In this video you can learn how to solve the TODIM method step by step by using the material selection application. TODIM is TOmada de Decisao Interativa Multicriterio which means in Portuguese Multicriteria Interactive Decision Making. Luiz Gomes and Alberto Duncan Rangel developed this method in 2009 applied this method rental evaluation of residential properties
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Table of Contents
00:00 Introduction to the TODIM method
00:15 Procedural steps in TODIM method
01:43 Formulation of initial decision matrix
02:19 Normalization of Decision Matrix
04:14 Estimation of Relative Weight Criteria
04:38 Excel template details
05:02 calculation of the Dominance degree of the alternative
11:00 Estimation of the Overall dominance degree of alternative
11:38 Rank and Selection of Best material
#MCDM #MADM #TODIM
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