Multi-Criteria Decision Making for the Management of Complex Systems
Multi-Criteria Decision Making for the Management of Complex Systems

Author: Voronin, Albert

Publisher: IGI Global

Published: 2017-03-20

Total Pages: 213

ISBN-13: 1522525106

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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.

Advanced Operations Management for Complex Systems Analysis
Advanced Operations Management for Complex Systems Analysis

Author: Jingzheng Ren

Publisher: Springer Nature

Published: 2020-04-21

Total Pages: 110

ISBN-13: 3030454185

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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.

Strategic Approach in Multi-criteria Decision Making
Strategic Approach in Multi-criteria Decision Making

Author: Nolberto Munier

Publisher:

Published: 2019

Total Pages:

ISBN-13: 9783030027278

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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

Author: Y. Ilker Topcu

Publisher: Springer Nature

Published: 2021-03-24

Total Pages: 413

ISBN-13: 303052406X

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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 Analysis in Management
Multi-Criteria Decision Analysis in Management

Author: Behl, Abhishek

Publisher: IGI Global

Published: 2020-02-01

Total Pages: 422

ISBN-13: 1799822184

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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.

Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management
Multiple-Criteria Decision-Making (MCDM) Techniques for Business Processes Information Management

Author: Edmundas Kazimieras Zavadskas

Publisher: MDPI

Published: 2019-03-08

Total Pages: 320

ISBN-13: 3038976423

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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.

Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering
Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering

Author: Ilker Ozsahin

Publisher: Academic Press

Published: 2021-03-25

Total Pages: 334

ISBN-13: 0128240873

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Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering contains several practical applications on how decision-making theory could be used in solving problems relating to the selection of best alternatives. The book focuses on assisting decision-makers (government, organizations, companies, general public, etc.) in making the best and most appropriate decision when confronted with multiple alternatives. The purpose of the analytical MCDM techniques is to support decision makers under uncertainty and conflicting criteria while making logical decisions. The knowledge of the alternatives of the real-life problems, properties of their parameters, and the priority given to the parameters have a great effect on consequences in decision-making. In this book, the application of MCDM has been provided for the real-life problems in health and biomedical engineering issues. - Provides a comprehensive analysis and application multi-criteria decision-making methods - Presents detail information about MCDM and their usage - Covers state-of-the-art MCDM methods and offers applications of MCDM for health and biomedical engineering purposes

Management and Applications of Complex Systems
Management and Applications of Complex Systems

Author: G. Rzevski

Publisher: WIT Press

Published: 2019-03-19

Total Pages: 174

ISBN-13: 1784663670

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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.

Soft Computing for Complex Multiple Criteria Decision Making
Soft Computing for Complex Multiple Criteria Decision Making

Author: Ignacy Kaliszewski

Publisher: Springer Science & Business Media

Published: 2006-06-07

Total Pages: 183

ISBN-13: 0387301771

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This book concentrates on providing technical tools to make the user of Multiple Criteria Decision Making (MCDM) methodologies independent of bulky optimization computations. These bulky computations have been a necessary, but limiting, characteristic of interactive MCDM methodologies and algorithms. The book removes these limitations of MCDM problems by reducing a problem's computational complexity. The result is a wider and more functional general framework for presenting, teaching, implementing and applying a wide range of MCDM methodologies.

Multi-Criteria Decision Analysis for Risk Assessment and Management
Multi-Criteria Decision Analysis for Risk Assessment and Management

Author: Jingzheng Ren

Publisher: Springer Nature

Published: 2021-11-13

Total Pages: 254

ISBN-13: 3030781526

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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.