Aggregated Indices Randomization Method
In applied mathematics and decision making, the Aggregated Indices Randomization Method (AIRM) is a modification of a well-known aggregated indices method, targeting complex objects subjected to multi-criteria estimation under uncertainty. AIRM was first developed by the Russian naval applied mathematician Aleksey Krylov around 1908.
The main advantage of AIRM over other variants of aggregated indices methods is its ability to cope with poor-quality input information. It can use non-numeric (ordinal), non-exact (interval) and non-complete expert information to solve Multiple Criteria Decision Making (MCDM) problems. An exact and transparent mathematical foundation can assure the precision and fidelity of AIRM results.
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