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The Most Representative Composite Rank Ordering Of Multi-Attribute Objects By The Particle Swarm Optimization, Sudhanshu K. Mishra
The Most Representative Composite Rank Ordering Of Multi-Attribute Objects By The Particle Swarm Optimization, Sudhanshu K. Mishra
Sudhanshu K Mishra
Rank-ordering of individuals or objects on multiple criteria has many important practical applications. A reasonably representative composite rank ordering of multi-attribute objects/individuals or multi-dimensional points is often obtained by the Principal Component Analysis, although much inferior but computationally convenient methods also are frequently used. However, such rank ordering – even the one based on the Principal Component Analysis – may not be optimal. This has been demonstrated by several numerical examples. To solve this problem, the Ordinal Principal Component Analysis was suggested some time back. However, this approach cannot deal with various types of alternative schemes of rank ordering, mainly …