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Author: Gang Kou
Publisher: Springer Science & Business Media
ISBN: 3642292135
Category : Business & Economics
Languages : en
Pages : 142
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Book Description
The positive reciprocal pairwise comparison matrix (PCM) is one of the key components which is used to quantify the qualitative and/or intangible attributes into measurable quantities. This book examines six understudied issues of PCM, i.e. consistency test, inconsistent data identification and adjustment, data collection, missing or uncertain data estimation, and sensitivity analysis of rank reversal. The maximum eigenvalue threshold method is proposed as the new consistency index for the AHP/ANP. An induced bias matrix model (IBMM) is proposed to identify and adjust the inconsistent data, and estimate the missing or uncertain data. Two applications of IBMM including risk assessment and decision analysis, task scheduling and resource allocation in cloud computing environment, are introduced to illustrate the proposed IBMM.
Author: Gang Kou
Publisher: Springer Science & Business Media
ISBN: 3642292135
Category : Business & Economics
Languages : en
Pages : 142
Get Book Here
Book Description
The positive reciprocal pairwise comparison matrix (PCM) is one of the key components which is used to quantify the qualitative and/or intangible attributes into measurable quantities. This book examines six understudied issues of PCM, i.e. consistency test, inconsistent data identification and adjustment, data collection, missing or uncertain data estimation, and sensitivity analysis of rank reversal. The maximum eigenvalue threshold method is proposed as the new consistency index for the AHP/ANP. An induced bias matrix model (IBMM) is proposed to identify and adjust the inconsistent data, and estimate the missing or uncertain data. Two applications of IBMM including risk assessment and decision analysis, task scheduling and resource allocation in cloud computing environment, are introduced to illustrate the proposed IBMM.
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.
Author: Thomas L. Saaty
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 400
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Book Description
This book shows how to make decisions when alternatives depend on criteria, but also the criteria depend on the alternatives. It shows how to cope with dependence between different groups of people, goals and criteria. The Analytic Network Process is particularly useful to project the future of a group or company considering all the influences and risks: economic, social, political, technological, environmental, and others. Accompanying ANP software is under development.
Author: Nolberto Munier
Publisher: Springer Nature
ISBN: 303060392X
Category : Business & Economics
Languages : en
Pages : 143
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Book Description
This book examines the Analytical Hierarchy Process (AHP) method, its varied uses, as well as its limitations for solving real-world scenarios. While the simplicity of the method compels users to find shortcuts to a real-world problem, it also leads to obtaining wrong results that do not represent reality. By alerting practitioners about the core necessities of a new scenario, this book helps solve this problem, as well as contribute to the field of Multicriteria Decision Making Method (MDCM). The authors use a demonstrative, rather than a theoretical approach, and examine 30 subjects that displays the shortcomings and drawbacks of the AHP. Each one is examined in-depth, discussed, debated and reasoned, using examples, some of them numeric. The book highlights the rationality and common sense of the subjects, and in most cases, validates the criticism by showing through numerical examples, the impossibility of the AHP method to address, let alone solve real-world projects. At the conclusion of each subject, a table is built comparing the similarities and differences between the opinions of the authors and other experts, along with the respective pros and cons.
Author: Thomas L. Saaty
Publisher: Springer Science & Business Media
ISBN: 1461435978
Category : Business & Economics
Languages : en
Pages : 342
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Book Description
The Analytic Hierarchy Process (AHP) is a prominent and powerful tool for making decisions in situations involving multiple objectives. Models, Methods, Concepts and Applications of the Analytic Hierarchy Process, 2nd Edition applies the AHP in order to solve problems focused on the following three themes: economics, the social sciences, and the linking of measurement with human values. For economists, the AHP offers a substantially different approach to dealing with economic problems through ratio scales. Psychologists and political scientists can use the methodology to quantify and derive measurements for intangibles. Meanwhile researchers in the physical and engineering sciences can apply the AHP methods to help resolve the conflicts between hard measurement data and human values. Throughout the book, each of these topics is explored utilizing real life models and examples, relevant to problems in today’s society. This new edition has been updated and includes five new chapters that includes discussions of the following: - The eigenvector and why it is necessary - A summary of ongoing research in the Middle East that brings together Israeli and Palestinian scholars to develop concessions from both parties - A look at the Medicare Crisis and how AHP can be used to understand the problems and help develop ideas to solve them.
Author: Konrad Kulakowski
Publisher: CRC Press
ISBN: 1315392216
Category : Business & Economics
Languages : en
Pages : 265
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Book Description
The aim of this book is to provide the reader with a critical guide to AHP. In this book, the AHP method is considered primarily as a mathematical technique supporting the decision-making process. This method provides a convenient and versatile framework for modelling multi-criteria decision problems, evaluating alternatives and deriving final priorities. Rather than imposing a correct decision, AHP allows the user to create a ranking of alternatives, then choose the one which is the best (or among the best). At the core of AHP is a pairwise comparisons (PC) method. This is an old technique known in various forms since at least the Middle Ages.
Author: Thomas L. Saaty
Publisher:
ISBN: 9780962031717
Category :
Languages : en
Pages : 479
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Book Description
Author: Thomas L. Saaty
Publisher: RWS Publications
ISBN: 188860316X
Category : Business & Economics
Languages : en
Pages : 387
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Book Description
The Analytic Hierarchy Process (AHP) and its generalization to dependence and feedback, the Analytic Network Process (ANP), are methods of relative measurement of tangibles and intangibles. Being able to derive such measurements is essential for making good decisions. This book is based on the Analytic Network Process and lays out a new approach for making decisions in light of their benefits, opportunities, costs and risks (BOCR) shows how to include the strategic criteria of the decision-maker that must be satisfied regardless of the particular decision being undertaken. This book includes all the important background material from the earlier book, The Analytic Network Process: Decision Making with Dependence and Feedback, published in 2001, and goes farther with new examples of estimating market share of companies based on the intangibles of customer perception, and new applications involving Benefits, Opportunities, Costs and Risks.
Author: Surendra M. Gupta
Publisher: CRC Press
ISBN: 1351645617
Category : Business & Economics
Languages : en
Pages : 154
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Book Description
In order to ensure environmentally responsible production and disposal of products, local governments are imposing stricter environmental regulations, some of which even require manufacturers to take back their products at the end of the product's useful life. These government regulations, together with increasing environmental awareness, have forced manufacturers to invest in environment-conscious manufacturing. The multiple Criteria Decision Making Techniques presented in this book can be employed to solve the problems of environment-conscious manufacturers in product design, logistics, disassembly and remanufacturing.
Author: Mehdi Soltanifar
Publisher: Springer Nature
ISBN: 3031304039
Category : Technology & Engineering
Languages : en
Pages : 190
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Book Description
This book presents the theory and application of the models presented in this regard and establishes a meaningful relationship between data envelopment analysis and multi-attribute decision making. The issue of "choice" using the aggregation of voters' votes is one of the most important group decision-making issues that are always considered by decision makers in electoral systems. Voting is a method of group decision making in a democratic society that expresses the will of the majority. Voting is perhaps the simplest way to gather the opinions of experts, and this ease of application has made it a multi-attribute decision-making method in group decisions. Preferential voting is a type of voting that may refer to electoral systems or groups of the electoral system. In preferential voting, voters vote for multiple candidates, and how the candidates are arranged on the ballot is important. Researchers have made many efforts to provide models of voter aggregation, and one of the best results of these efforts is the aggregation of votes based on the policy of data envelopment analysis. Thus, in group decisions, the opinions of experts are obtained in a simple structure and consolidated in an interactive and logical structure, and the results can be a powerful tool for decision support. This book provides a complete set of voting models based on data envelopment analysis and expressing its various applications in industry and society. However, most decision-making methods do not use the opinions of experts or reduce the motivation of experts to participate in complex interactions and time, while voting methods do not have this shortcoming. This book is suitable for graduate students in the fields of industrial management, business management, industrial engineering, applied mathematics, and economics. It can also be a good source for researchers in decision science, decision support systems, data envelopment analysis, supply chain management, healthcare management, and others. The methods presented in this book can not only offer a comprehensive framework for solving the problems of these areas but also can inspire researchers to pursue new innovative hybrid methods.
