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Reminders
Support Having completed this module, you will be able to:
Discuss analytical hierarchy as a model tool.
Explain what multi-criterion decision making is.
Describe how the AHP application is used to rate vendors.
Summarise how the TOPSIS method works.
List the attributes of TOPSIS.
Recall what the product mix is.
Define a decision tree.
Distinguish between maximax, maximin and minimax decision criteria.
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