Real Life Applications of Multiple Criteria Decision Making Techniques in Fuzzy Domain

Real Life Applications of Multiple Criteria Decision Making Techniques in Fuzzy Domain PDF Author: Laxminarayan Sahoo
Publisher: Springer Nature
ISBN: 9811949298
Category : Technology & Engineering
Languages : en
Pages : 651

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Book Description
This edited book discusses creative and recent developments of fuzzy systems and its real-life applications of multiple criteria decision making. Keeping on the existing fuzzy sets and recent developed fuzzy sets, viz., intuitionistic fuzzy, Pythagorean fuzzy, Fermatean fuzzy, Hesitant fuzzy and multiple criteria decision approaches, this book is committed to probing the soft computing techniques and fuzzy multiple criteria decision making in favour of fuzzy intelligent system and business analytics. It also addresses novel development of fuzzy set theory as well as real-life applications of fuzzy systems. It presents challenging and useful real-world applications based on problems of decision making in various fields. The modelling and solution procedures of such real-world problems will be provided concisely although all topics start with a more developed resolution. The contributory chapters will be based on the vast research experiences of the authors in real-world decision-making problems. This book provides readers with a valuable conspectus of several decision-making problems as a reference for researchers and industrial practitioners in this field. This book will broadly cover recent development of fuzzy systems and its applications of multiple criteria decision making in the areas of management and production, manufacturing management, selections problems, group decision making, transportation and logistics, inventory control systems and interval technique/fuzzy technique (uncertainty) of the above mentioned areas.

Real Life Applications of Multiple Criteria Decision Making Techniques in Fuzzy Domain

Real Life Applications of Multiple Criteria Decision Making Techniques in Fuzzy Domain PDF Author: Laxminarayan Sahoo
Publisher: Springer Nature
ISBN: 9811949298
Category : Technology & Engineering
Languages : en
Pages : 651

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Book Description
This edited book discusses creative and recent developments of fuzzy systems and its real-life applications of multiple criteria decision making. Keeping on the existing fuzzy sets and recent developed fuzzy sets, viz., intuitionistic fuzzy, Pythagorean fuzzy, Fermatean fuzzy, Hesitant fuzzy and multiple criteria decision approaches, this book is committed to probing the soft computing techniques and fuzzy multiple criteria decision making in favour of fuzzy intelligent system and business analytics. It also addresses novel development of fuzzy set theory as well as real-life applications of fuzzy systems. It presents challenging and useful real-world applications based on problems of decision making in various fields. The modelling and solution procedures of such real-world problems will be provided concisely although all topics start with a more developed resolution. The contributory chapters will be based on the vast research experiences of the authors in real-world decision-making problems. This book provides readers with a valuable conspectus of several decision-making problems as a reference for researchers and industrial practitioners in this field. This book will broadly cover recent development of fuzzy systems and its applications of multiple criteria decision making in the areas of management and production, manufacturing management, selections problems, group decision making, transportation and logistics, inventory control systems and interval technique/fuzzy technique (uncertainty) of the above mentioned areas.

New Concepts and Trends of Hybrid Multiple Criteria Decision Making

New Concepts and Trends of Hybrid Multiple Criteria Decision Making PDF Author: Gwo-Hshiung Tzeng
Publisher: CRC Press
ISBN: 1351680625
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
When people or computers need to make a decision, typically multiple conflicting criteria need to be evaluated; for example, when we buy a car, we need to consider safety, cost and comfort. Multiple criteria decision making (MCDM) has been researched for decades. Now as the rising trend of big-data analytics in supporting decision making, MCDM can be more powerful when combined with state-of-the-art analytics and machine learning. In this book, the authors introduce a new framework of MCDM, which can lead to more accurate decision making. Several real-world cases will be included to illustrate the new hybrid approaches.

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. ^

Fuzzy Multi-Criteria Decision Making

Fuzzy Multi-Criteria Decision Making PDF Author: Cengiz Kahraman
Publisher: Springer Science & Business Media
ISBN: 0387768130
Category : Computers
Languages : en
Pages : 591

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Book Description
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.

Decision Making with the Analytic Network Process

Decision Making with the Analytic Network Process PDF Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 1461472792
Category : Business & Economics
Languages : en
Pages : 333

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Book Description
The Analytic Network Process (ANP), developed by Thomas Saaty in his work on multicriteria decision making, applies network structures with dependence and feedback to complex decision making. This new edition of Decision Making with the Analytic Network Process is a selection of the latest applications of ANP to economic, social and political decisions, and also to technological design. The ANP is a methodological tool that is helpful to organize knowledge and thinking, elicit judgments registered in both in memory and in feelings, quantify the judgments and derive priorities from them, and finally synthesize these diverse priorities into a single mathematically and logically justifiable overall outcome. In the process of deriving this outcome, the ANP also allows for the representation and synthesis of diverse opinions in the midst of discussion and debate. The book focuses on the application of the ANP in three different areas: economics, the social sciences and the linking of measurement with human values. Economists can use the ANP for an alternate approach for dealing with economic problems than the usual mathematical models on which economics bases its quantitative thinking. For psychologists, sociologists and political scientists, the ANP offers the methodology they have sought for some time to quantify and derive measurements for intangibles. Finally the book applies the ANP to provide people in the physical and engineering sciences with a quantitative method to link hard measurement to human values. In such a process, one is able to interpret the true meaning of measurements made on a uniform scale using a unit.

Strategic Fuzzy Extensions and Decision-making Techniques

Strategic Fuzzy Extensions and Decision-making Techniques PDF Author: Kamal Kumar
Publisher: CRC Press
ISBN: 1040088694
Category : Technology & Engineering
Languages : en
Pages : 177

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Book Description
The application of a novel correlation coefficient of linguistic intuitionistic fuzzy sets to medical diagnosis problems provides the topic for Strategic Fuzzy Extensions and Decision-making Techniques. It further explains neutrosophic cubic set-based aggregation operators for library ranking systems, and techniques for order performance by similarity to ideal solution. The text also introduces the new aggregation operators, similarity measures, and distance measures for the fuzzy sets and their extensions. This book: Introduces the new aggregation operators, similarity measures, and distance measures for the fuzzy sets and their extensions. Covers recent studies in the field of fuzzy optimization and decision making such as advanced decision-making algorithms. Highlights the application in the field of image processing and pattern recognition. Presents a technique for order performance by similarity to an ideal solution and VIKOR method for decision-making. Explores the limitations of existing fuzzy decision-making approaches such as the malfunctioning of existing formulations. It is primarily written for senior undergraduate, graduate students, and academic researchers in fields including industrial engineering, manufacturing engineering, production engineering, mechanical engineering, and engineering mathematics.

Multiple Criteria Decision Analysis

Multiple Criteria Decision Analysis PDF Author: Valerie Belton
Publisher: Springer Science & Business Media
ISBN: 1461514959
Category : Business & Economics
Languages : en
Pages : 381

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Book Description
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.

Multiple Criteria Decision Making

Multiple Criteria Decision Making PDF Author: M. Murat KĀ”ksalan
Publisher: World Scientific
ISBN: 9814335584
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
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.

Decision Making with Spherical Fuzzy Sets

Decision Making with Spherical Fuzzy Sets PDF Author: Cengiz Kahraman
Publisher: Springer Nature
ISBN: 3030454614
Category : Technology & Engineering
Languages : en
Pages : 551

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Book Description
This book introduces readers to the novel concept of spherical fuzzy sets, showing how these sets can be applied in practice to solve various decision-making problems. It also demonstrates that these sets provide a larger preference volume in 3D space for decision-makers. Written by authoritative researchers, the various chapters cover a large amount of theoretical and practical information, allowing readers to gain an extensive understanding of both the fundamentals and applications of spherical fuzzy sets in intelligent decision-making and mathematical programming.

Handbook of Research on Transdisciplinary Knowledge Generation

Handbook of Research on Transdisciplinary Knowledge Generation PDF Author: Wang, Victor X.
Publisher: IGI Global
ISBN: 1522595325
Category : Reference
Languages : en
Pages : 504

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Book Description
Traditional methods of viewing the world through the scientific method or instrumental knowledge do not adequately serve the needs of theory, research, and practice within an increasingly complex world. Through transdisciplinary theory, the focus is on a new form of learning and problem solving involving cooperation among different parts of society to meet the complex challenges of society. The Handbook of Research on Transdisciplinary Knowledge Generation is a critical scholarly resource that examines mutual learning across disciplinary lines as a strategy by which to understand the world and apply practical knowledge. Featuring a wide array of topics such as linguistic diversity, medical education, and social constructivism, this book is essential for educational professionals, researchers, students, administrators, and academicians.