157-0475/02 – Multicriteria Decision Making Methods (MVRk)

Gurantor departmentDepartment of Systems Engineering and InformaticsCredits5
Subject guarantordoc. Mgr. Ing. František Zapletal, Ph.D.Subject version guarantordoc. Mgr. Ing. František Zapletal, Ph.D.
Study levelundergraduate or graduate
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor, Follow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
NEM191 Ing. Radek Němec, Ph.D.
TOL0013 prof. Mehdi Toloo, Ph.D.
ZAP149 doc. Mgr. Ing. František Zapletal, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Part-time Credit and Examination 6+6

Subject aims expressed by acquired skills and competences

The course is focused on description and application of multi-criteria decision making methods. Students will learn how to solve various discrete decision making problems under different assumptions (certainty x risk x uncertainty, decision making with a single decision maker, group decision making), different input data types, etc. The first part of the course is devoted to non-conflict decision making (without any opponent) and the second part to conflict decision making (game theory). Students should be able to analyze a problem, use a suitable method and find the best decision with respect to the given aim.

Teaching methods

Lectures
Tutorials

Summary

Compulsory literature:

NUTT, Paul C. a David C. WILSON, ed. Handbook of decision making. Chichester: John Wiley & Sons, Ltd., Publication, 2010. ISBN 978-1-4051-6135-0 TRIANTAPHYLLOU, Evangelos. Multi-criteria decision making methods: a comparative study. Dordrecht: Kluwer Academic Publishers, c2000. Applied optimization, v. 44. ISBN 0-7923-6607-7. THAKKAR, Jitesh J. Multi-criteria decision making. Studies in systems, decision and control, volume 336. Singapore: Springer, 2021. ISBN 978-981-33-4744-1.

Recommended literature:

WISNIEWSKI, Mik.: Metody manažerského rozhodování. Praha: Grada Publishing, 1994. 509 s. ISBN 80-7169-089-9. SAATY, T. L.: Decision making for leaders. Pittsburg, RWS Publications 1998 SCHOLZ, Roland W., ed. Decision making under uncertainty: cognitive decision research, social interaction, development and epistemology. Amsterdam: North-Holland, 1983. Advances in psychology, 16. ISBN 0-444-86738-4.

Additional study materials

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

Test on decision making (in the form of a case study).

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Introduction to decision making, decision making process, classification of problems. 2. Decision trees and their application. 3. Decision rules for decision making under risk and uncertainty. 4. Criteria weighting - pointing method, pair-wise comparison. 5. Criteria weighting - Saaty's method. 6. Multi-criteria decision making methods - WSA method, TOPSIS method. 7. Multi-criteria decision making methods - Analytical Hierarchy Process. 8. Multi-criteria decision making methods - PROMETHEE method, Even-Swap method 9. Biases in decision making. 10. Game theory - introduction and classification. 11. Game theory - matrix games. 12. Game theory - mixed strategies for matrix games. 13. Game theory - bi-matrix games.

Conditions for subject completion

Part-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 45 (45) 25
                Písemná práce Written test 45  25 2
        Examination Examination 55  26 3
Mandatory attendence participation: There is no limit for lecture attendance. Written test in the form of case study.

Show history

Conditions for subject completion and attendance at the exercises within ISP: There is no limit for lecture attendance. Written test in the form of case study.

Show history

Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2023/2024 (N0413A050014) Economics and Management (S01) Business Administration K Czech Ostrava 1 Compulsory study plan
2022/2023 (N0413A050014) Economics and Management (S01) Business Administration K Czech Ostrava 1 Compulsory study plan
2021/2022 (N0413A050014) Economics and Management (S01) Business Administration K Czech Ostrava 1 Compulsory study plan
2020/2021 (N0413A050014) Economics and Management (S01) Business Administration K Czech Ostrava 1 Compulsory study plan
2019/2020 (N0413A050014) Economics and Management (S01) Business Administration K Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
Subject block without study plan - EKF - K - cs 2024/2025 Part-time Czech Optional EKF - Faculty of Economics stu. block

Assessment of instruction



2023/2024 Summer
2022/2023 Summer
2021/2022 Summer
2020/2021 Summer
2019/2020 Summer