Multi-Criteria Decision Making for the Management of Complex Systems

Multi-Criteria Decision Making for the Management of Complex Systems PDF Author: Voronin, Albert
Publisher: IGI Global
ISBN: 1522525106
Category : Business & Economics
Languages : en
Pages : 201

Book Description
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.

Multi-Criteria Decision Making for the Management of Complex Systems

Multi-Criteria Decision Making for the Management of Complex Systems PDF Author: Alʹbert Nikolaevich Voronin
Publisher: Business Science Reference
ISBN: 9781522525110
Category : Business & Economics
Languages : en
Pages : 0

Book Description
"This book describes the basic concepts and definitions of the theory of decision-making, provides a general formulation of multicriteria problems, provides the statement of the problem of the synthesis of compromise-optimal mobile objects trajectories in a conflict environment and method of solution, and other topics"--

Advanced Operations Management for Complex Systems Analysis

Advanced Operations Management for Complex Systems Analysis PDF Author: Jingzheng Ren
Publisher: Springer Nature
ISBN: 3030454185
Category : Business & Economics
Languages : en
Pages : 110

Book Description
This book focuses on operations management methods for analysing complex systems from a system engineering perspective. It presents various advanced multi-criteria decision analysis methods for investigating factors that influence complex systems. In turn, it shows how to improve systems’ performance, including their competitiveness, safety, and sustainability. The book also draws on examples of typical virtual systems such as tourism, aviation maintenance, and waste-to-wealth systems to illustrate the operations management methods discussed. Cases from day-to-day life are used to elicit heuristic questions on the operations management methods presented in each chapter. The book will help researchers, operations managers, and engineers alike to understand the latest advances in operations management methods for analysing complex systems from the standpoint of system engineering.

Multiple Criteria Decision Making

Multiple Criteria Decision Making PDF Author: Y. Ilker Topcu
Publisher: Springer Nature
ISBN: 303052406X
Category : Business & Economics
Languages : en
Pages : 413

Book Description
Data and its processed state 'information' have become an indispensable resource for virtually all aspects of business, education, etc. Consequently, decisions regarding the handling of this data, transforming it into meaningful information, and ultimately arriving at the best course of action have taken on a new importance. This book highlights a selection of cutting-edge research on decision making presented at the 25th International Conference on Multiple Criteria Decision Making (MCDM 2019), held in Istanbul, Turkey.

Multi-Criteria Decision Making

Multi-Criteria Decision Making PDF Author: Jitesh J. Thakkar
Publisher: Springer Nature
ISBN: 9813347457
Category : Technology & Engineering
Languages : en
Pages : 393

Book Description
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. ^

Strategic Approach in Multi-criteria Decision Making

Strategic Approach in Multi-criteria Decision Making PDF Author: Nolberto Munier
Publisher:
ISBN: 9783030027278
Category : Decision making
Languages : en
Pages :

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.

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

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.

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.

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.

Management and Applications of Complex Systems

Management and Applications of Complex Systems PDF Author: G. Rzevski
Publisher: WIT Press
ISBN: 1784663670
Category : Mathematics
Languages : en
Pages : 174

Book Description
Composed of selected research papers, this book brings together new developments and processes for managing complexity. The included works originate from renowned complexity thinkers, well established practitioners and new researchers in the area of complexity and detail issues of common interest.