SELECTION OF BEST ALTERNATIVE OUT OF DIFFERENT ALTERNATIVES USING MCDM TECHNIQUES LIKE AHP, WSM AND PROMEETHEE: A CASE STUDY OF SELECTION OF BEST TURBINE

SELECTION OF BEST ALTERNATIVE OUT OF DIFFERENT ALTERNATIVES USING MCDM TECHNIQUES LIKE AHP, WSM AND PROMEETHEE: A CASE STUDY OF SELECTION OF BEST TURBINE PDF Author: Dr. Shilpesh C. Rana
Publisher: BFC Publications
ISBN: 9357644881
Category : Education
Languages : en
Pages : 52

Get Book

Book Description

SELECTION OF BEST ALTERNATIVE OUT OF DIFFERENT ALTERNATIVES USING MCDM TECHNIQUES LIKE AHP, WSM AND PROMEETHEE: A CASE STUDY OF SELECTION OF BEST TURBINE

SELECTION OF BEST ALTERNATIVE OUT OF DIFFERENT ALTERNATIVES USING MCDM TECHNIQUES LIKE AHP, WSM AND PROMEETHEE: A CASE STUDY OF SELECTION OF BEST TURBINE PDF Author: Dr. Shilpesh C. Rana
Publisher: BFC Publications
ISBN: 9357644881
Category : Education
Languages : en
Pages : 52

Get Book

Book Description


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

Get Book

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.

New Methods and Applications in Multiple Attribute Decision Making (MADM)

New Methods and Applications in Multiple Attribute Decision Making (MADM) PDF Author: Alireza Alinezhad
Publisher: Springer Nature
ISBN: 3030150097
Category : Business & Economics
Languages : en
Pages : 233

Get Book

Book Description
This book presents 27 methods of the Multiple Attribute Decision Making (MADM), which are not discussed in the existing books, nor studied in details, using more applications. Nowadays, decision making is one of the most important and fundamental tasks of management as an organizational goal achievement that depends on its quality. Decision making includes the correct expression of objectives, determining different and possible solutions, evaluating their feasibility, assessing the consequences, and the results of implementing each solution, and finally, selecting and implementing the solution. Multiple Criteria Decision Making (MCDM) is sum of the decision making techniques. MCDM is divided into the Multiple Objective Decision Making (MODM) for designing the best solution and MADM for selecting the best alternative. Given that the applications of MADM are mostly more than MODM, wide various techniques have been developed for MADM by researchers over the last 60 years, and the current book introduces some of the other new MADM methods.

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

Get Book

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.

Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management

Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management PDF Author: Edmundas Kazimieras Zavadskas
Publisher: MDPI
ISBN: 3038976423
Category : Technology & Engineering
Languages : en
Pages : 320

Get Book

Book Description
Information management is a common paradigm in modern decision-making. A wide range of decision-making techniques have been proposed in the literature to model complex business and engineering processes. In this Special Issue, 16 selected and peer-reviewed original research articles contribute to business information management in various current real-world problems by proposing crisp or uncertain multiple-criteria decision-making (MCDM) models and techniques, mostly including multi-attribute decision-making (MADM) approaches, in addition to a single paper proposing an interactive multi-objective decision-making (MODM) approach. Particular attention is devoted to information aggregation operators—65% of papers dealt with this item. The topics of this Special Issue gained attention in Europe and Asia. A total of 48 authors from seven countries contributed to this Issue. The papers are mainly concentrated in three application areas: supplier selection and rational order allocation, the evaluation and selection of goods or facilities, and personnel selection/partner selection. A number of new approaches are proposed that are expected to attract great interest from the research community.

Electre and Decision Support

Electre and Decision Support PDF Author: Martin Gerard Rogers
Publisher: Springer Science & Business Media
ISBN: 1475750579
Category : Technology & Engineering
Languages : en
Pages : 214

Get Book

Book Description
ELECTRE and Decision Support focuses on the areas of engineering and infrastructure investment. It begins with some general comments about the different decision components within the project planning process - the definition of objectives, the identification of alternative courses of action, the establishing of criteria, the evaluation of alternatives and the final recommendation. The authors highlight the ability of Multicriteria Decision Aid to reconcile the economic, technical and environmental dimensions of the projects for its planners. They emphasize the complexity of this process, illustrating the importance of identifying the stakeholders within it, as they greatly influence the definition of the decision criteria. A brief case study illustrates these different aspects. Following a comparison of Cost Benefit Analysis and Multicriteria Decision Aid, the introductory chapter sets out the structure of the book, with four subsequent chapters devoted to the methodology of ELECTRE and three outlining case studies involving different versions of ELECTRE. The chapters concentrating on the ELECTRE methodology first give an overview of the main MCDA methods before presenting the ELECTRE method in detail. Each chapter answers the following questions: (1) In what context should the ELECTRE methods be chosen? (2) Which version of the methods is most appropriate to apply to a given problem? Another chapter deals with a critical and delicate problem within MCDA - how to adequately assess the role played by each criterion in a given decision problem, and how this translates into an appropriate weighting for it. Each one covers a different civil engineering discipline and each uses a different version of ELECTRE. The final chapter on methodology presents some accessories which, when used with ELECTRE, can greatly enhance its usefulness in practice. This book is outstanding in many respects. I am convinced that the simple, clear and concise style of the authors will make this book accessible to very many readers. No important aspect of the subject is neglected, and the concise nature of this book does not hinder its originality. Last but not least, the manner in which the case studies are described allows the authors not only to demonstrate the validity of the approach and procedures presented, but also to help the reader understand how to apply them in an effective manner. Taken from the Foreword by Bernard Roy, University Paris-Dauphine

Proceedings of International Conference on Intelligent Manufacturing and Automation

Proceedings of International Conference on Intelligent Manufacturing and Automation PDF Author: Hari Vasudevan
Publisher: Springer
ISBN: 9811324905
Category : Technology & Engineering
Languages : en
Pages : 723

Get Book

Book Description
This book presents the outcomes of the International Conference on Intelligent Manufacturing and Automation (ICIMA 2018) organized by the Departments of Mechanical Engineering and Production Engineering at Dwarkadas J. Sanghvi College of Engineering, Mumbai, and the Indian Society of Manufacturing Engineers. It includes original research and the latest advances in the field, focusing on automation, mechatronics and robotics; CAD/CAM/CAE/CIM/FMS in manufacturing; product design and development; DFM/DFA/FMEA; MEMS and Nanotechnology; rapid prototyping; computational techniques; industrial engineering; manufacturing process management; modelling and optimization techniques; CRM, MRP and ERP; green, lean, agile and sustainable manufacturing; logistics and supply chain management; quality assurance and environment protection; advanced material processing and characterization; and composite and smart materials.

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

Get Book

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.

Multicriteria Methodology for Decision Aiding

Multicriteria Methodology for Decision Aiding PDF Author: B. Roy
Publisher: Springer Science & Business Media
ISBN: 1475725000
Category : Business & Economics
Languages : en
Pages : 303

Get Book

Book Description
axiomatic results should be at the heart of such a science. Through them, we should be able to enlighten and scientifically assist decision-making processes especially by: - making that wh ich is objective stand out more c1early from that which is less objective; - separating robust from fragile conc1usions; - dissipating certain forms of misunderstanding in communication; - avoiding the pitfall of illusory reasoning; - emphasizing, once they are understood, incontrovertible results. The difficulties I encountered at the begining of my career as an operations researcher, and later as a consultant, made me realize that there were some limitations on objectivity in decision-aiding. In my opinion, five major aspects must be taken into consideration: 1) The borderline (or frontier) between what is and what is not feasible is often fuzzy. Moreover, this borderline is frequently modified in light of what is found from the study itself. 2) In many real-world problems, the "decision maker D" does not really exist as a person truly able to make adecision. Usually, several people (actors or stakeholders) take part in the decision process, and it is important not to confuse the one who ratifies adecision with the so-called decision maker in the decision ai ding process. This decision maker is in fact the person or the set of persons for whom or in the name of whom decision aiding effort is provided.

Floating Offshore Wind Energy

Floating Offshore Wind Energy PDF Author: Joao Cruz
Publisher: Springer
ISBN: 3319293982
Category : Technology & Engineering
Languages : en
Pages : 341

Get Book

Book Description
This book provides a state-of-the-art review of floating offshore wind turbines (FOWT). It offers developers a global perspective on floating offshore wind energy conversion technology, documenting the key challenges and practical solutions that this new industry has found to date. Drawing on a wide network of experts, it reviews the conception, early design stages, load & structural analysis and the construction of FOWT. It also presents and discusses data from pioneering projects. Written by experienced professionals from a mix of academia and industry, the content is both practical and visionary. As one of the first titles dedicated to FOWT, it is a must-have for anyone interested in offshore renewable energy conversion technologies.