What does Weighted Ranking assist in?

Weighted Ranking is a decision-making tool that helps in comparing and evaluating alternatives by assigning weights to various criteria based on their importance. This process enables individuals or organizations to systematically review multiple options against established criteria, allowing for a more structured analysis. When utilizing weighted ranking, each alternative is scored and then multiplied by its corresponding weight, leading to an overall score that facilitates comparison.

This approach is especially useful in scenarios where decisions are complex and involve multiple factors, as it provides a quantitative framework to assess which alternative best meets the desired outcomes based on prioritized criteria. Such clarity aids decision-makers in choosing the most suitable option amidst varying degrees of importance and preference among the alternatives. The other choices involve different analytical techniques or areas of focus that do not pertain specifically to using weight to evaluate decisions.