Multi Criteria Decision Analysis In Management

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Multi-Criteria Decision Analysis in Management

Author : Behl, Abhishek
Publisher : IGI Global
ISBN 13 : 1799822184
Total Pages : 422 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Multi-Criteria Decision Analysis in Management by : Behl, Abhishek

Download or read book Multi-Criteria Decision Analysis in Management written by Behl, Abhishek and published by IGI Global. This book was released on 2020-02-01 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Trends in Multiple Criteria Decision Analysis

Author : Salvatore Greco
Publisher : Springer Science & Business Media
ISBN 13 : 1441959041
Total Pages : 421 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Trends in Multiple Criteria Decision Analysis by : Salvatore Greco

Download or read book Trends in Multiple Criteria Decision Analysis written by Salvatore Greco and published by Springer Science & Business Media. This book was released on 2010-09-10 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multiple Criteria Decision Making (MCDM) is the study of methods and procedures by which concerns about multiple conflicting criteria can be formally incorporated into the management planning process. A key area of research in OR/MS, MCDM is now being applied in many new areas, including GIS systems, AI, and group decision making. This volume is in effect the third in a series of Springer books by these editors (all in the ISOR series), and it brings all the latest developments in MCDM into focus. Looking at developments in the applications, methodologies and foundations of MCDM, it presents research from leaders in the field on such topics as Problem Structuring Methodologies; Measurement Theory and MCDA; Recent Developments in Evolutionary Multiobjective Optimization; Habitual Domains and Dynamic MCDM in Changeable Spaces; Stochastic Multicriteria Acceptability Analysis; and many more chapters.

Multiple Criteria Decision Analysis

Author : Valerie Belton
Publisher : Springer Science & Business Media
ISBN 13 : 1461514959
Total Pages : 381 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Multiple Criteria Decision Analysis by : Valerie Belton

Download or read book Multiple Criteria Decision Analysis written by Valerie Belton and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Analysis

Author : Salvatore Greco
Publisher : Springer
ISBN 13 : 149393094X
Total Pages : 1356 pages
Book Rating : 4.4/5 (939 download)

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Book Synopsis Multiple Criteria Decision Analysis by : Salvatore Greco

Download or read book Multiple Criteria Decision Analysis written by Salvatore Greco and published by Springer. This book was released on 2016-02-18 with total page 1356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In two volumes, this new edition presents the state of the art in Multiple Criteria Decision Analysis (MCDA). Reflecting the explosive growth in the field seen during the last several years, the editors not only present surveys of the foundations of MCDA, but look as well at many new areas and new applications. Individual chapter authors are among the most prestigious names in MCDA research, and combined their chapters bring the field completely up to date. Part I of the book considers the history and current state of MCDA, with surveys that cover the early history of MCDA and an overview that discusses the “pre-theoretical” assumptions of MCDA. Part II then presents the foundations of MCDA, with individual chapters that provide a very exhaustive review of preference modeling, along with a chapter devoted to the axiomatic basis of the different models that multiple criteria preferences. Part III looks at outranking methods, with three chapters that consider the ELECTRE methods, PROMETHEE methods, and a look at the rich literature of other outranking methods. Part IV, on Multiattribute Utility and Value Theories (MAUT), presents chapters on the fundamentals of this approach, the very well known UTA methods, the Analytic Hierarchy Process (AHP) and its more recent extension, the Analytic Network Process (ANP), as well as a chapter on MACBETH (Measuring Attractiveness by a Categorical Based Evaluation Technique). Part V looks at Non-Classical MCDA Approaches, with chapters on risk and uncertainty in MCDA, the decision rule approach to MCDA, the fuzzy integral approach, the verbal decision methods, and a tentative assessment of the role of fuzzy sets in decision analysis. Part VI, on Multiobjective Optimization, contains chapters on recent developments of vector and set optimization, the state of the art in continuous multiobjective programming, multiobjective combinatorial optimization, fuzzy multicriteria optimization, a review of the field of goal programming, interactive methods for solving multiobjective optimization problems, and relationships between MCDA and evolutionary multiobjective optimization (EMO). Part VII, on Applications, selects some of the most significant areas, including contributions of MCDA in finance, energy planning problems, telecommunication network planning and design, sustainable development, and portfolio analysis. Finally, Part VIII, on MCDM software, presents well known MCDA software packages.

Multi-Criteria Decision Analysis

Author : Igor Linkov
Publisher : CRC Press
ISBN 13 : 1439853185
Total Pages : 206 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Multi-Criteria Decision Analysis by : Igor Linkov

Download or read book Multi-Criteria Decision Analysis written by Igor Linkov and published by CRC Press. This book was released on 2011-10-24 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Multi-criteria Decision Analysis

Author : Alessio Ishizaka
Publisher : John Wiley & Sons
ISBN 13 : 1118644913
Total Pages : 260 pages
Book Rating : 4.1/5 (186 download)

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Book Synopsis Multi-criteria Decision Analysis by : Alessio Ishizaka

Download or read book Multi-criteria Decision Analysis written by Alessio Ishizaka and published by John Wiley & Sons. This book was released on 2013-06-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Multiple Criteria Decision Making

Author : Constantin Zopounidis
Publisher : Springer
ISBN 13 : 3319392921
Total Pages : 218 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Multiple Criteria Decision Making by : Constantin Zopounidis

Download or read book Multiple Criteria Decision Making written by Constantin Zopounidis and published by Springer. This book was released on 2016-09-08 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a broad range of innovative applications and case studies in all areas of management and engineering, including public administration, finance, marketing, engineering, transportation, and energy systems. It addresses issues related to problem structuring, preference modeling, and model construction, presenting a framework that provides clear decision-making support in practice. In addition, it includes hybrid and integrated techniques combining multiple criteria decision making (MCDM) with other analytical methods. The book reflects the growing impact of MCDM in the field of management science and operations research. Building on recent and established theoretical advances and presenting their applications in specific domains, it offers a comprehensive resource for researchers, graduate students and professionals alike.

Multi-Criteria Decision Making

Author : Jitesh J. Thakkar
Publisher : Springer Nature
ISBN 13 : 9813347457
Total Pages : 393 pages
Book Rating : 4.8/5 (133 download)

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Book Synopsis Multi-Criteria Decision Making by : Jitesh J. Thakkar

Download or read book Multi-Criteria Decision Making written by Jitesh J. Thakkar and published by Springer Nature. This book was released on 2021-02-08 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. ^

Multi-Criteria Decision Analysis for Risk Assessment and Management

Author : Jingzheng Ren
Publisher : Springer
ISBN 13 : 9783030781545
Total Pages : 0 pages
Book Rating : 4.7/5 (815 download)

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Book Synopsis Multi-Criteria Decision Analysis for Risk Assessment and Management by : Jingzheng Ren

Download or read book Multi-Criteria Decision Analysis for Risk Assessment and Management written by Jingzheng Ren and published by Springer. This book was released on 2022-11-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Multi-criteria Decision Making Methods

Author : Evangelos Triantaphyllou
Publisher : Springer Science & Business Media
ISBN 13 : 1475731574
Total Pages : 307 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Multi-criteria Decision Making Methods by : Evangelos Triantaphyllou

Download or read book Multi-criteria Decision Making Methods written by Evangelos Triantaphyllou and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones. This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist. Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.

Multi-Criteria Decision Making for the Management of Complex Systems

Author : Voronin, Albert
Publisher : IGI Global
ISBN 13 : 1522525106
Total Pages : 213 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Multi-Criteria Decision Making for the Management of Complex Systems by : Voronin, Albert

Download or read book Multi-Criteria Decision Making for the Management of Complex Systems written by Voronin, Albert and published by IGI Global. This book was released on 2017-03-20 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Handbook of Multicriteria Analysis

Author : Constantin Zopounidis
Publisher : Springer Science & Business Media
ISBN 13 : 3540928286
Total Pages : 472 pages
Book Rating : 4.5/5 (49 download)

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Book Synopsis Handbook of Multicriteria Analysis by : Constantin Zopounidis

Download or read book Handbook of Multicriteria Analysis written by Constantin Zopounidis and published by Springer Science & Business Media. This book was released on 2010-05-25 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Multicriteria Decision Analysis in Geographic Information Science

Author : Jacek Malczewski
Publisher : Springer
ISBN 13 : 3540747575
Total Pages : 335 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Multicriteria Decision Analysis in Geographic Information Science by : Jacek Malczewski

Download or read book Multicriteria Decision Analysis in Geographic Information Science written by Jacek Malczewski and published by Springer. This book was released on 2015-02-02 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for the GIS Science and Decision Science communities. It is primarily targeted at postgraduate students and practitioners in GIS and urban, regional and environmental planning as well as applied decision analysis. It is also suitable for those studying and working with spatial decision support systems. The main objectives of this book are to effectivley integrate Multicriteria Decision Analysis (MCDA) into Geographic Information Science (GIScience), to provide a comprehensive account of theories, methods, technologies and tools for tackling spatial decision problems and to demonstrate how the GIS-MCDA approaches can be used in a wide range of planning and management situations.

Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design

Author : Ali Jahan
Publisher : Butterworth-Heinemann
ISBN 13 : 0081005415
Total Pages : 254 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design by : Ali Jahan

Download or read book Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design written by Ali Jahan and published by Butterworth-Heinemann. This book was released on 2016-02-17 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design, Second Edition, provides readers with tactics they can use to optimally select materials to satisfy complex design problems when they are faced with the vast range of materials available. Current approaches to materials selection range from the use of intuition and experience, to more formalized computer-based methods, such as electronic databases with search engines to facilitate the materials selection process. Recently, multi-criteria decision-making (MCDM) methods have been applied to materials selection, demonstrating significant capability for tackling complex design problems. This book describes the rapidly growing field of MCDM and its application to materials selection. It aids readers in producing successful designs by improving the decision-making process. This new edition updates and expands previous key topics, including new chapters on materials selection in the context of design problem-solving and multiple objective decision-making, also presenting a significant amount of additional case studies that will aid in the learning process. - Describes the advantages of Quality Function Deployment (QFD) in the materials selection process through different case studies - Presents a methodology for multi-objective material design optimization that employs Design of Experiments coupled with Finite Element Analysis - Supplements existing quantitative methods of materials selection by allowing simultaneous consideration of design attributes, component configurations, and types of material - Provides a case study for simultaneous materials selection and geometrical optimization processes

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

Author : Noorul Hassan Zardari
Publisher : Springer
ISBN 13 : 3319125869
Total Pages : 173 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management by : Noorul Hassan Zardari

Download or read book Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management written by Noorul Hassan Zardari and published by Springer. This book was released on 2014-10-30 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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

Author : Dilber Uzun Ozsahin
Publisher : Springer Nature
ISBN 13 : 303064765X
Total Pages : 206 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Application of Multi-Criteria Decision Analysis in Environmental and Civil Engineering by : Dilber Uzun Ozsahin

Download or read book Application of Multi-Criteria Decision Analysis in Environmental and Civil Engineering written by Dilber Uzun Ozsahin and published by Springer Nature. This book was released on 2021-02-28 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Fuzzy Multi-Criteria Decision Making

Author : Cengiz Kahraman
Publisher : Springer Science & Business Media
ISBN 13 : 0387768130
Total Pages : 591 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Fuzzy Multi-Criteria Decision Making by : Cengiz Kahraman

Download or read book Fuzzy Multi-Criteria Decision Making written by Cengiz Kahraman and published by Springer Science & Business Media. This book was released on 2008-08-09 with total page 591 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.