International Journal of Advanced Multidisciplinary Research and Studies
Volume 4, Issue 2, 2024
Optimizing University Student Housing Decisions: A MARCOS-Based Multi-Criteria Analysis
Author(s): Huy Tran Quang
DOI: https://doi.org/10.62225/2583049X.2024.4.2.2457
Abstract:
Multi-criteria decision making (MCDM) techniques are crucial in decision-making situations with several conflicting criteria, helping to make well-informed and optimum decisions. This study utilizes the MARCOS technique, a well-known MCDM strategy, to help university students choose the optimal apartment leasing option nearby a Vietnamese institution. Data on two critical criteria, namely location distance to the university and monthly rental price, were collected from 18 apartment rental options. Through rigorous analysis utilizing the MARCOS method, the study identifies the most suitable apartment rental option for university students.
Keywords: Multi-Criteria Decision Making, MARCOS Technique, Apartment Selection, Decision Analysis, Optimal Accommodation
Pages: 165-167
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