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.

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

Get Book Here

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.

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.

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.

Decision Making in Service Industries

Decision Making in Service Industries PDF Author: Javier Faulin
Publisher: CRC Press
ISBN: 1439867348
Category : Business & Economics
Languages : en
Pages : 469

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Book Description
In real-life scenarios, service management involves complex decision-making processes usually affected by random or stochastic variables. Under such uncertain conditions, the development and use of robust and flexible strategies, algorithms, and methods can provide the quantitative information necessary to make better business decisions. Decision Making in Service Industries: A Practical Approach explores the challenges that must be faced to provide intelligent strategies for efficient management and decision making that will increase your organization’s competitiveness and profitability. The book provides insight and understanding into practical and methodological issues related to decision-making processes under uncertainty in service industries. It examines current and future trends regarding how these decision-making processes can be efficiently performed for better design of service systems by using probabilistic algorithms as well as hybrid and simulation-based approaches. Traditionally, many quantitative tools have been developed to make decisions in production companies. This book explores how to use these tools for making decisions inside service industries. Thus, the authors tackle strategic, tactical, and operational problems in service companies with the help of suitable quantitative models such as heuristic and metaheuristic algorithms, simulation, or queuing theory. Generally speaking, decision making is a hard task in business fields. Making the issue more complex, most service companies’ problems are related to the uncertainty of the service demand. This book sheds light on these types of decision problems. It provides studies that demonstrate the suitability of quantitative methods to make the right decisions. Consequently, this book presents the business analytics needed to make strategic decisions in service industries.

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.

Financial, Economic, Educational, and Technological Determinants of Environmental Sustainability

Financial, Economic, Educational, and Technological Determinants of Environmental Sustainability PDF Author: Funda H. Sezgin
Publisher: Cambridge Scholars Publishing
ISBN: 1036413144
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
This book is about financial, economic, educational, and technological determinants of environmental sustainability from a global perspective. This book analyzes different financial, economic, educational, and technological indicators on environment and sustainable development in sample of different country groups, and discusses the findings based on the related theoretical and empirical literature. The results of bibliometric analyses in the book uncover that environment sustainability has become one of the most studied issues in the literature during the past four decades. Furthermore, the results of the empirical studies also verify that financial, economic, educational, and technological factors have been significant drivers of environmental sustainability and sustainable development. Therefore, the results and recommendations made in this book will be useful for both researchers and policy-makers to arrange the policies towards making progress in environmental sustainability and overall sustainable development.

Decision Making in Social Sciences: Between Traditions and Innovations

Decision Making in Social Sciences: Between Traditions and Innovations PDF Author: Daniel Flaut
Publisher: Springer Nature
ISBN: 3030306593
Category : Technology & Engineering
Languages : en
Pages : 535

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Book Description
This book explores several branches of the social sciences and their perspectives regarding their relations with decision-making processes: computer science, education, linguistics, sociology, and management. The decision-making process in social contexts is based on the analysis of sound alternatives using evaluative criteria. Therefore, this process is one that can be rational or irrational, and can be based on knowledge and/or beliefs. A decision-making process always produces a final decision, which may or may not imply prompt action, and increases the chances of choosing the best possible alternative. The book is divided into four main parts. The concepts covered in the first part, on computer science, explore how the rise of algorithms and the growth in computing power over the years can influence decision-making processes. In the second part, some traditional and innovative ideas and methods used in education are presented: compulsory schooling, inclusive schools, higher education, etc. In turn, the third part focuses on linguistics aspects, and examines how progress is manifested in language. The fourth part, on sociology, explores how society can be influenced by social norms, human interactions, culture, and religion. Management, regarded as a science of the decision-making process, is explored in the last part of this book. Selected organizations’ strategies, objectives and resources are presented, e.g., human resources, financial resources, and technological resources. The book gathers and presents, in a concise format, a broad range of aspects regarding the decision-making process in social contexts, making it a valuable and unique resource for the scientific community.

Computer Applications in Production and Engineering

Computer Applications in Production and Engineering PDF Author: Frank Plonka
Publisher: Springer
ISBN: 0387352910
Category : Business & Economics
Languages : en
Pages : 750

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Book Description
In the latter half of the 20th century, forces have conspired to make the human community, at last, global. The easing of tensions between major nations, the expansion of trade to worldwide markets, widespread travel and cultural exchange, pervasive high-speed communications and automation, the explosion of knowledge, the streamlining of business, and the adoption of flexible methods have changed the face of manufacturing itself, and of research and education in manufacturing. The acceptance of the continuous improvement process as a means for organizations to respond quickly and effectively to swings in the global market has led to the demand for individuals educated in a broad range of cultural, organizational, and technical fields and capable of absorbing and adapting required knowledge and training throughout their careers. No longer will manufacturing research and education focus on an industrial sector or follow a national trend, but rather will aim at enabling international teams of companies to cooperate in rapidly designing, prototyping, and manufacturing products. The successful enterprise of the 21st century will be characterized by an organizational structure that efficiently responds to customer demands and changing global circumstances, a corporate culture that empowers employees at all levels and encourages constant communication among related groups, and a technological infrastructure that fully supports process improvement and integration. In changing itself to keep abreast of the broader transformation in manufacturing, the enterprise must look first at its organization and culture, and thereafter at supporting technologies.

Modeling, Analysis, and Control of Smart Energy Systems

Modeling, Analysis, and Control of Smart Energy Systems PDF Author: Naoui, Mohamed
Publisher: IGI Global
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 357

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Book Description
The increasing demand for cleaner and more intelligent energy solutions poses a challenge that resonates across academic, engineering, and policymaking spheres. The complexity of integrating renewable energy sources, energy storage solutions, and advanced communication technologies demands a comprehensive understanding, rigorous analysis, and innovative control strategies. The academic community, in particular, seeks a guiding light through this intricate maze of evolving energy dynamics. Modeling, Analysis, and Control of Smart Energy Systems is a groundbreaking publication that offers more than theoretical exploration; it is a roadmap equipped with the knowledge and tools required to shape the future of energy systems. From laying conceptual foundations to unraveling real-world case studies, the book seamlessly bridges the gap between theory and application. Its comprehensive coverage of mathematical modeling, dynamic system analysis, intelligent control strategies, and the integration of renewable energy sources positions it as an authoritative reference for researchers, engineers, and policymakers alike.

Decision Making in Action

Decision Making in Action PDF Author: Gary A. Klein
Publisher: Ablex Publishing Corporation
ISBN: 9780893919436
Category : Psychology
Languages : en
Pages : 480

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Book Description
This book describes the new perspective of naturalistic decision making. The point of departure is how people make decisions in complex, time-pressured, ambiguous, and changing environments. The purpose of this book is to present and elaborate on past models developed to explain this type of decision making. The central philosophy of the book is that classical decision theory has been unproductive since it is so heavily grounded in economics and mathematics. The contributors believe there is little to be learned from laboratory studies about how people actually handle difficult and interesting tasks; therefore, the book presents a critique of classical decision theory. The models of naturalistic decision making described by the contributors were derived to explain the behavior of firefighters, business people, jurors, nuclear power plant operators, and command-and-control officers. The models are unique in that they address the way people use experience to frame situations and adopt courses of action. The models explain the strengths of skilled decision makers. Naturalistic decision research requires the examination of field settings, and a section of the book covers methods for conducting meaningful research outside the laboratory. In addition, since his approach has applied value, the book covers issues of training and decision support systems.