Multicriterion Analysis in Engineering and Management

Multicriterion Analysis in Engineering and Management PDF Author: D. Nagesh Kumar
Publisher: PHI Learning Pvt. Ltd.
ISBN: 8120339762
Category : Technology & Engineering
Languages : en
Pages : 279

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Book Description
This book concentrates on the basic principles of multicriterion analysis and acquaints the reader with the recent trends in MCDM analysis. It explains the basics of Structured Decision-Making (SDM) and describes the various features of traditional optimization methods such as linear and non-linear programming, and dynamic programming, as well as non-traditional optimization methods such as genetic algorithms, differential evolution, and simulated annealing and quenching. The text elaborates the normalization methods, weight estimation methods and multiobjective optimization methods both in traditional and non-traditional environments. Classification approaches with cluster validation indices, discrete MCDM methods both in deterministic and fuzzy approach and group decision-making methods are discussed in detail. Advanced topics in decision-making such as data envelopment analysis, Taguchi methodology, ant colony optimization, and particle swarm optimization are also covered. In addition, the book includes many case studies for better comprehension of the procedures involved in the methods.

Multicriterion Decision in Management

Multicriterion Decision in Management PDF Author: Jean-Charles Pomerol
Publisher: Springer Science & Business Media
ISBN: 1461544599
Category : Business & Economics
Languages : en
Pages : 405

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Book Description
Multicriterion Decision in Management: Principles and Practice is the first multicriterion analysis book devoted exclusively to discrete multicriterion decision making. Typically, multicriterion analysis is used in two distinct frameworks: Firstly, there is multiple criteria linear programming, which is an extension of the results of linear programming and its associated algorithms. Secondly, there is discrete multicriterion decision making, which is concerned with choices among a finite number of possible alternatives such as projects, investments, decisions, etc. This is the focus of this book. The book concentrates on the basic principles in the domain of discrete multicriterion analysis, and examines each of these principles in terms of their properties and their implications. In multicriterion decision analysis, any optimum in the strict sense of the term does not exist. Rather, multicriterion decision making utilizes tools, methods, and thinking to examine several solutions, each having their advantages and disadvantages, depending on one's point of view. Actually, various methods exist for reaching a good choice in a multicriterion setting and even a complete ranking of the alternatives. The book describes and compares these methods, so-called `aggregation methods', with their advantages and their shortcomings. Clearly, organizations are becoming more complex, and it is becoming harder and harder to disregard complexity of points of view, motivations, and objectives. The day of the single objective (profit, social environment, etc. ) is over and the wishes of all those involved in all their diversity must be taken into account. To do this, a basic knowledge of multicriterion decision analysis is necessary. The objective of this book is to supply that knowledge and enable it to be applied. The book is intended for use by practitioners (managers, consultants), researchers, and students in engineering and business.

Application of Multi-Criteria Decision Analysis in Environmental and Civil Engineering

Application of Multi-Criteria Decision Analysis in Environmental and Civil Engineering PDF Author: Dilber Uzun Ozsahin
Publisher: Springer Nature
ISBN: 303064765X
Category : Technology & Engineering
Languages : en
Pages : 206

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Book Description
The use of a multi-criteria, decision-making theory was first studied in the 1970s. Its application in civil and environmental engineering is a new approach which can be enormously helpful for manufacturing companies, students, managers, engineers, etc. The purpose of this book is to provide a resource for students and researchers that includes current application of a multi-criteria, decision-making theory in various fields such as: environment, healthcare and engineering. In addition, practical application are shown for students manually. In real life problems there are many critical parameters (criteria) that can directly or indirectly affect the consequences of different decisions. Application of a multi-criteria, decision-making theory is basically the use of computational methods that incorporate several criteria and order of preference in evaluating and selecting the best option among many alternatives based on the desired outcome.

Multi-Criteria Decision Analysis for Risk Assessment and Management

Multi-Criteria Decision Analysis for Risk Assessment and Management PDF Author: Jingzheng Ren
Publisher: Springer
ISBN: 9783030781545
Category : Science
Languages : en
Pages : 0

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Book Description
This book provides in-depth guidance on how to use multi-criteria decision analysis methods for risk assessment and risk management. The frontiers of engineering operations management methods for identifying the risks, investigating their roles, analyzing the complex cause-effect relationships, and proposing countermeasures for risk mitigation are presented in this book. There is a total of ten chapters, mainly including the indicators and organizational models for risk assessment, the integrated Bayesian Best-Worst method and classifiable TOPSIS model for risk assessment, new risk prioritization model, fuzzy risk assessment under uncertainties, assessment of COVID-19 transmission risk based on fuzzy inference system, risk assessment and mitigation based on simulation output analysis, energy supply risk analysis, risk assessment and management in cash-in-transit vehicle routing problems, and sustainability risks of resource-exhausted cities. The most significant feature of this book is that it provides various systematic multi-criteria decision analysis methods for risk assessment and management, and illustrates the application of these methods in different fields. This book is beneficial to policymakers, decision-makers, experts, researchers and students related to risk assessment and management.

Multicriteria Analysis

Multicriteria Analysis PDF Author: Mahdi Zarghami
Publisher: Springer Science & Business Media
ISBN: 3642179371
Category : Business & Economics
Languages : en
Pages : 167

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Book Description
Multicriteria analysis is one of the most important fields of decision science. This book gives an outline of the formulation of an appropriate model and presents a comprehensive summary of the most popular methods for solving multicriteria decision problems. In addition to the classical approach the book introduces fuzzy and stochastic methodology, models with uncertainty, social choice and conflict resolution. All methods are illustrated with easy to follow simple examples. At the end of each chapter detailed case studies are given in water and environment management including inter-basin water transfer, urban water management, water allocation, groundwater quality management, forest treatment, ranking water resources projects, reservoir planning, water distribution network design and long-term watershed management. The new methodology and the wide variety of case studies are not easily accessible elsewhere.

Multi-criteria Decision Analysis

Multi-criteria Decision Analysis PDF Author: Alessio Ishizaka
Publisher: John Wiley & Sons
ISBN: 1118644913
Category : Mathematics
Languages : en
Pages : 260

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Book Description
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.

Handbook of Multicriteria Analysis

Handbook of Multicriteria Analysis PDF Author: Constantin Zopounidis
Publisher: Springer Science & Business Media
ISBN: 3540928286
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
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.

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

Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management PDF Author: Noorul Hassan Zardari
Publisher: Springer
ISBN: 3319125869
Category : Science
Languages : en
Pages : 173

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Book Description
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.

Multi-Criteria Decision Making

Multi-Criteria Decision Making PDF 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. ^

Multicriteria Analysis and LCA Techniques

Multicriteria Analysis and LCA Techniques PDF Author: Lucia Recchia
Publisher: Springer Science & Business Media
ISBN: 085729704X
Category : Technology & Engineering
Languages : en
Pages : 162

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Book Description
Multicriteria Analysis and LCA Techniques introduces the reader to the basic principles of multicriteria analysis (MCA) and life cycle assessment (LCA) techniques. The use of these tools is rapidly becoming essential in any feasibility study for comparing different solutions, selecting the most suitable ones, and for analyzing the interface of economy and environment. The main feature of Multicriteria Analysis and LCA Techniques is the application of a new approach to the analysis of energy balance and environmental impact of agro-industrial production chains. It gives detailed descriptions of a number of food and non-food agro-industrial applications of MCA and LCA, thereby providing the reader with practical examples of the implementation of these tools in the field of agro-industry. Multicriteria Analysis and LCA Techniques represents a subsidiary reference book for both undergraduate and graduate students, and can also be used for basic or applied academic research.