New Methods And Applications In Multiple Attribute Decision Making Madm

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New Methods and Applications in Multiple Attribute Decision Making (MADM)

Author : Alireza Alinezhad,Javad Khalili
Publisher : Springer Nature
Page : 233 pages
File Size : 41,5 Mb
Release : 2019-08-23
Category : Business & Economics
ISBN : 9783030150099

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New Methods and Applications in Multiple Attribute Decision Making (MADM) by Alireza Alinezhad,Javad Khalili Pdf

This book presents 27 methods of the Multiple Attribute Decision Making (MADM), which are not discussed in the existing books, nor studied in details, using more applications. Nowadays, decision making is one of the most important and fundamental tasks of management as an organizational goal achievement that depends on its quality. Decision making includes the correct expression of objectives, determining different and possible solutions, evaluating their feasibility, assessing the consequences, and the results of implementing each solution, and finally, selecting and implementing the solution. Multiple Criteria Decision Making (MCDM) is sum of the decision making techniques. MCDM is divided into the Multiple Objective Decision Making (MODM) for designing the best solution and MADM for selecting the best alternative. Given that the applications of MADM are mostly more than MODM, wide various techniques have been developed for MADM by researchers over the last 60 years, and the current book introduces some of the other new MADM methods.

Multiple Attribute Decision Making

Author : Ching-Lai Hwang,Kwangsun Yoon
Publisher : Springer Science & Business Media
Page : 274 pages
File Size : 42,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642483189

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Multiple Attribute Decision Making by Ching-Lai Hwang,Kwangsun Yoon Pdf

This mono graph is intended for an advanced undergraduate or graduate course as weIl as for the researchers who want a compilation of developments in this rapidly growing field of operations research. This is a sequel to our previous work entitled "Multiple Objective Decision Making--Methods and Applications: A State-of-the-Art Survey," (No. 164 of the Lecture Notes). The literature on methods and applications of Multiple Attribute Decision Making (MADM) has been reviewed and classified systematically. This study provides readers with a capsule look into the existing methods, their char acteristics, and applicability to analysis of MADM problems. The basic MADM concepts are defined and a standard notation is introduced in Part 11. Also introduced are foundations such as models for MADM, trans formation of attributes, fuzzy decision rules, and methods for assessing weight. A system of classifying seventeen major MADM methods is presented. These methods have been proposed by researchers in diversified disciplines; half of them are classical ones, but the other half have appeared recently. The basic concept, the computational procedure, and the characteristics of each of these methods are presented concisely in Part 111. The computational procedure of each method is illustrated by solving a simple numerical example. Part IV of the survey deals with the applications of these MADM methods.

Multiple Attribute Decision Making

Author : Gwo-Hshiung Tzeng,Jih-Jeng Huang
Publisher : CRC Press
Page : 352 pages
File Size : 45,6 Mb
Release : 2011-06-22
Category : Business & Economics
ISBN : 9781439861578

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Multiple Attribute Decision Making by Gwo-Hshiung Tzeng,Jih-Jeng Huang Pdf

Decision makers are often faced with several conflicting alternatives. How do they evaluate trade-offs when there are more than three criteria? To help people make optimal decisions, scholars in the discipline of multiple criteria decision making (MCDM) continue to develop new methods for structuring preferences and determining the correct relative weights for criteria. A compilation of modern decision-making techniques, Multiple Attribute Decision Making: Methods and Applications focuses on the fuzzy set approach to multiple attribute decision making (MADM). Drawing on their experience, the authors bring together current methods and real-life applications of MADM techniques for decision analysis. They also propose a novel hybrid MADM model that combines DEMATEL and analytic network process (ANP) with VIKOR procedures. The first part of the book focuses on the theory of each method and includes examples that can be calculated without a computer, providing a complete understanding of the procedures. Methods include the analytic hierarchy process (AHP), ANP, simple additive weighting method, ELECTRE, PROMETHEE, the gray relational model, fuzzy integral technique, rough sets, and the structural model. Integrating theory and practice, the second part of the book illustrates how methods can be used to solve real-world MADM problems. Applications covered in the book include: AHP to select planning and design services for a construction project TOPSIS and VIKOR to evaluate the best alternative-fuel vehicles for urban areas ELECTRE to solve network design problems in urban transportation planning PROMETEE to set priorities for the development of new energy systems, from solar thermal to hydrogen energy Fuzzy integrals to evaluate enterprise intranet web sites Rough sets to make decisions in insurance marketing Helping readers understand how to apply MADM techniques to their decision making, this book is suitable for undergraduate and graduate students as well as practitioners.

Fuzzy Multiple Attribute Decision Making

Author : Shu-Jen Chen,Ching-Lai Hwang
Publisher : Springer Science & Business Media
Page : 552 pages
File Size : 46,7 Mb
Release : 2012-12-06
Category : Mathematics
ISBN : 9783642467684

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Fuzzy Multiple Attribute Decision Making by Shu-Jen Chen,Ching-Lai Hwang Pdf

This monograph is intended for an advanced undergraduate or graduate course as well as for researchers, who want a compilation of developments in this rapidly growing field of operations research. This is a sequel to our previous works: "Multiple Objective Decision Making--Methods and Applications: A state-of-the-Art Survey" (No.164 of the Lecture Notes); "Multiple Attribute Decision Making--Methods and Applications: A State-of-the-Art Survey" (No.186 of the Lecture Notes); and "Group Decision Making under Multiple Criteria--Methods and Applications" (No.281 of the Lecture Notes). In this monograph, the literature on methods of fuzzy Multiple Attribute Decision Making (MADM) has been reviewed thoroughly and critically, and classified systematically. This study provides readers with a capsule look into the existing methods, their characteristics, and applicability to the analysis of fuzzy MADM problems. The basic concepts and algorithms from the classical MADM methods have been used in the development of the fuzzy MADM methods. We give an overview of the classical MADM in Chapter II. Chapter III presents the basic concepts and mathematical operations of fuzzy set theory with simple numerical examples in a easy-to-read and easy-to-follow manner. Fuzzy MADM methods basically consist of two phases: (1) the aggregation of the performance scores with respect to all the attributes for each alternative, and (2) the rank ordering of the alternatives according to the aggregated scores.

A Handbook on Multi-Attribute Decision-Making Methods

Author : Omid Bozorg-Haddad,Babak Zolghadr-Asli,Hugo A. Loáiciga
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 41,6 Mb
Release : 2021-04-06
Category : Business & Economics
ISBN : 9781119563495

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A Handbook on Multi-Attribute Decision-Making Methods by Omid Bozorg-Haddad,Babak Zolghadr-Asli,Hugo A. Loáiciga Pdf

Clear and effective instruction on MADM methods for students, researchers, and practitioners. A Handbook on Multi-Attribute Decision-Making Methods describes multi-attribute decision-making (MADM) methods and provides step-by-step guidelines for applying them. The authors describe the most important MADM methods and provide an assessment of their performance in solving problems across disciplines. After offering an overview of decision-making and its fundamental concepts, this book covers 20 leading MADM methods and contains an appendix on weight assignment methods. Chapters are arranged with optimal learning in mind, so you can easily engage with the content found in each chapter. Dedicated readers may go through the entire book to gain a deep understanding of MADM methods and their theoretical foundation, and others may choose to review only specific chapters. Each standalone chapter contains a brief description of prerequisite materials, methods, and mathematical concepts needed to cover its content, so you will not face any difficulty understanding single chapters. Each chapter: Describes, step-by-step, a specific MADM method, or in some cases a family of methods Contains a thorough literature review for each MADM method, supported with numerous examples of the method's implementation in various fields Provides a detailed yet concise description of each method's theoretical foundation Maps each method's philosophical basis to its corresponding mathematical framework Demonstrates how to implement each MADM method to real-world problems in a variety of disciplines In MADM methods, stakeholders' objectives are expressible through a set of often conflicting criteria, making this family of decision-making approaches relevant to a wide range of situations. A Handbook on Multi-Attribute Decision-Making Methods compiles and explains the most important methodologies in a clear and systematic manner, perfect for students and professionals whose work involves operations research and decision making.

Uncertain Multi-Attribute Decision Making

Author : Zeshui Xu
Publisher : Springer
Page : 373 pages
File Size : 42,5 Mb
Release : 2015-02-05
Category : Business & Economics
ISBN : 9783662456408

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Uncertain Multi-Attribute Decision Making by Zeshui Xu Pdf

This book introduces methods for uncertain multi-attribute decision making including uncertain multi-attribute group decision making and their applications to supply chain management, investment decision making, personnel assessment, redesigning products, maintenance services, military system efficiency evaluation. Multi-attribute decision making, also known as multi-objective decision making with finite alternatives, is an important component of modern decision science. The theory and methods of multi-attribute decision making have been extensively applied in engineering, economics, management and military contexts, such as venture capital project evaluation, facility location, bidding, development ranking of industrial sectors and so on. Over the last few decades, great attention has been paid to research on multi-attribute decision making in uncertain settings, due to the increasing complexity and uncertainty of supposedly objective aspects and the fuzziness of human thought. This book can be used as a reference guide for researchers and practitioners working in e.g. the fields of operations research, information science, management science and engineering. It can also be used as a textbook for postgraduate and senior undergraduate students.

Fuzzy Multi-Criteria Decision Making

Author : Cengiz Kahraman
Publisher : Springer Science & Business Media
Page : 591 pages
File Size : 53,5 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.

Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods

Author : R. Venkata Rao
Publisher : Springer Science & Business Media
Page : 297 pages
File Size : 55,5 Mb
Release : 2012-08-27
Category : Technology & Engineering
ISBN : 9781447143758

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Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods by R. Venkata Rao Pdf

Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods presents the concepts and details of applications of MADM methods. A range of methods are covered including Analytic Hierarchy Process (AHP), Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), VIšekriterijumsko KOmpromisno Rangiranje (VIKOR), Data Envelopment Analysis (DEA), Preference Ranking METHod for Enrichment Evaluations (PROMETHEE), ELimination Et Choix Traduisant la Realité (ELECTRE), COmplex PRoportional ASsessment (COPRAS), Grey Relational Analysis (GRA), UTility Additive (UTA), and Ordered Weighted Averaging (OWA). The existing MADM methods are improved upon and three novel multiple attribute decision making methods for solving the decision making problems of the manufacturing environment are proposed. The concept of integrated weights is introduced in the proposed subjective and objective integrated weights (SOIW) method and the weighted Euclidean distance based approach (WEDBA) to consider both the decision maker’s subjective preferences as well as the distribution of the attributes data of the decision matrix. These methods, which use fuzzy logic to convert the qualitative attributes into the quantitative attributes, are supported by various real-world application examples. Also, computer codes for AHP, TOPSIS, DEA, PROMETHEE, ELECTRE, COPRAS, and SOIW methods are included. This comprehensive coverage makes Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods a key reference for the designers, manufacturing engineers, practitioners, managers, institutes involved in both design and manufacturing related projects. It is also an ideal study resource for applied research workers, academicians, and students in mechanical and industrial engineering.

Multi-Criteria Decision Making

Author : Jitesh J. Thakkar
Publisher : Springer Nature
Page : 393 pages
File Size : 40,9 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. ^

A New Method Based on PROMETHEE and TODIM for Multi-Attribute Decision-Making with Single-Valued Neutrosophic Sets

Author : Dongsheng Xu,XiaolanWei,Hui Ding,Hongqiong Bin
Publisher : Infinite Study
Page : 12 pages
File Size : 54,7 Mb
Release : 2024-05-27
Category : Mathematics
ISBN : 8210379456XXX

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A New Method Based on PROMETHEE and TODIM for Multi-Attribute Decision-Making with Single-Valued Neutrosophic Sets by Dongsheng Xu,XiaolanWei,Hui Ding,Hongqiong Bin Pdf

In this paper, a new method based on PROMETHEE and TODIM is proposed to solve the MADM problem under the single-valued neutrosophic environment. Based on the calculation formula of inflow and outflow in PROMETHEE method, and the calculation formula of overall dominance in the TODIM method, a new integrated formula is obtained.

New Concepts and Trends of Hybrid Multiple Criteria Decision Making

Author : Gwo-Hshiung Tzeng,Kao-Yi Shen
Publisher : CRC Press
Page : 346 pages
File Size : 46,9 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.

A Handbook on Multi-Attribute Decision-Making Methods

Author : Omid Bozorg-Haddad,Babak Zolghadr-Asli,Hugo A. Loáiciga
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 52,5 Mb
Release : 2021-03-24
Category : Business & Economics
ISBN : 9781119563389

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A Handbook on Multi-Attribute Decision-Making Methods by Omid Bozorg-Haddad,Babak Zolghadr-Asli,Hugo A. Loáiciga Pdf

Clear and effective instruction on MADM methods for students, researchers, and practitioners. A Handbook on Multi-Attribute Decision-Making Methods describes multi-attribute decision-making (MADM) methods and provides step-by-step guidelines for applying them. The authors describe the most important MADM methods and provide an assessment of their performance in solving problems across disciplines. After offering an overview of decision-making and its fundamental concepts, this book covers 20 leading MADM methods and contains an appendix on weight assignment methods. Chapters are arranged with optimal learning in mind, so you can easily engage with the content found in each chapter. Dedicated readers may go through the entire book to gain a deep understanding of MADM methods and their theoretical foundation, and others may choose to review only specific chapters. Each standalone chapter contains a brief description of prerequisite materials, methods, and mathematical concepts needed to cover its content, so you will not face any difficulty understanding single chapters. Each chapter: Describes, step-by-step, a specific MADM method, or in some cases a family of methods Contains a thorough literature review for each MADM method, supported with numerous examples of the method's implementation in various fields Provides a detailed yet concise description of each method's theoretical foundation Maps each method's philosophical basis to its corresponding mathematical framework Demonstrates how to implement each MADM method to real-world problems in a variety of disciplines In MADM methods, stakeholders' objectives are expressible through a set of often conflicting criteria, making this family of decision-making approaches relevant to a wide range of situations. A Handbook on Multi-Attribute Decision-Making Methods compiles and explains the most important methodologies in a clear and systematic manner, perfect for students and professionals whose work involves operations research and decision making.

Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design

Author : Ali Jahan,Kevin L Edwards,Marjan Bahraminasab
Publisher : Butterworth-Heinemann
Page : 252 pages
File Size : 45,6 Mb
Release : 2016-02-17
Category : Technology & Engineering
ISBN : 9780081005415

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Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design by Ali Jahan,Kevin L Edwards,Marjan Bahraminasab Pdf

Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design, Second Edition, provides readers with tactics they can use to optimally select materials to satisfy complex design problems when they are faced with the vast range of materials available. Current approaches to materials selection range from the use of intuition and experience, to more formalized computer-based methods, such as electronic databases with search engines to facilitate the materials selection process. Recently, multi-criteria decision-making (MCDM) methods have been applied to materials selection, demonstrating significant capability for tackling complex design problems. This book describes the rapidly growing field of MCDM and its application to materials selection. It aids readers in producing successful designs by improving the decision-making process. This new edition updates and expands previous key topics, including new chapters on materials selection in the context of design problem-solving and multiple objective decision-making, also presenting a significant amount of additional case studies that will aid in the learning process. Describes the advantages of Quality Function Deployment (QFD) in the materials selection process through different case studies Presents a methodology for multi-objective material design optimization that employs Design of Experiments coupled with Finite Element Analysis Supplements existing quantitative methods of materials selection by allowing simultaneous consideration of design attributes, component configurations, and types of material Provides a case study for simultaneous materials selection and geometrical optimization processes

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

Author : Noorul Hassan Zardari,Kamal Ahmed,Sharif Moniruzzaman Shirazi,Zulkifli Bin Yusop
Publisher : Springer
Page : 166 pages
File Size : 46,7 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.