Analytic Network Process

The term Analytic Network Process and Analytical Network Process ( ANP) refers to a technique for solving multicriteria decision problems under certainty and conduct of forecasts. Situations in which the ANP can be used are, for example, choosing a car to buy or the prognosis of market shares of companies.

General description of the ANP

The ANP was developed by the mathematician Thomas L. Saaty and represents a further development of the Analytic Hierarchy Process (AHP ) dar. In contrast to the AHP, in which the criteria are arranged in a hierarchy, the ANP allows the creation of decision networks.

Alternative techniques to solve multi-criteria decision problems

• Cost-benefit analysis
• Analytic Hierarchy Process (AHP )
• TOPSIS ( Technique for Order Preference by Similarity to Ideal Solution)

• Business Administration
• Project Management
• Decision Theory