Multi-Criteria Decision Making for the Management of Complex Systems PDF Download
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Author: Voronin, Albert
Publisher: IGI Global
ISBN: 1522525106
Category : Business & Economics
Languages : en
Pages : 213
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Book Description
While there are many different models for performing system analysis, the multi-criteria decision making method has proven to be one of the most efficient. By analyzing the key concepts of this theory, the technique can be enhanced and will benefit future organizations and companies in novel ways. Multi-Criteria Decision Making for the Management of Complex Systems provides a comprehensive examination of the latest strategies and methods involved in decision theory. Featuring extensive coverage on relevant topics such as nested scalar convolutions, Pareto optimality, nonlinear schemes, and operator performance, this publication is ideally designed for engineers, students, professionals, academics, and researchers seeking innovative perspectives on the supervision of advanced decision making theories in system analysis.
Author: Voronin, Albert
Publisher: IGI Global
ISBN: 1522525106
Category : Business & Economics
Languages : en
Pages : 213
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Book Description
While there are many different models for performing system analysis, the multi-criteria decision making method has proven to be one of the most efficient. By analyzing the key concepts of this theory, the technique can be enhanced and will benefit future organizations and companies in novel ways. Multi-Criteria Decision Making for the Management of Complex Systems provides a comprehensive examination of the latest strategies and methods involved in decision theory. Featuring extensive coverage on relevant topics such as nested scalar convolutions, Pareto optimality, nonlinear schemes, and operator performance, this publication is ideally designed for engineers, students, professionals, academics, and researchers seeking innovative perspectives on the supervision of advanced decision making theories in system analysis.
Author: Nolberto Munier
Publisher:
ISBN: 9783030027278
Category : Decision making
Languages : en
Pages :
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Book Description
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.
Author: Y. Ilker Topcu
Publisher: Springer Nature
ISBN: 303052406X
Category : Business & Economics
Languages : en
Pages : 413
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Book Description
Data and its processed state 'information' have become an indispensable resource for virtually all aspects of business, education, etc. Consequently, decisions regarding the handling of this data, transforming it into meaningful information, and ultimately arriving at the best course of action have taken on a new importance. This book highlights a selection of cutting-edge research on decision making presented at the 25th International Conference on Multiple Criteria Decision Making (MCDM 2019), held in Istanbul, Turkey.
Author: Jingzheng Ren
Publisher: Springer Nature
ISBN: 3030454185
Category : Business & Economics
Languages : en
Pages : 110
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Book Description
This book focuses on operations management methods for analysing complex systems from a system engineering perspective. It presents various advanced multi-criteria decision analysis methods for investigating factors that influence complex systems. In turn, it shows how to improve systems’ performance, including their competitiveness, safety, and sustainability. The book also draws on examples of typical virtual systems such as tourism, aviation maintenance, and waste-to-wealth systems to illustrate the operations management methods discussed. Cases from day-to-day life are used to elicit heuristic questions on the operations management methods presented in each chapter. The book will help researchers, operations managers, and engineers alike to understand the latest advances in operations management methods for analysing complex systems from the standpoint of system engineering.
Author: Behl, Abhishek
Publisher: IGI Global
ISBN: 1799822184
Category : Business & Economics
Languages : en
Pages : 422
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Book Description
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.
Author: Jitesh J. Thakkar
Publisher: Springer Nature
ISBN: 9813347457
Category : Technology & Engineering
Languages : en
Pages : 393
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Book Description
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. ^
Author: Xin-She Yang
Publisher: Springer Nature
ISBN: 9819732999
Category :
Languages : en
Pages : 635
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Book Description
Author: Igor Linkov
Publisher: CRC Press
ISBN: 1439853185
Category : Business & Economics
Languages : en
Pages : 206
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Book Description
Environmental management is often complicated and multidisciplinary and the issues that arise can be difficult to solve analytically. Often, decision makers take ad hoc approaches, which may result in the ignoring of important stakeholder opinions or decision criteria. Multi-criteria decision analysis (MCDA) provides a framework by which these types of decisions can be made but, despite being used effectively in many fields, it is not often used in environmental management. Given the novelty and inherent applicability of this decision making framework to the environmental field, there is a need for more teaching tools for MCDA. In particular, there is a need for a case study based approach to help readers navigate the many MCDA methods and decide how to apply them to a specific case. Through a collection of case studies, Multi-Criteria Decision Analysis: Environmental Applications and Case Studies gives readers the tools to apply cutting-edge MCDA methods to their own environmental projects. It offers an overview of the types of MCDA available and a conceptual framework of how it is applied, with the focus on its applicability for environmental science. Taking an in-depth look at the case of sediment management, the book introduces different steps of MCDA processes—from problem formulation and model development to criteria weighing and alternative scoring. The authors then explore the case using various MCDA methods, which allows readers to see clearly how the methodologies differ and gain a better understanding of the mechanistic operation of the analysis. A series of case studies in nanotechnology collectively demonstrate the application of MCDA in situations of high variability and uncertainty that require the integration of technical information and expert judgment—an area where MCDA clearly shines. The authors describe multiple decisions—from risk classification to value of information analysis to the assessment of potential research and funding investments—that readers may face in dealing with emerging environmental threats. Demonstrating the broad applicability of MCDA methods for different types of cases, the book presents a series of case studies ranging from oyster restoration to oil spill response. In conjunction with these cases, the book also provides corresponding decision models that are implemented by the DECERNS software and allow users to examine the same case using multiple MCDA tools. The DECERNS software and models are available for download at www.crcpress.com. Intended both as a research and teaching tool, this book inspires creative thinking when applying MCDA to complicated environmental issues.
Author: Ignacy Kaliszewski
Publisher: Springer Science & Business Media
ISBN: 0387301771
Category : Business & Economics
Languages : en
Pages : 183
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Book Description
This book concentrates on providing technical tools to make the user of Multiple Criteria Decision Making (MCDM) methodologies independent of bulky optimization computations. These bulky computations have been a necessary, but limiting, characteristic of interactive MCDM methodologies and algorithms. The book removes these limitations of MCDM problems by reducing a problem's computational complexity. The result is a wider and more functional general framework for presenting, teaching, implementing and applying a wide range of MCDM methodologies.
Author: Ilker Ozsahin
Publisher: Academic Press
ISBN: 0128240873
Category : Computers
Languages : en
Pages : 334
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Book Description
Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering contains several practical applications on how decision-making theory could be used in solving problems relating to the selection of best alternatives. The book focuses on assisting decision-makers (government, organizations, companies, general public, etc.) in making the best and most appropriate decision when confronted with multiple alternatives. The purpose of the analytical MCDM techniques is to support decision makers under uncertainty and conflicting criteria while making logical decisions. The knowledge of the alternatives of the real-life problems, properties of their parameters, and the priority given to the parameters have a great effect on consequences in decision-making. In this book, the application of MCDM has been provided for the real-life problems in health and biomedical engineering issues. - Provides a comprehensive analysis and application multi-criteria decision-making methods - Presents detail information about MCDM and their usage - Covers state-of-the-art MCDM methods and offers applications of MCDM for health and biomedical engineering purposes
