Decision Making in the Manufacturing Environment

Decision Making in the Manufacturing Environment PDF Author: Ravipudi Venkata Rao
Publisher: Springer Science & Business Media
ISBN: 1846288193
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
This book shows how graph theory and matrix approach, and fuzzy multiple attribute decision making methods can be used in manufacturing. It proposes a methodology that will make decision making in the manufacturing environment structured and systematic. The book uses case studies to present the applications of decision making methods in real manufacturing situations.

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

Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods PDF Author: R. Venkata Rao
Publisher: Springer Science & Business Media
ISBN: 1447143752
Category : Technology & Engineering
Languages : en
Pages : 297

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Book Description
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.

Decision Making in the Manufacturing Environment

Decision Making in the Manufacturing Environment PDF Author: Ravipudi Venkata Rao
Publisher: Springer Science & Business Media
ISBN: 1846288193
Category : Business & Economics
Languages : en
Pages : 369

Get Book Here

Book Description
This book shows how graph theory and matrix approach, and fuzzy multiple attribute decision making methods can be used in manufacturing. It proposes a methodology that will make decision making in the manufacturing environment structured and systematic. The book uses case studies to present the applications of decision making methods in real manufacturing situations.

Decision Making for the Environment

Decision Making for the Environment PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309095409
Category : Science
Languages : en
Pages : 297

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Book Description
With the growing number, complexity, and importance of environmental problems come demands to include a full range of intellectual disciplines and scholarly traditions to help define and eventually manage such problems more effectively. Decision Making for the Environment: Social and Behavioral Science Research Priorities is the result of a 2-year effort by 12 social and behavioral scientists, scholars, and practitioners. The report sets research priorities for the social and behavioral sciences as they relate to several different kinds of environmental problems.

Decision-Making Models and Applications in Manufacturing Environments

Decision-Making Models and Applications in Manufacturing Environments PDF Author: Pushpdant Jain
Publisher: CRC Press
ISBN: 1000882543
Category : Technology & Engineering
Languages : en
Pages : 529

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Book Description
Multi-criteria decision-making (MCDM) has gained vast popularity for its ability to help make decisions in the presence of various similar and conflicting choices.This new volume applies the MCDM theory to solving problems and challenges in manufacturing environments. It discusses using MCDM computational methods to evaluate and select the most optimal solution or method for real-world, real-time manufacutring engineering issues. It details the decision-making process in relation materials selection; identification, assessment, and evaluation of risk; sustainability assessment; selection of green suppliers; and more. The chapter authors demonstrate the application of myriad MCDM techniques in decision-making, including MADM (multiple attribute decision-making), DEA (data envelopment analysis), fuzzy TOPSIS (technique for order preference by similarities to ideal solution), fuzzy-VIKOR (multicriteria optimization and compromise solution); MOORA (multi-objective optimization on the basis of ratio analysis), EWM (entropy weight method), (AHP) analytic hierarchy process, TODIM (TOmada de Decisao Interativa Multicriterio), and others. The volume illustrates these MCDM models in several industries and industrial processes, including for experimental analysis and optimization of drilling of glass fiber reinforced plastic, in the textile industries, for selection of refrigerants for domestic applications, and others.

Design and Optimization of Mechanical Engineering Products

Design and Optimization of Mechanical Engineering Products PDF Author: Kumar, K.
Publisher: IGI Global
ISBN: 1522534024
Category : Technology & Engineering
Languages : en
Pages : 365

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Book Description
The success of any product sold to consumers is based, largely, on the longevity of the product. This concept can be extended by various methods of improvement including optimizing the initial creation structures which can lead to a more desired product and extend the product's time on the market. Design and Optimization of Mechanical Engineering Products is an essential research source that explores the structure and processes used in creating goods and the methods by which these goods are improved in order to continue competitiveness in the consumer market. Featuring coverage on a broad range of topics including modeling and simulation, new product development, and multi-criteria decision making, this publication is targeted toward students, practitioners, researchers, engineers, and academicians.

Service Oriented, Holonic and Multi-agent Manufacturing Systems for Industry of the Future

Service Oriented, Holonic and Multi-agent Manufacturing Systems for Industry of the Future PDF Author: Theodor Borangiu
Publisher: Springer
ISBN: 3030274772
Category : Technology & Engineering
Languages : en
Pages : 444

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Book Description
This proceedings book presents selected peer-reviewed papers from the 9th International Workshop on ‘Service Oriented, Holonic and Multi-agent Manufacturing Systems for the Industry of the Future’ organized by Universitat Politècnica de València, Spain, and held on October 3–4, 2019. The SOHOMA 2019 Workshop aimed to foster innovation in the digital transformation of manufacturing and logistics by promoting new concepts and methods and solutions through service orientation in holonic and agent-based control with distributed intelligence. The book provides insights into the theme of the SOHOMA’19 Workshop – ‘Smart anything everywhere – the vertical and horizontal manufacturing integration, ’ addressing ‘Industry of the Future’ (IoF), a term used to describe the 4th industrial revolution initiated by a new generation of adaptive, fully connected, analytical and highly efficient robotized manufacturing systems. This global IoF model describes a new stage of manufacturing, that is fully automatized and uses advanced information, communication and control technologies such as industrial IoT, cyber-physical production systems, cloud manufacturing, resource virtualization, product intelligence, and digital twin, edge and fog computing. It presents the IoF interconnection of distributed manufacturing entities using a ‘system-of-systems’ approach, discussing new types of highly interconnected and self-organizing production resources in the entire value chain; and new types of intelligent decision-making support based on from real-time production data collected from resources, products and machine learning processing. This book is intended for researchers and engineers working in the manufacturing value chain, and specialists developing computer-based control and robotics solutions for the ‘Industry of the Future’. It is also a valuable resource for master’s and Ph.D. students in engineering sciences programs.

Decision Making and Business Performance

Decision Making and Business Performance PDF Author: Eric J. Bolland
Publisher: Edward Elgar Publishing
ISBN: 1786430169
Category : Business enterprises
Languages : en
Pages : 311

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Book Description
This breakthrough study examines how business decisions explain successful and unsuccessful performance. Real world and academic research is evaluated, including interviews and cases studies, to create a model of how decisions and performance are connected for businesses of all sizes. Recommendations are made to optimize decision making and projections about the future of decision making and performance are provided.

Multi-Criteria Decision-Making Methods in Manufacturing Environments

Multi-Criteria Decision-Making Methods in Manufacturing Environments PDF Author: Shankar Chakraborty
Publisher: CRC Press
ISBN: 1000851362
Category : Technology & Engineering
Languages : en
Pages : 450

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Book Description
This book introduces the step-by-step processes involved in using MCDM methods, starting from problem formulation, model development, and criteria weighting to the final ranking of the alternatives. The authors explain the different MCDM methods that can be used in specific manufacturing environments. The book explains the conceptual frameworks of how these methods are applied with special focus on their applicability and usefulness. The authors begin with an introduction to multi-criteria decision-making, followed by explanations of 29 MCDM methods and their applications. The final sections of the book describe helpful normalization techniques and criteria weight measurement techniques. The collection of diverse range of manufacturing applications and case studies presented here will aid readers in applying cutting-edge MCDM methods to their own manufacturing projects. As both a research and teaching tool, this book encourages critical and logical thinking when applying MCDM methods for solving complex manufacturing decision-making problems.

Principles of Accounting Volume 2 - Managerial Accounting

Principles of Accounting Volume 2 - Managerial Accounting PDF Author: Mitchell Franklin
Publisher:
ISBN: 9781680922943
Category :
Languages : en
Pages : 746

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Book Description
A less-expensive grayscale paperback version is available. Search for ISBN 9781680922936. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

Intelligent Decision-making Models for Production and Retail Operations

Intelligent Decision-making Models for Production and Retail Operations PDF Author: Zhaoxia Guo
Publisher: Springer
ISBN: 3662526816
Category : Technology & Engineering
Languages : en
Pages : 330

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Book Description
This book provides an overview of intelligent decision-making techniques and discusses their application in production and retail operations. Manufacturing and retail enterprises have stringent standards for using advanced and reliable techniques to improve decision-making processes, since these processes have significant effects on the performance of relevant operations and the entire supply chain. In recent years, researchers have been increasingly focusing attention on using intelligent techniques to solve various decision-making problems. The opening chapters provide an introduction to several commonly used intelligent techniques, such as genetic algorithm, harmony search, neural network and extreme learning machine. The book then explores the use of these techniques for handling various production and retail decision-making problems, such as production planning and scheduling, assembly line balancing, and sales forecasting.