Models And Methods In Multiple Criteria Decision Making

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Multiple Criteria Decision Analysis

Valerie Belton,Theodor Stewart
Multiple Criteria Decision Analysis Book PDF

Author : Valerie Belton,Theodor Stewart
Publisher : Springer Science & Business Media
Page : 381 pages
File Size : 46,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461514954

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Multiple Criteria Decision Analysis by Valerie Belton,Theodor Stewart Pdf

The field of multiple criteria decision analysis (MCDA), also termed multiple criteria decision aid, or multiple criteria decision making (MCDM), has developed rapidly over the past quarter century and in the process a number of divergent schools of thought have emerged. This can make it difficult for a new entrant into the field to develop a comprehensive appreciation of the range of tools and approaches which are available to assist decision makers in dealing with the ever-present difficulties of seeking compromise or consensus between conflicting inter ests and goals, i.e. the "multiple criteria". The diversity of philosophies and models makes it equally difficult for potential users of MCDA, i.e. management scientists and/or decision makers facing problems involving conflicting goals, to gain a clear understanding of which methodologies are appropriate to their particular context. Our intention in writing this book has been to provide a compre hensive yet widely accessible overview of the main streams of thought within MCDA. We aim to provide readers with sufficient awareness of the underlying philosophies and theories, understanding of the practi cal details of the methods, and insight into practice to enable them to implement any of the approaches in an informed manner. As the title of the book indicates, our emphasis is on developing an integrated view of MCDA, which we perceive to incorporate both integration of differ ent schools of thought within MCDA, and integration of MCDA with broader management theory, science and practice.

Multiple Criteria Decision Making

Anand J. Kulkarni
Multiple Criteria Decision Making Book PDF

Author : Anand J. Kulkarni
Publisher : Springer
Page : 0 pages
File Size : 41,9 Mb
Release : 2023-02-16
Category : Technology & Engineering
ISBN : 9811674167

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Multiple Criteria Decision Making by Anand J. Kulkarni Pdf

The book discusses state-of-the-art applications and methodologies of the Multiple Criteria Decision Making (MCDM) techniques and approaches. The book focuses on critical literature, underlying principles of methods and models, solution approaches, testing and validation, real-world applications, case studies, etc. The book helps evaluate strategic decision-making through advanced MCDM and integrated approaches of AI, big data, and IoT to provide realistic and robust solutions to the current problems. The book will be a guideline to the potential MCDM researchers about the choice of approaches for dealing with the complexities and modalities. The contributions of the book help readers to explore new avenues leading towards multidisciplinary research discussions. This book will be interesting for engineers, scientists, and students studying/working in the related areas.

Multiple Criteria Decision Analysis for Industrial Engineering

Gerald William Evans
Multiple Criteria Decision Analysis for Industrial Engineering Book PDF

Author : Gerald William Evans
Publisher : CRC Press
Page : 381 pages
File Size : 42,5 Mb
Release : 2016-12-01
Category : Technology & Engineering
ISBN : 9781498739856

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Multiple Criteria Decision Analysis for Industrial Engineering by Gerald William Evans Pdf

This textbook presents methodologies and applications associated with multiple criteria decision analysis (MCDA), especially for those students with an interest in industrial engineering. With respect to methodology, the book covers (1) problem structuring methods; (2) methods for ranking multi-dimensional deterministic outcomes including multiattribute value theory, the analytic hierarchy process, the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), and outranking techniques; (3) goal programming,; (4) methods for describing preference structures over single and multi-dimensional probabilistic outcomes (e.g., utility functions); (5) decision trees and influence diagrams; (6) methods for determining input probability distributions for decision trees, influence diagrams, and general simulation models; and (7) the use of simulation modeling for decision analysis. This textbook also offers: · Easy to follow descriptions of how to apply a wide variety of MCDA techniques · Specific examples involving multiple objectives and/or uncertainty/risk of interest to industrial engineers · A section on outranking techniques ; this group of techniques, which is popular in Europe, is very rarely mentioned as a methodology for MCDA in the United States · A chapter on simulation as a useful tool for MCDA, including ranking & selection procedures. Such material is rarely covered in courses in decision analysis · Both material review questions and problems at the end of each chapter . Solutions to the exercises are found in the Solutions Manual which will be provided along with PowerPoint slides for each chapter. The methodologies are demonstrated through the use of applications of interest to industrial engineers, including those involving product mix optimization, supplier selection, distribution center location and transportation planning, resource allocation and scheduling of a medical clinic, staffing of a call center, quality control, project management, production and inventory control,and so on. Specifically, industrial engineering problems are structured as classical problems in multiple criteria decision analysis, and the relevant methodologies are demonstrated.

Models and Methods in Multiple Criteria Decision Making

G. Colson,C. De Bruyn
Models and Methods in Multiple Criteria Decision Making Book PDF

Author : G. Colson,C. De Bruyn
Publisher : Elsevier
Page : 245 pages
File Size : 47,9 Mb
Release : 2014-06-28
Category : Business & Economics
ISBN : 9781483295565

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Models and Methods in Multiple Criteria Decision Making by G. Colson,C. De Bruyn Pdf

This volume is devoted to models and methods in multiple objectives decision making. The importance of the multiple dimensions of decision making was first recognised during the 1960s and since then progress has been made in that theoretical or application oriented contributions may now be categorized under two main headings:- Multiattribute Decision Making (MADM) which concerns the sorting, the ranking or the evaluation of objects of choice according to several criteria and Multiobjective Decision Making (MODM) which deals with the vector optimization in mathematical programming. The above are also presented in the context of various applications, namely banking, environment, health, manpower, media, portfolio and traffic control, resulting in a book for a wide variety of readers.

Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management

Noorul Hassan Zardari,Kamal Ahmed,Sharif Moniruzzaman Shirazi,Zulkifli Bin Yusop
Weighting Methods and their Effects on Multi Criteria Decision Making Model Outcomes in Water Resources Management Book PDF

Author : Noorul Hassan Zardari,Kamal Ahmed,Sharif Moniruzzaman Shirazi,Zulkifli Bin Yusop
Publisher : Springer
Page : 166 pages
File Size : 42,8 Mb
Release : 2014-10-30
Category : Science
ISBN : 9783319125862

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Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management by Noorul Hassan Zardari,Kamal Ahmed,Sharif Moniruzzaman Shirazi,Zulkifli Bin Yusop Pdf

This book provides a systematic way of how to make better decisions in water resources management. The applications of three weighting methods namely rating, ranking, and ratio are discussed in this book. Additionally, data mining on keywords is presented using three popular scholarly databases: Science Direct, Scopus, and SciVerse. Four abbreviated keywords (MCDM, MCDA, MCA, MADM) representing multi-criteria decision-making were used and these three databases were searched for different popular weighting methods for a period of 13 years (2000-2012). The book provides also a review of weighting methods applied in various multi-criteria decision-making (MCDM) methods and also presents survey results on priority ranking of watershed management criteria undertaken by 30 undergraduate and postgraduate students from the Faculty of Civil Engineering, Universiti Teknologi Malaysia.

Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management

Edmundas Kazimieras Zavadskas,Jurgita Antuchevičienė,Prasenjit Chatterjee
Multiple Criteria Decision Making MCDM Techniques for Business Processes Information Management Book PDF

Author : Edmundas Kazimieras Zavadskas,Jurgita Antuchevičienė,Prasenjit Chatterjee
Publisher : MDPI
Page : 320 pages
File Size : 51,7 Mb
Release : 2019-03-08
Category : Technology & Engineering
ISBN : 9783038976424

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Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management by Edmundas Kazimieras Zavadskas,Jurgita Antuchevičienė,Prasenjit Chatterjee Pdf

Information management is a common paradigm in modern decision-making. A wide range of decision-making techniques have been proposed in the literature to model complex business and engineering processes. In this Special Issue, 16 selected and peer-reviewed original research articles contribute to business information management in various current real-world problems by proposing crisp or uncertain multiple-criteria decision-making (MCDM) models and techniques, mostly including multi-attribute decision-making (MADM) approaches, in addition to a single paper proposing an interactive multi-objective decision-making (MODM) approach. Particular attention is devoted to information aggregation operators—65% of papers dealt with this item. The topics of this Special Issue gained attention in Europe and Asia. A total of 48 authors from seven countries contributed to this Issue. The papers are mainly concentrated in three application areas: supplier selection and rational order allocation, the evaluation and selection of goods or facilities, and personnel selection/partner selection. A number of new approaches are proposed that are expected to attract great interest from the research community.

Multi-Criteria Decision-Making Models for Website Evaluation

Vatansever, Kemal,Akgül, Yakup
Multi Criteria Decision Making Models for Website Evaluation Book PDF

Author : Vatansever, Kemal,Akgül, Yakup
Publisher : IGI Global
Page : 254 pages
File Size : 50,8 Mb
Release : 2019-05-15
Category : Computers
ISBN : 9781522582397

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Multi-Criteria Decision-Making Models for Website Evaluation by Vatansever, Kemal,Akgül, Yakup Pdf

With almost every business application process being linked with a web portal, the website has become an integral part of any organization. Satisfying the end user’s needs is one of the key principles of designing an effective website. Because there are different users for any given website, there are different criteria that users want. Thus, evaluating a website is a multi-criteria decision-making problem in which the decision maker’s opinion should be considered for ranking the website. Multi-Criteria Decision-Making Models for Website Evaluation is a critical scholarly resource that covers the strategies needed to evaluate the navigability and efficacy of websites as promotional platforms for their companies. Featuring a wide range of topics including linguistic modelling, e-services, and site quality, this book is ideal for managers, executives, website designers, graphic artists, specialists, consultants, educationalists, researchers, and students.

Multiple Criteria Decision Making

Constantin Zopounidis,Michael Doumpos
Multiple Criteria Decision Making Book PDF

Author : Constantin Zopounidis,Michael Doumpos
Publisher : Springer
Page : 211 pages
File Size : 54,9 Mb
Release : 2016-09-08
Category : Business & Economics
ISBN : 9783319392929

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Multiple Criteria Decision Making by Constantin Zopounidis,Michael Doumpos Pdf

This book presents a broad range of innovative applications and case studies in all areas of management and engineering, including public administration, finance, marketing, engineering, transportation, and energy systems. It addresses issues related to problem structuring, preference modeling, and model construction, presenting a framework that provides clear decision-making support in practice. In addition, it includes hybrid and integrated techniques combining multiple criteria decision making (MCDM) with other analytical methods. The book reflects the growing impact of MCDM in the field of management science and operations research. Building on recent and established theoretical advances and presenting their applications in specific domains, it offers a comprehensive resource for researchers, graduate students and professionals alike.

Multi-Criteria Decision Making

Jitesh J. Thakkar
Multi Criteria Decision Making Book PDF

Author : Jitesh J. Thakkar
Publisher : Springer Nature
Page : 393 pages
File Size : 44,6 Mb
Release : 2021-02-08
Category : Technology & Engineering
ISBN : 9789813347458

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Multi-Criteria Decision Making by Jitesh J. Thakkar Pdf

p="" The book covers the domain of multi-criteria decision making, a topic which has gained significant attention of researchers and practitioners spanning a variety of disciplines for enhancing their decision making in real life situation. The topics in this volume help readers understand the techniques in the model building and analysis stage. The chapters cover a variety of techniques and their applications for interesting problems. This book will be of interest to readers in diverse disciplines such as engineering, business, management, humanities, psychology and law. ^

Multiple Criteria Decision Making

M. Murat Köksalan,Jyrki Wallenius,Stanley Zionts
Multiple Criteria Decision Making Book PDF

Author : M. Murat Köksalan,Jyrki Wallenius,Stanley Zionts
Publisher : World Scientific
Page : 210 pages
File Size : 47,5 Mb
Release : 2011
Category : Business & Economics
ISBN : 9789814335591

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Multiple Criteria Decision Making by M. Murat Köksalan,Jyrki Wallenius,Stanley Zionts Pdf

Ch. 1. The early history of MCDM -- ch. 2. MCDM developments in the 1970s -- ch. 3. MCDM developments in the 1980s -- ch. 4. MCDM developments in the 1990s and beyond -- ch. 5. MCDM conferences -- ch. 6. MCDM society traditions -- ch. 7. Awards and presidents -- ch. 8. Biographies of leading MCDM scholars -- ch. 9. Conclusion

Multi-criteria Decision Making Methods

Evangelos Triantaphyllou
Multi criteria Decision Making Methods Book PDF

Author : Evangelos Triantaphyllou
Publisher : Springer Science & Business Media
Page : 307 pages
File Size : 41,5 Mb
Release : 2013-03-09
Category : Business & Economics
ISBN : 9781475731576

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Multi-criteria Decision Making Methods by Evangelos Triantaphyllou Pdf

Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones. This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist. Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.

Multiple Criteria Decision Aid

Jason Papathanasiou,Nikolaos Ploskas
Multiple Criteria Decision Aid Book PDF

Author : Jason Papathanasiou,Nikolaos Ploskas
Publisher : Springer
Page : 173 pages
File Size : 45,6 Mb
Release : 2018-09-19
Category : Business & Economics
ISBN : 9783319916484

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Multiple Criteria Decision Aid by Jason Papathanasiou,Nikolaos Ploskas Pdf

Multiple criteria decision aid (MCDA) methods are illustrated in this book through theoretical and computational techniques utilizing Python. Existing methods are presented in detail with a step by step learning approach. Theoretical background is given for TOPSIS, VIKOR, PROMETHEE, SIR, AHP, goal programming, and their variations. Comprehensive numerical examples are also discussed for each method in conjunction with easy to follow Python code. Extensions to multiple criteria decision making algorithms such as fuzzy number theory and group decision making are introduced and implemented through Python as well. Readers will learn how to implement and use each method based on the problem, the available data, the stakeholders involved, and the various requirements needed. Focusing on the practical aspects of the multiple criteria decision making methodologies, this book is designed for researchers, practitioners and advanced graduate students in the applied mathematics, information systems, operations research and business administration disciplines, as well as other engineers and scientists oriented in interdisciplinary research. Readers will greatly benefit from this book by learning and applying various MCDM/A methods. (Adiel Teixeira de Almeida, CDSID-Center for Decision System and Information Development, Universidade Federal de Pernambuco, Recife, Brazil) Promoting the development and application of multicriteria decision aid is essential to ensure more ethical and sustainable decisions. This book is a great contribution to this objective. It is a perfect blend of theory and practice, providing potential users and researchers with the theoretical bases of some of the best-known methods as well as with the computing tools needed to practice, to compare and to put these methods to use. (Jean-Pierre Brans, Vrije Universiteit Brussel, Brussels, Belgium) This book is intended for researchers, practitioners and students alike in decision support who wish to familiarize themselves quickly and efficiently with multicriteria decision aiding algorithms. The proposed approach is original, as it presents a selection of methods from the theory to the practical implementation in Python, including a detailed example. This will certainly facilitate the learning of these techniques, and contribute to their effective dissemination in applications. (Patrick Meyer, IMT Atlantique, Lab-STICC, Univ. Bretagne Loire, Brest, France)

Multi-Criteria Decision Analysis in Management

Behl, Abhishek
Multi Criteria Decision Analysis in Management Book PDF

Author : Behl, Abhishek
Publisher : IGI Global
Page : 422 pages
File Size : 47,6 Mb
Release : 2020-02-01
Category : Business & Economics
ISBN : 9781799822189

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Multi-Criteria Decision Analysis in Management by Behl, Abhishek Pdf

Multi-criteria decision making (MCDM) has been extensively used in diverse disciplines, with a variety of MCDM techniques used to solve complex problems. A primary challenge faced by research scholars is to decode these techniques using detailed step-by-step analysis with case studies and data sets. The scope of such work would help decision makers to understand the process of using MCDM techniques appropriately to solve complex issues without making mistakes. Multi-Criteria Decision Analysis in Management provides innovative insights into the rationale behind using MCDM techniques to solve decision-making problems and provides comprehensive discussions on these techniques from their inception, development, and growth to their advancements and applications. The content within this publication examines hybrid multicriteria models, value theory, and data envelopment. Ideal for researchers, management professionals, students, operations scholars, and academicians, this scholarly work supports and enhances the decision-making process.

New Concepts and Trends of Hybrid Multiple Criteria Decision Making

Gwo-Hshiung Tzeng,Kao-Yi Shen
New Concepts and Trends of Hybrid Multiple Criteria Decision Making Book PDF

Author : Gwo-Hshiung Tzeng,Kao-Yi Shen
Publisher : CRC Press
Page : 346 pages
File Size : 49,8 Mb
Release : 2017-08-15
Category : Business & Economics
ISBN : 9781351680622

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New Concepts and Trends of Hybrid Multiple Criteria Decision Making by Gwo-Hshiung Tzeng,Kao-Yi Shen Pdf

When people or computers need to make a decision, typically multiple conflicting criteria need to be evaluated; for example, when we buy a car, we need to consider safety, cost and comfort. Multiple criteria decision making (MCDM) has been researched for decades. Now as the rising trend of big-data analytics in supporting decision making, MCDM can be more powerful when combined with state-of-the-art analytics and machine learning. In this book, the authors introduce a new framework of MCDM, which can lead to more accurate decision making. Several real-world cases will be included to illustrate the new hybrid approaches.

Fuzzy Multi-Criteria Decision Making

Cengiz Kahraman
Fuzzy Multi Criteria Decision Making Book PDF

Author : Cengiz Kahraman
Publisher : Springer Science & Business Media
Page : 591 pages
File Size : 51,8 Mb
Release : 2008-08-09
Category : Computers
ISBN : 9780387768137

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Fuzzy Multi-Criteria Decision Making by Cengiz Kahraman Pdf

This work examines all the fuzzy multicriteria methods recently developed, such as fuzzy AHP, fuzzy TOPSIS, interactive fuzzy multiobjective stochastic linear programming, fuzzy multiobjective dynamic programming, grey fuzzy multiobjective optimization, fuzzy multiobjective geometric programming, and more. Each of the 22 chapters includes practical applications along with new developments/results. This book may be used as a textbook in graduate operations research, industrial engineering, and economics courses. It will also be an excellent resource, providing new suggestions and directions for further research, for computer programmers, mathematicians, and scientists in a variety of disciplines where multicriteria decision making is needed.