Selection of the best investment decision in San Luis Potosithrough Multicriteria Models

Authors

DOI:

https://doi.org/10.19136/hitos.a30n87.6337

Keywords:

Opciones de decisión, Criterios de decisión, Modelos multicriterio, Matriz de decisión.

Abstract

Objective: Choose the best option among 5, under 10 decision criteria, to make an investment in the city of San Luis Potosi using 4 multi-criteria decision models.

Material y Methods: The weighting of the decision criteria weights has been carried out with Saaty's Analytic Hierarchical Process and the multi-criteria decision models applied have been Moora, Topsis, Electre and Smart, which were used to classify the 5 decision options and see which of them is the best.

Results: The models did not agree regarding the best decision, since the first two give the investment in García Diego as the best decision, while the remaining two choose Torre Diamante.

Conclusions: Even though there is no coincidence of the 4 models applied, it is obvious that the two best decision options are García Diego and Torre Diamante. This is an advantage that multi-criteria models provide over traditional project evaluation methods, which only consider quantitative aspects to choose the best project. With multi-criteria models, qualitative criteria are also included that take into account the preferences of the decision-maker and arrive at a better decision.

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Author Biographies

  • Juan Manuel Izar Landeta, Instituto Tecnológico Superior de Rioverde

    Doctor en Administración. 

  • José Adrián Nájera Saldaña, Instituto Tecnológico Superior de Rioverde

    Doctor en Administración, Profesor Investigador del Instituto Tecnológico Superior de Rioverde, Investigador del SNII Nivel Candidato, Perfil Prodep.

  • Lizbeth Angélica Zárate Camacho, Instituto Tecnológico Superior de Rioverde

    Maestra en Educación Basada en Competencias y Doctorante en Educación, Profesora de Tiempo Completo del Instituto Tecnológico Superior de Rioverde

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Published

2024-09-30

How to Cite

Izar Landeta, J. M., Nájera Saldaña, J. A., & Zárate Camacho, L. A. . (2024). Selection of the best investment decision in San Luis Potosithrough Multicriteria Models. HITOS DE CIENCIAS ECONÓMICO ADMINISTRATIVAS, 30(87), 155-175. https://doi.org/10.19136/hitos.a30n87.6337