Multi-objective decision-making

Multi-objective decision-making refers to the process of making choices when multiple, often conflicting goals must be considered. For instance, when buying a car, you might weigh factors like cost, fuel efficiency, and safety. Each factor represents a different objective, and finding the best option requires balancing these competing interests. Techniques for multi-objective decision-making help individuals or organizations evaluate alternatives and identify solutions that best meet their overall goals, even if compromises are necessary. This approach is widely used in fields like business, environmental planning, and engineering to optimize outcomes across various criteria.