Published January 25, 2024 | Version v2
Technical note Open

Multiple Criteria Analysis for Ranking Alternatives

Description

This technical article disucsses how operational research uses Multiple Criteria Decision Methods (MCDM) like TOPSIS and VIKOR to assess predetermined alternatives against conflicting criteria, ranking them based on factors like techno-economic and environmental considerations. In the XGAIN Knowledge Facilitation Tool (KFT), MADM is integrated to evaluate and rank technological solutions for rural user needs, factoring in different criteria and user preferences.

 

This work has been developed in the context of the XGain project (101060294). XGain fosters a sustainable, balanced, and inclusive development of rural, coastal and urban areas by facilitating access to relevant stakeholders to a comprehensive inventory of smart XG, last-mile connectivity and edge computing solutions, and of related assessment methods. Learn more at xgain-project.eu.

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XGain_Multiple Criteria Analysis.pdf

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Additional details

Funding

XGain – Enhancing Competitiveness, Resilience and Sustainability of Remote Farming, Forestry and Rural Areas through Holistic Assessment of Smart XG, Last-mile and Edge Solutions’ Gains 101060294
European Commission

Dates

Accepted
2024-01-25