Strategic Approach In Multi Criteria Decision Making

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Strategic Approach in Multi-Criteria Decision Making

Author : Nolberto Munier,Eloy Hontoria,Fernando Jiménez-Sáez
Publisher : Springer
Page : 276 pages
File Size : 52,7 Mb
Release : 2019-01-29
Category : Business & Economics
ISBN : 9783030027261

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Strategic Approach in Multi-Criteria Decision Making by Nolberto Munier,Eloy Hontoria,Fernando Jiménez-Sáez Pdf

This book examines multiple criteria decision making (MCDM) and presents the Sequential Interactive Modelling for Urban Systems (SIMUS) as a method to be used for strategic decision making. It emphasizes the necessity to take into account aspects related to real world scenarios and incorporating possible real life aspects for modelling. The book also highlights the use of sensitivity analysis and presents a method for using criteria marginal values instead of weights, which permits the drawing of curves that depicts the variations of the objective function due to variations of these marginal values. In this way it also gives quantitative values of the objective function allowing stakeholders to perform a comprehensive risk analysis for a solution when it is affected by exogenous variables. Strategic Approach in Multi-Criteria Decision Making: A Practical Guide for Complex Scenarios is divided into three parts. Part 1 is devoted to exploring the history and development of the discipline and the way it is currently used. It highlights drawbacks and problems that scholars have identified in different MCDM methods and techniques. Part 2 addresses best practices to assure quality MCDM process. Part 3 introduces the concept of Linear Programming and the proposed SIMUS method as techniques to deal with MCDM. It also includes case studies in order to help document and illustrate difficult concepts, especially related to demands from a scenario and also in their modelling. The decision making process can be a complex task, especially with multi-criteria problems. With large amounts of information, it can be an extremely difficult to make a rational decision, due to the number of intervening variables, their interrelationships, potential solutions that might exist, diverse objectives envisioned for a project, etc. The SIMUS method has been designed to offer a strategy to help organize, classify, and evaluate this information effectively.

Multiple Criteria Decision Analysis

Author : Valerie Belton,Theodor Stewart
Publisher : Springer Science & Business Media
Page : 381 pages
File Size : 54,8 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.

Multi-Criteria Decision Making

Author : Jitesh J. Thakkar
Publisher : Springer Nature
Page : 393 pages
File Size : 50,7 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

Author : M. Murat K”ksalan,Jyrki Wallenius,Stanley Zionts
Publisher : World Scientific
Page : 210 pages
File Size : 40,5 Mb
Release : 2011
Category : Business & Economics
ISBN : 9789814335584

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Multiple Criteria Decision Making by M. Murat K”ksalan,Jyrki Wallenius,Stanley Zionts Pdf

Multiple Criteria Decision Making (MCDM) is all about making choices in the presence of multiple conflicting criteria. MCDM has become one of the most important and fastest growing subfields of Operations Research/Management Science. As modern MCDM started to emerge about 50 years ago, it is now a good time to take stock of developments. This book aims to present an informal, nontechnical history of MCDM, supplemented with many pictures. It covers the major developments in MCDM, from early history until now. It also covers fascinating discoveries by Nobel Laureates and other prominent scholars.The book begins with the early history of MCDM, which covers the roots of MCDM through the 1960s. It proceeds to give a decade-by-decade account of major developments in the field starting from the 1970s until now. Written in a simple and accessible manner, this book will be of interest to students, academics, and professionals in the field of decision sciences.

Multiple Criteria Decision Making

Author : Milan Zeleny
Publisher : McGraw-Hill Companies
Page : 600 pages
File Size : 44,5 Mb
Release : 1982
Category : Decision-making
ISBN : UCAL:B4353601

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Multiple Criteria Decision Making by Milan Zeleny Pdf

Multiple Criteria Decision Making

Author : M. Murat Köksalan,Jyrki Wallenius,Stanley Zionts
Publisher : World Scientific
Page : 210 pages
File Size : 49,8 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

Advanced Studies in Multi-Criteria Decision Making

Author : Sarah Ben Amor,Adiel Teixeira de Almeida,Joao Luis de Miranda,Emel Aktas
Publisher : CRC Press
Page : 256 pages
File Size : 43,9 Mb
Release : 2019-12-11
Category : Business & Economics
ISBN : 9781351722117

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Advanced Studies in Multi-Criteria Decision Making by Sarah Ben Amor,Adiel Teixeira de Almeida,Joao Luis de Miranda,Emel Aktas Pdf

With contributions from some of the top academics and scientists in the field, Advanced Studies in Multi-Criteria Decision Making presents an updated view of the landscape of Decision Sciences, current research topics, the interaction with other sciences and fields, as well as the prospects and challenges at an international level. Given that Decision Sciences are recognized today as indispensable for confronting the major societal challenges in science and technology, this book would be of interest to decision-makers, managers, and researchers from academia, and industrial/services companies that would like a fresh insight into MCDM. Features Integrates a wide range of scientific fields with a general reader approach, including applied researchers from the social, business, enterprise sciences Suitable for academics and professionals Presents a broad coverage of MCDM tools either in industry or in services companies and systems Provides a fresh overview on MCDM studies promoted by prestigious R&D institutions

Handbook of Multicriteria Analysis

Author : Constantin Zopounidis,Panos M. Pardalos
Publisher : Springer Science & Business Media
Page : 472 pages
File Size : 43,9 Mb
Release : 2010-05-25
Category : Business & Economics
ISBN : 9783540928287

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Handbook of Multicriteria Analysis by Constantin Zopounidis,Panos M. Pardalos Pdf

Multicriteria analysis is a rapidly growing aspect of operations research and management science, with numerous practical applications in a wide range of fields. This book presents all the recent advances in multicriteria analysis, including multicriteria optimization, goal programming, outranking methods, and disaggregation techniques. The latest developments on robustness analysis, preference elicitation, and decision making when faced with incomplete information, are also discussed, together with applications in business performance evaluation, finance, and marketing. Finally, the interactions of multicriteria analysis with other disciplines are also explored, including among others data mining, artificial intelligence, and evolutionary methods.

Multiple Criteria Decision Analysis

Author : Valerie Belton,Theodor Stewart
Publisher : Springer Science & Business Media
Page : 396 pages
File Size : 53,8 Mb
Release : 2002
Category : Business & Economics
ISBN : 9780792375050

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Multiple Criteria Decision Analysis by Valerie Belton,Theodor Stewart Pdf

The field of multiple criteria decision analysis (MCDA) - also sometimes 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. Multiple Criteria Decision Analysis: An Integrated Approach provides a comprehensive yet widely accessible overview of the main streams of thought within MCDA. Two principal aims are: To provide sufficient awareness of the underlying philosophies and theories, understanding of the practical detail of the methods, and insight into practice to enable researchers, students and industry practitioners to implement MCDA methods in an informed manner; To develop an integrated view of MCDA, incorporating both integration of different schools of thought within MCDA and integration of MCDA with broader management theory, science and practice, thereby informing the development of theory and practice across these areas. It is felt that this two-fold emphasis gives a book which will be of value to the following three groups: Practicing decision analysts or graduate students in MCDA for whom this book should serve as a state-of-the-art review, especially as regards techniques outside of their own specialization; Operational researchers or graduate students in OR/MS who wish to extend their knowledge into the tools of MCDA; Managers or management students who need to understand what MCDA can offer them.

Multiple Criteria Decision Making

Author : Anand J. Kulkarni
Publisher : Springer Nature
Page : 264 pages
File Size : 55,5 Mb
Release : 2022-02-14
Category : Technology & Engineering
ISBN : 9789811674143

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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.

Multi-criteria Decision Analysis

Author : Alessio Ishizaka,Philippe Nemery
Publisher : John Wiley & Sons
Page : 260 pages
File Size : 42,9 Mb
Release : 2013-06-10
Category : Mathematics
ISBN : 9781118644911

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Multi-criteria Decision Analysis by Alessio Ishizaka,Philippe Nemery Pdf

This book presents an introduction to MCDA followed by more detailed chapters about each of the leading methods used in this field. Comparison of methods and software is also featured to enable readers to choose the most appropriate method needed in their research. Worked examples as well as the software featured in the book are available on an accompanying website.

Multi-criteria Decision Making Methods

Author : Evangelos Triantaphyllou
Publisher : Springer Science & Business Media
Page : 307 pages
File Size : 40,5 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.

Intelligent Strategies for Meta Multiple Criteria Decision Making

Author : Thomas Hanne
Publisher : Springer Science & Business Media
Page : 206 pages
File Size : 45,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461515951

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Intelligent Strategies for Meta Multiple Criteria Decision Making by Thomas Hanne Pdf

Multiple criteria decision-making research has developed rapidly and has become a main area of research for dealing with complex decision problems which require the consideration of multiple objectives or criteria. Over the past twenty years, numerous multiple criterion decision methods have been developed which are able to solve such problems. However, the selection of an appropriate method to solve a particular decision problem is today's problem for a decision support researcher and decision-maker. Intelligent Strategies for Meta Multiple Criteria Decision-Making deals centrally with the problem of the numerous MCDM methods that can be applied to a decision problem. The book refers to this as a `meta decision problem', and it is this problem that the book analyzes. The author provides two strategies to help the decision-makers select and design an appropriate approach to a complex decision problem. Either of these strategies can be designed into a decision support system itself. One strategy is to use machine learning to design an MCDM method. This is accomplished by applying intelligent techniques, namely neural networks as a structure for approximating functions and evolutionary algorithms as universal learning methods. The other strategy is based on solving the meta decision problem interactively by selecting or designing a method suitable to the specific problem, for example, the constructing of a method from building blocks. This strategy leads to a concept of MCDM networks. Examples of this approach for a decision support system explain the possibilities of applying the elaborated techniques and their mutual interplay. The techniques outlined in the book can be used by researchers, students, and industry practitioners to better model and select appropriate methods for solving complex, multi-objective decision problems.

Fuzzy Multi-Criteria Decision Making

Author : Cengiz Kahraman
Publisher : Springer Science & Business Media
Page : 591 pages
File Size : 49,5 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.