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In the analytic network process (ANP) a hierarchy or network is created to represent a decision and establishes a matrix containing the pair wise comparison judgments for the elements linked under a parent element. A priority vector of relative weights for these elements is derived. Then all the priority vectors are appropriately weighted and summed to obtain the overall priorities for the alternatives of a decision. The proposed tool represents a high performance decision-making model when compared with other classical ANP models.
Date of Conference: 14-16 May 2012