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USING ANALYTICAL HIERARCHY PROCESS (HP) TO FORM SHARES PORTFOLIO IN KINGDOM OF BAHRAIN STOKE MARKET Dr. Hussain Sin jar Alhambra Applied Science University Manama, Bahrain E- mail: Alhambra yahoo.co.UK
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How to fill out using analytical hierarchy process
How to fill out using analytical hierarchy process:
01
Start by identifying the problem or decision you need to make. Clearly define the goal and the criteria that will be used to evaluate different options.
02
Create a hierarchy of criteria by breaking down the main goal into sub-goals and then into more specific criteria. This hierarchy should represent the different factors that are important in making the decision.
03
Assign weights to each criterion based on its relative importance. Use a scale, such as a numerical score or a percentage, to indicate the importance of each criterion. The sum of all weights should equal 100%.
04
Evaluate the alternatives for each criterion. Assign a score or rank to each alternative based on how well it meets the criteria. This can be done using a numeric scale or by comparing alternatives to each other.
05
Calculate the weighted scores for each alternative by multiplying the scores for each criterion by its weight and summing them up. This will give you a final score for each alternative.
06
Analyze the results and make a decision based on the scores obtained. The alternative with the highest score is typically considered the best choice.
Who needs using analytical hierarchy process:
01
Individuals or businesses faced with complex decisions that involve multiple criteria and alternatives. The analytical hierarchy process provides a structured and systematic approach to decision-making, making it useful in situations where subjective judgment alone might not be sufficient.
02
Project managers who need to prioritize tasks or allocate resources. The analytical hierarchy process helps in ranking different options and determining the most efficient use of resources.
03
Researchers or analysts who need to evaluate different strategies or scenarios. The analytical hierarchy process allows for a comprehensive assessment of various alternatives and their impact on different criteria.
In conclusion, the analytical hierarchy process is a valuable tool for making decisions that involve multiple criteria and alternatives. By following a step-by-step approach and assigning weights and scores to different factors, individuals and organizations can make informed choices based on objective analysis.
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What is using analytical hierarchy process?
Analytical Hierachy Process (AHP) is a decision-making tool that helps to prioritize and make complex decisions.
Who is required to file using analytical hierarchy process?
Anyone who needs to make decisions involving multiple criteria and alternatives can use the Analytical Hierarchy Process.
How to fill out using analytical hierarchy process?
To fill out using Analytical Hierarchy Process, you need to first define the decision criteria, establish the importance of each criterion, evaluate alternatives against each criterion, and calculate the overall score for each alternative.
What is the purpose of using analytical hierarchy process?
The purpose of using Analytical Hierarchy Process is to facilitate decision making by structuring complex problems and providing a systematic approach to evaluating and prioritizing alternatives.
What information must be reported on using analytical hierarchy process?
The information that must be reported when using Analytical Hierarchy Process includes the decision criteria, the weights assigned to each criterion, the evaluation scores for each alternative, and the final rankings of the alternatives.
When is the deadline to file using analytical hierarchy process in 2023?
The deadline to file using Analytical Hierarchy Process in 2023 will depend on the specific project or decision being made.
What is the penalty for the late filing of using analytical hierarchy process?
There is no specific penalty for late filing using Analytical Hierarchy Process, but delays in decision-making could result in missed opportunities or suboptimal outcomes.
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