Multi Criteria Decision Analysis In Management

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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.

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Genre : Business & Economics
Author : Behl, Abhishek
Publisher : IGI Global
Release : 2020-02-01
File : 422 Pages
ISBN-13 : 9781799822189


Multi Criteria Decision Analysis

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Multi-Criteria Decision-Making (MCDM) includes methods and tools for modeling and solving complex problems. MCDM has become popular in the production and service sectors to improve the quality of service, reduce costs, and make people more prosperous. This book illustrates applications through case studies focused on disaster management. With a presentation of both Multi-Attribute Decision-Making (MADM) and Multi-Objective Decision-Making (MODM) models, this is the first book to merge these methods and tools with disaster management. This book raises awareness for society and decision-makers on how to measure readiness and what necessary preventive measures need to be taken. It offers models and case studies that can be easily adapted to solve complex problems and find solutions in other fields. Multi-Criteria Decision Analysis: Case Studies in Disaster Management will offer new insights to researchers working in the areas of industrial engineering, systems engineering, healthcare systems, operations research, mathematics, business, computer science, and disaster management, and, hopefully, the book will also stimulate further work in MCDM.

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Genre : Mathematics
Author : Muhammet Gul
Publisher : CRC Press
Release : 2022-12-16
File : 351 Pages
ISBN-13 : 9781000804430


Multi Criteria Decision Analysis

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Decision analysis has become widely recognized as an important process for translating science into management actions. With climate change and other systemic threats as driving forces in creating environmental and engineering problems, there is a great need for understanding decision making frameworks through a case-study based approach. Management of environmental and engineering projects is often complicated and multidisciplinary in scope and nature, thus issues that arise can be difficult to solve analytically. Multi-Criteria Decision Analysis: Case Studies in Engineering and the Environment provides detailed description of MCDA methods and tools and illustrates their applications through case studies focused on sustainability and system engineering applications. New in the Second Edition: Addresses current and emerging environmental and engineering problems Includes seven new case studies to illustrate different management situations applicable at the international level Builds on real case studies from recent and relevant environmental and engineering management experience Describes advanced MCDA techniques and extensions used by practitioners Provides corresponding decision models implemented using the DECERNS software package Gives a more holistic approach to teaching MCDA methodology with a focus on sustainable solutions and adoption of new technologies, including nanotechnology and synthetic biology Given the novelty and inherent applicability of this decision-making framework to the environmental and engineering fields, a greater number of teaching tools for this topic need to be made available. This book provides those teaching tools, covering the breadth of the applications of MCDA methodologies with clear explanations of the MCDA process. The case studies are implemented in the DECERNS software package, allowing readers to experiment and explore and to understand the full process by which environmental managers assess these problems. This book is a great resource for professionals and students seeking to learn decision analysis techniques and apply similar frameworks to environmental and engineering projects

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Genre : Business & Economics
Author : Igor Linkov
Publisher : CRC Press
Release : 2020-09-08
File : 421 Pages
ISBN-13 : 9781000177787


Weighting Methods And Their Effects On Multi Criteria Decision Making Model Outcomes In Water Resources Management

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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.

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Genre : Science
Author : Noorul Hassan Zardari
Publisher : Springer
Release : 2014-10-30
File : 173 Pages
ISBN-13 : 9783319125862


Recent Theories And Applications For Multi Criteria Decision Making

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In an increasingly complex world, decision-makers face the challenge of optimizing multiple conflicting objectives across various scenarios. Multi-Criteria Decision-Making (MCDM) techniques have emerged as essential tools for addressing these challenges and offer methods to evaluate alternatives and minimize subjectivity. As the landscape of MCDM evolves with new approaches such as fuzzy set theory, rough set theory, and neutrosophic set theory, decision-making in situations involving varied and complex data becomes more reliable and consistent. Recent Theories and Applications for Multi-Criteria Decision-Making explores the latest trends and innovations in this field. The book includes thought-provoking input from renowned researchers who cover case studies, real-world applications, challenges, and cutting-edge methodologies. It highlights the integration of advanced technologies such as AI, big data, and IoT with MCDM, while offering practical insights into strategic decision-making in today's digital age. This volume serves as a valuable resource for scholars, practitioners, and researchers keen to improve their decision-making capacity.

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Genre : Business & Economics
Author : Aouadni, Sourour
Publisher : IGI Global
Release : 2024-11-01
File : 516 Pages
ISBN-13 : 9798369365045


A Review Of Multi Criteria Decision Making Applications To Solve Energy Management Problems Two Decades From 1995 To 2015

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Energy management problems associated with rapid institutional, political, technical, ecological, social and economic development have been of critical concern to both national and local governments worldwide for many decades; thus, addressing such issues is a global priority.

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Genre :
Author : Abbas Mardania
Publisher : Infinite Study
Release :
File : 41 Pages
ISBN-13 :


Advanced Studies In Multi Criteria Decision Making

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With contributions from some of the top academics and scientists in the field, Advanced Studies in Multi-Criteria Decision Making presents an updated view of the landscape of Decision Sciences, current research topics, the interaction with other sciences and fields, as well as the prospects and challenges at an international level. Given that Decision Sciences are recognized today as indispensable for confronting the major societal challenges in science and technology, this book would be of interest to decision-makers, managers, and researchers from academia, and industrial/services companies that would like a fresh insight into MCDM. Features Integrates a wide range of scientific fields with a general reader approach, including applied researchers from the social, business, enterprise sciences Suitable for academics and professionals Presents a broad coverage of MCDM tools either in industry or in services companies and systems Provides a fresh overview on MCDM studies promoted by prestigious R&D institutions

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Genre : Business & Economics
Author : Sarah Ben Amor
Publisher : CRC Press
Release : 2019-12-11
File : 177 Pages
ISBN-13 : 9781351722100


Multi Criteria Decision Making Techniques In Waste Management

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This book addresses the problem of waste management by using multi-criteria decision-making (MCDM) methods. The authors discuss how to apply MCDM, a complex decision-making tool that involves both quantitative and qualitative factors, to develop strategies for effective waste management using various optimization models to rank alternatives, while also incorporating the concerns and needs of multiple stakeholders to find the most optimal decisions for various types of wastes. Typically, there does not exist a single optimal solution to waste problems; with help of MCDM, far better solutions can often be found and utilized to facilitate sustainable waste management techniques in various industries. This book provides unique, effective, and quick decision-making strategies for waste management. With the ever-increasing population and continuing human development, the problem of managing waste becomes increasingly essential, and this volume helps lead the way to finding sustainable solutions.

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Genre : Business & Economics
Author : Suchismita Satapathy
Publisher : CRC Press
Release : 2021-09-30
File : 298 Pages
ISBN-13 : 9781000400762


Fuzzy Optimization And Multi Criteria Decision Making In Digital Marketing

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Abstract: "This book applies fuzzy theory and multi-criteria decision making principles for better practice in the digital business environment through the use of timely research and case studies on practical implementation of such theories in the digital marketplace"--Provided by publisher

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Genre : Business & Economics
Author : Kumar, Anil
Publisher : IGI Global
Release : 2015-10-27
File : 390 Pages
ISBN-13 : 9781466688094


Fuzzy Multi Criteria Decision Making

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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.

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Genre : Computers
Author : Cengiz Kahraman
Publisher : Springer Science & Business Media
Release : 2008-08-09
File : 591 Pages
ISBN-13 : 9780387768137