection to complementary approaches such as multi-objective optimization. Highly relevant for process engineering, energy systems, and sustainability applications, the book is well suited for undergraduate and graduate (Master’s and PhD) education, as well as engineering practice. The combination of sound theoretical foundations, illustrative numerical examples, and accessible software tools makes it a particularly effective resource for both learning and practical implementation.
Dr. Catherine Azzaro-Pantel, Professor in Chemical Engineering, Université de Toulouse, Institut National Polytechnique de Toulouse, FranceThrough the integration of illustrative programs, worked examples, and sound theoretical principles, this book presents a coherent approach to multi-criteria decision-making. Its emphasis on practical usability makes it a valuable reference for advanced students and practitioners working in complex engineering and decision-analysis problems.
Dr. Christopher Teoh, Assistant Professor, DigiPen Institute of Technology SingaporeThis book offers a really clear and well-organized look at multi-criteria decision-making (MCDM). What I liked most is how it bridges the gap between complex theories and how they actually work in the real world.
Instead of just focusing on abstract concepts, it uses helpful numerical examples and computational methods that make the material much easier to grasp. Whether you are a student or a professional, this is a practical and accessible guide that shows you exactly how to apply these methods to solve real problems.
Dr. Sayed Ameenuddin Irfan, Director (Data and AI), UpGrad
About the Author
Zhiyuan Wang is a Lecturer at Singapore University of Social Sciences, where he teaches within the School of Business. Prior to this, he served as an Assistant Professor at DigiPen Institute of Technology Singapore. He holds a B.Eng. and a Ph.D. from National University of Singapore, and an M.Sc. from Nanyang Technological University.
Gade Pandu Rangaiah has been with National University of Singapore since 1982, where he has received numerous teaching awards and is now an Emeritus Professor. Prior to joining NUS, he received B.Tech. from Andhra University, India; M.Tech. from I.I.T. Kanpur, India; and Ph.D. from Monash University, Australia, and worked in Engineers India Limited for two years.
