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A Strategy for Using Multicriteria Analysis in Decision-Making

A Strategy for Using Multicriteria Analysis in Decision-Making PDF Author: Nolberto Munier
Publisher: Springer Science & Business Media
ISBN: 9400715129
Category : Science
Languages : en
Pages : 298

Book Description
This book develops a whole strategy for decision-making, with the full participation of the decision-maker and utilizing continuous feedback. It introduces the use of the very well-known and proven methodology, linear programming, but specially adapted for this purpose. For this, it incorporates a method to include subjective concepts, as well as the possibility of working with many different and even contradictory objectives. The book is liberally populated with diverse case studies to illustrate the concepts. This practical guide will be of interest to anyone undertaking analysis and decision-making, on both simple and complex projects, and who is looking for a strategy to organize, classify, and evaluate the large amount of information required to make an informed decision. The strategy includes methods to analyze the results and extract conclusions from them.

A Strategy for Using Multicriteria Analysis in Decision-Making

A Strategy for Using Multicriteria Analysis in Decision-Making PDF Author: Nolberto Munier
Publisher: Springer Science & Business Media
ISBN: 9400715129
Category : Science
Languages : en
Pages : 298

Book Description
This book develops a whole strategy for decision-making, with the full participation of the decision-maker and utilizing continuous feedback. It introduces the use of the very well-known and proven methodology, linear programming, but specially adapted for this purpose. For this, it incorporates a method to include subjective concepts, as well as the possibility of working with many different and even contradictory objectives. The book is liberally populated with diverse case studies to illustrate the concepts. This practical guide will be of interest to anyone undertaking analysis and decision-making, on both simple and complex projects, and who is looking for a strategy to organize, classify, and evaluate the large amount of information required to make an informed decision. The strategy includes methods to analyze the results and extract conclusions from them.

Strategic Approach in Multi-Criteria Decision Making

Strategic Approach in Multi-Criteria Decision Making PDF Author: Nolberto Munier
Publisher: Springer
ISBN: 3030027260
Category : Business & Economics
Languages : en
Pages : 276

Book Description
This book examines multiple criteria decision making (MCDM) and presents the Sequential Interactive Modelling for Urban Systems (SIMUS) as a method to be used for strategic decision making. It emphasizes the necessity to take into account aspects related to real world scenarios and incorporating possible real life aspects for modelling. The book also highlights the use of sensitivity analysis and presents a method for using criteria marginal values instead of weights, which permits the drawing of curves that depicts the variations of the objective function due to variations of these marginal values. In this way it also gives quantitative values of the objective function allowing stakeholders to perform a comprehensive risk analysis for a solution when it is affected by exogenous variables. Strategic Approach in Multi-Criteria Decision Making: A Practical Guide for Complex Scenarios is divided into three parts. Part 1 is devoted to exploring the history and development of the discipline and the way it is currently used. It highlights drawbacks and problems that scholars have identified in different MCDM methods and techniques. Part 2 addresses best practices to assure quality MCDM process. Part 3 introduces the concept of Linear Programming and the proposed SIMUS method as techniques to deal with MCDM. It also includes case studies in order to help document and illustrate difficult concepts, especially related to demands from a scenario and also in their modelling. The decision making process can be a complex task, especially with multi-criteria problems. With large amounts of information, it can be an extremely difficult to make a rational decision, due to the number of intervening variables, their interrelationships, potential solutions that might exist, diverse objectives envisioned for a project, etc. The SIMUS method has been designed to offer a strategy to help organize, classify, and evaluate this information effectively.

Strategic Approach in Multi-Criteria Decision Making

Strategic Approach in Multi-Criteria Decision Making PDF Author: Nolberto Munier
Publisher: Springer Nature
ISBN: 3031444531
Category :
Languages : en
Pages : 407

Book Description


Multi-Criteria Analysis and Regional Decision-Making

Multi-Criteria Analysis and Regional Decision-Making PDF Author: Peter Nijkamp
Publisher: Springer Science & Business Media
ISBN: 9789020706895
Category : Business & Economics
Languages : en
Pages : 152

Book Description


Multiple Criteria Decision Analysis

Multiple Criteria Decision Analysis PDF Author: Valerie Belton
Publisher: Springer Science & Business Media
ISBN: 1461514959
Category : Business & Economics
Languages : en
Pages : 381

Book Description
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.

Handbook of Multicriteria Analysis

Handbook of Multicriteria Analysis PDF Author: Constantin Zopounidis
Publisher: Springer Science & Business Media
ISBN: 3540928286
Category : Business & Economics
Languages : en
Pages : 455

Book Description
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.

Decision Making Applications in Modern Power Systems

Decision Making Applications in Modern Power Systems PDF Author: Shady H.E. Abdel Aleem
Publisher: Academic Press
ISBN: 0128166266
Category : Science
Languages : en
Pages : 576

Book Description
Decision Making Applications in Modern Power Systems presents an enhanced decision-making framework for power systems. Designed as an introduction to enhanced electricity system analysis using decision-making tools, it provides an overview of the different elements, levels and actors involved within an integrated framework for decision-making in the power sector. In addition, it presents a state-of-play on current energy systems, strategies, alternatives, viewpoints and priorities in support of decision-making in the electric power sector, including discussions of energy storage and smart grids. As a practical training guide on theoretical developments and the application of advanced methods for practical electrical energy engineering problems, this reference is ideal for use in establishing medium-term and long-term strategic plans for the electric power and energy sectors. Provides panoramic coverage of state-of-the-art energy systems, strategies and priorities in support of electrical power decision-making Introduces innovative research outcomes, programs, algorithms and approaches to address challenges in understanding, creating and managing complex techno-socio-economic engineering systems Includes practical training on theoretical developments and the application of advanced methods for realistic electrical energy engineering problems

Multi-criteria Decision Analysis

Multi-criteria Decision Analysis PDF Author: Alessio Ishizaka
Publisher: John Wiley & Sons
ISBN: 1118644913
Category : Mathematics
Languages : en
Pages : 260

Book Description
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

Multiple Criteria Decision Making PDF Author: Constantin Zopounidis
Publisher: Springer
ISBN: 3319392921
Category : Business & Economics
Languages : en
Pages : 211

Book Description
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.

Advanced Studies in Multi-Criteria Decision Making

Advanced Studies in Multi-Criteria Decision Making PDF Author: Sarah Ben Amor
Publisher: CRC Press
ISBN: 1351722115
Category : Business & Economics
Languages : en
Pages : 256

Book Description
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