Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. 1. Multi criteria decision making techniques In generic terms in common decision making processes follow eight steps for decision making process [9; 10], which are presented in Fig1.
In methods like Scrum and lean, the decisions are postponed as late as possible to have more information for making the right decision or to change a decision if it does not work. Abstract Background: The alternatives selection problem with multi-criteria in stochastic form variables is called as stochastic multi-criteria decision-making. The stochasticity of the criteria is considered using stochastic dominance, prospect theory, and regret theory. project.