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Subagio, Relo
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Computer Science & IT Electrical & Electronics Engineering Engineering

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Effectiveness of Weighting in Assessing Ranking Criteria on the SWOT-MAGIQ Matrix Ambarsari, Erlin Windia; Subagio, Relo; Mesran, Mesran
Bulletin of Informatics and Data Science Vol 3, No 1 (2024): May 2024
Publisher : PDSI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61944/bids.v3i1.85

Abstract

The Analytical Hierarchy Process (AHP) has been a prominent tool in decision-making, but the Multi-Attribute Global Interference of Quality (MAGIQ) offers an alternative with its unique weighting mechanism. This research delves into the effectiveness of weighting in assessing ranking criteria within the SWOT-MAGIQ matrix. The study contrasts the traditional Rank Order Centroid (ROC) approach with the Improved Rank Order Centroid (IROC), focusing on their application in the SWOT analysis. While ROC provides simplicity, IROC aims for enhanced accuracy by considering variability in rankings. The results indicate nuanced differences, with ROC assigning higher weights to criteria such as "Friendly Staff" (0.3183 vs. IROC’s 0.3125), while IROC prioritizes aspects like "Strong Customer Relationships" more significantly (0.1103 vs. ROC’s 0.1053). The choice between ROC and IROC hinges on the specific needs of the decision-making context, with IROC potentially offering a more detailed perspective in complex scenarios. This research underscores the importance of selecting the appropriate weighting mechanism to ensure informed and strategic decisions within the SWOT-MAGIQ framework
Co-Authors Erlin Windia Ambarsari Mesran, Mesran