Multi Attribute Utility Theory (MAUT) Driven New Product Development Using Multi Criteria Decision Making (MCDM)
|International Journal of Engineering Trends and Technology (IJETT)||
|© 2019 by IJETT Journal|
|Year of Publication : 2019|
|Authors : Naveen Singh Parihar, Payal Bhargava
|DOI : 10.14445/22315381/IJETT-V67I5P205|
MLA Style: Naveen Singh Parihar, Payal Bhargava "Multi Attribute Utility Theory (MAUT) Driven New Product Development Using Multi Criteria Decision Making (MCDM)" International Journal of Engineering Trends and Technology 67.5 (2019): 27-30.
APA Style: Naveen Singh Parihar, Payal Bhargava (2019). Multi Attribute Utility Theory (MAUT) Driven New Product Development Using Multi Criteria Decision Making (MCDM) International Journal of Engineering Trends and Technology, 67(5), 27-30.
Today`s product domain includes an incredible range of brands and models with a highly complex set of features. The project describes issues that support product discovery and selection in domains that include a variety of alternatives that include a complex set of features. Some online shopping sites use the Multi Attribute Utility Theory (MAUT) directly to provide product selection assistance. The MAUT approach is attractive because of its solid theoretical foundation, but there are several reasons why it is not appropriate for people`s decision making
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Multi Criteria Decision Making (MCDM), Multi Attribute Utility Theory