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Multi Criteria Decision Analysis Via Ratio And Difference Judgement
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Book Synopsis Multi-Criteria Decision Analysis via Ratio and Difference Judgement by : Freerk A. Lootsma
Download or read book Multi-Criteria Decision Analysis via Ratio and Difference Judgement written by Freerk A. Lootsma and published by Springer Science & Business Media. This book was released on 2007-08-23 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The point of departure in the present book is that the decision makers, involved in the evaluation of alternatives under conflicting criteria, express their preferential judgement by estimating ratios of subjective values or differences of the corresponding logarithms, the so-called grades. Three MCDA methods are studied in detail: the Simple Multi-Attribute Rating Technique SMART, as well as the Additive and the Multiplicative AHP, both pairwise-comparison methods which do not suffer from the well-known shortcomings of the original Analytic Hierarchy Process. Context-related preference modelling on the basis of psycho-physical research in visual perception and motor skills is extensively discussed in the introductory chapters. Thereafter many extensions of the ideas are presented via case studies in university administration, health care, environmental assessment, budget allocation, and energy planning at the national and the European level. The issues under consideration are: group decision making with inhomogeneous power distributions, the search for a compromise solution, resource allocation and fair distributions, scenario analysis in long-term planning, conflict analysis via the pairwise comparison of concessions, and multi-objective optimization. The final chapters are devoted to the fortunes of MCDA in the hands of its designers. The research started in the late seventies, when I got involved in three different problems: the nomination procedures in a university, the evaluation of alternative energy-research proposals, and the evaluation of non-linear programming software.
Book Synopsis Multi-Criteria Decision Analysis via Ratio and Difference Judgement by : Freerk A. Lootsma
Download or read book Multi-Criteria Decision Analysis via Ratio and Difference Judgement written by Freerk A. Lootsma and published by Springer. This book was released on 2013-04-18 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The point of departure in the present book is that the decision makers, involved in the evaluation of alternatives under conflicting criteria, express their preferential judgement by estimating ratios of subjective values or differences of the corresponding logarithms, the so-called grades. Three MCDA methods are studied in detail: the Simple Multi-Attribute Rating Technique SMART, as well as the Additive and the Multiplicative AHP, both pairwise-comparison methods which do not suffer from the well-known shortcomings of the original Analytic Hierarchy Process. Context-related preference modelling on the basis of psycho-physical research in visual perception and motor skills is extensively discussed in the introductory chapters. Thereafter many extensions of the ideas are presented via case studies in university administration, health care, environmental assessment, budget allocation, and energy planning at the national and the European level. The issues under consideration are: group decision making with inhomogeneous power distributions, the search for a compromise solution, resource allocation and fair distributions, scenario analysis in long-term planning, conflict analysis via the pairwise comparison of concessions, and multi-objective optimization. The final chapters are devoted to the fortunes of MCDA in the hands of its designers. The research started in the late seventies, when I got involved in three different problems: the nomination procedures in a university, the evaluation of alternative energy-research proposals, and the evaluation of non-linear programming software.
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.
Author :Evangelos Triantaphyllou Publisher :Springer Science & Business Media ISBN 13 :1475731574 Total Pages :307 pages Book Rating :4.4/5 (757 download)
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.
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.
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.
Book Synopsis A Novel Multi-Criteria Decision-Making Model for Building Material Supplier Selection Based on Entropy-AHP Weighted TOPSIS by : Chun-Ho Chen
Download or read book A Novel Multi-Criteria Decision-Making Model for Building Material Supplier Selection Based on Entropy-AHP Weighted TOPSIS written by Chun-Ho Chen and published by Infinite Study. This book was released on with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The TOPSIS method is extended with entropy-AHP weights, and entropy-AHP weights are used instead of subjective weights. A novel decision-making model of TOPSIS integrated entropy-AHP weights is proposed to select the appropriate supplier. Finally, we take the selection of building material suppliers as an example and use sensitivity analysis to show that the combination of the TOPSIS method based on entropy-AHP weights can effectively select the appropriate supplier.
Book Synopsis Big Data Analytics Using Multiple Criteria Decision-Making Models by : Ramakrishnan Ramanathan
Download or read book Big Data Analytics Using Multiple Criteria Decision-Making Models written by Ramakrishnan Ramanathan and published by CRC Press. This book was released on 2017-07-12 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multiple Criteria Decision Making (MCDM) is a subfield of Operations Research, dealing with decision making problems. A decision-making problem is characterized by the need to choose one or a few among a number of alternatives. The field of MCDM assumes special importance in this era of Big Data and Business Analytics. In this volume, the focus will be on modelling-based tools for Business Analytics (BA), with exclusive focus on the sub-field of MCDM within the domain of operations research. The book will include an Introduction to Big Data and Business Analytics, and challenges and opportunities for developing MCDM models in the era of Big Data.
Book Synopsis Environmental Systems - Volume III by : Achim Sydow
Download or read book Environmental Systems - Volume III written by Achim Sydow and published by EOLSS Publications. This book was released on 2010-09-27 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental Systems is a component of Encyclopedia of Environmental and Ecological Sciences, Engineering and Technology Resources in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. Environmental Systems is something about data handling, modeling and decision making in the field of environmental systems. It includes related basic knowledge on measurement techniques, modeling techniques and models and their applications for decisions making. Environmental engineering / research are based on measurement techniques and related knowledge of natural and life sciences. Developed mathematical and numerical simulation models are tools and strictly purpose oriented, that means suitable for decision making. The three volumes on Environmental Systems are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs.
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.
Book Synopsis Multi-criteria Analysis in Legal Reasoning by : Bengt Lindell
Download or read book Multi-criteria Analysis in Legal Reasoning written by Bengt Lindell and published by Edward Elgar Publishing. This book was released on 2017-05-26 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing an accessible introduction to the application of multi-criteria analysis in law, this book illustrates how simple additive weighing, a well known method in decision theory, can be used in problem structuring, analysis and decision support for overall assessments and balancing of interests in the context of law.
Book Synopsis Decision Making in the Manufacturing Environment by : Ravipudi Venkata Rao
Download or read book Decision Making in the Manufacturing Environment written by Ravipudi Venkata Rao and published by Springer Science & Business Media. This book was released on 2007-06-06 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how graph theory and matrix approach, and fuzzy multiple attribute decision making methods can be used in manufacturing. It proposes a methodology that will make decision making in the manufacturing environment structured and systematic. The book uses case studies to present the applications of decision making methods in real manufacturing situations.
Book Synopsis Decision Support Systems for Risk-Based Management of Contaminated Sites by : Antonio Marcomini
Download or read book Decision Support Systems for Risk-Based Management of Contaminated Sites written by Antonio Marcomini and published by Springer Science & Business Media. This book was released on 2008-12-16 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision Support Systems for Risk-Based Management of Contaminated Sites addresses decision making in environmental risk management for contaminated sites, focusing on the potential role of decision support systems in informing the management of chemical pollutants and their effects. Considering the environmental relevance and the financial impacts of contaminated sites all over the post-industrialized countries and the complexity of decision making in environmental risk management, decision support systems can be used by decision makers in order to have a more structured analysis of a problem at hand and define possible options of intervention to solve the problem. Accordingly, the book provides an analysis of the main steps and tools for the development of decision support systems, namely: environmental risk assessment, decision analysis, spatial analysis and geographic information system, indicators and endpoints. Sections are dedicated to the review of decision support systems for contaminated land management and for inland and coastal waters management. Both include discussions of management problem formulation and of the application of specific decision support systems. This book is a valuable support for environmental risk managers and for decision makers involved in a sustainable management of contaminated sites, including contaminated lands, river basins and coastal lagoons. Furthermore, it is a basic tool for the environmental scientists who gather data and perform assessments to support decisions, developers of decision support systems, students of environmental science and members of the public who wish to understand the assessment science that supports remedial decisions.
Book Synopsis Handbook of Group Decision and Negotiation by : D. Marc Kilgour
Download or read book Handbook of Group Decision and Negotiation written by D. Marc Kilgour and published by Springer Science & Business Media. This book was released on 2010-08-02 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publication of the Handbook of Group Decision and Negotiation marks a milestone in the evolution of the group decision and negotiation (GDN) eld. On this occasion, editors Colin Eden and Marc Kilgour asked me to write a brief history of the eld to provide background and context for the volume. They said that I am in a good position to do so: Actively involved in creating the GDN Section and serving as its chair; founding and leading the GDN journal, Group Decision and Negotiation as editor-in-chief, and the book series, “Advances in Group Decision and Negotiation” as editor; and serving as general chair of the GDN annual meetings. I accepted their invitation to write a brief history. In 1989 what is now the Institute for Operations Research and the Management Sciences (INFORMS) established its Section on Group Decision and Negotiation. The journal Group Decision and Negotiation was founded in 1992, published by Springer in cooperation with INFORMS and the GDN Section. In 2003, as an ext- sion of the journal, the Springer book series, “Advances in Group Decision and Negotiation” was inaugurated.
Book Synopsis Transportation Decision Making by : Kumares C. Sinha
Download or read book Transportation Decision Making written by Kumares C. Sinha and published by John Wiley & Sons. This book was released on 2007-05-25 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transportation Decision Making A GUIDE TO EFFECTIVE DECISION MAKING WRITTEN JUST FOR TRANSPORTATION PROFESSIONALS This pioneering text provides a holistic approach to decision making in transportation project development and programming, which can help transportation professionals to optimize their investment choices. The authors present a proven set of methodologies for evaluating transportation projects that ensures that all costs and impacts are taken into consideration. The text’s logical organization gets readers started with a solid foundation in basic principles and then progressively builds on that foundation. Topics covered include: Developing performance measures for evaluation, estimating travel demand, and costing transportation projects Performing an economic efficiency evaluation that accounts for such factors as travel time, safety, and vehicle operating costs Evaluating a project’s impact on economic development and land use as well as its impact on society and culture Assessing a project’s environmental impact, including air quality, noise, ecology, water resources, and aesthetics Evaluating alternative projects on the basis of multiple performance criteria Programming transportation investments so that resources can be optimally allocated to meet facility-specific and system-wide goals Each chapter begins with basic definitions and concepts followed by a methodology for impact assessment. Relevant legislation is discussed and available software for performing evaluations is presented. At the end of each chapter, readers are provided resources for detailed investigation of particular topics. These include Internet sites and publications of international and domestic agencies and research institutions. The authors also provide a companion Web site that offers updates, data for analysis, and case histories of project evaluation and decision making. Given that billions of dollars are spent each year on transportation systems in the United States alone, and that there is a need for thorough and rational evaluation and decision making for cost-effective system preservation and improvement, this text should be on the desks of all transportation planners, engineers, and educators. With exercises in every chapter, this text is an ideal coursebook for the subject of transportation systems analysis and evaluation.
Book Synopsis Introduction to the Analytic Hierarchy Process by : Matteo Brunelli
Download or read book Introduction to the Analytic Hierarchy Process written by Matteo Brunelli and published by Springer. This book was released on 2014-12-12 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Analytic Hierarchy Process (AHP) has been one of the foremost mathematical methods for decision making with multiple criteria and has been widely studied in the operations research literature as well as applied to solve countless real-world problems. This book is meant to introduce and strengthen the readers’ knowledge of the AHP, no matter how familiar they may be with the topic. This book provides a concise, yet self-contained, introduction to the AHP that uses a novel and more pedagogical approach. It begins with an introduction to the principles of the AHP, covering the critical points of the method, as well as some of its applications. Next, the book explores further aspects of the method, including the derivation of the priority vector, the estimation of inconsistency, and the use of AHP for group decisions. Each of these is introduced by relaxing initial assumptions. Furthermore, this booklet covers extensions of AHP, which are typically neglected in elementary expositions of the methods. Such extensions concern different numerical representations of preferences and the interval and fuzzy representations of preferences to account for uncertainty. During the whole exposition, an eye is kept on the most recent developments of the method.
Book Synopsis Translational Biotechnology by : Yasha Hasija
Download or read book Translational Biotechnology written by Yasha Hasija and published by Academic Press. This book was released on 2021-01-17 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Translational Biotechnology: A Journey from Laboratory to Clinics presents an integrative and multidisciplinary approach to biotechnology to help readers bridge the gaps between fundamental and functional research. The book provides state-of-the-art and integrative views of translational biotechnology by covering topics from basic concepts to novel methodologies. Topics discussed include biotechnology-based therapeutics, pathway and target discovery, biological therapeutic modalities, translational bioinformatics, and system and synthetic biology. Additional sections cover drug discovery, precision medicine and the socioeconomic impact of translational biotechnology. This book is valuable for bioinformaticians, biotechnologists, and members of the biomedical field who are interested in learning more about this promising field. - Explains biotechnology in a different light by using an application-oriented approach - Discusses practical approaches in the development of precision medicine tools, systems and dynamical medicine approaches - Promotes research in the field of biotechnology that is translational in nature, cost-effective and readily available to the community
