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A Handbook on Multi-Attribute Decision-Making Methods

Author : Omid Bozorg-Haddad
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 23,66 MB
Release : 2021-04-06
Category : Business & Economics
ISBN : 1119563496

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Clear and effective instruction on MADM methods for students, researchers, and practitioners. A Handbook on Multi-Attribute Decision-Making Methods describes multi-attribute decision-making (MADM) methods and provides step-by-step guidelines for applying them. The authors describe the most important MADM methods and provide an assessment of their performance in solving problems across disciplines. After offering an overview of decision-making and its fundamental concepts, this book covers 20 leading MADM methods and contains an appendix on weight assignment methods. Chapters are arranged with optimal learning in mind, so you can easily engage with the content found in each chapter. Dedicated readers may go through the entire book to gain a deep understanding of MADM methods and their theoretical foundation, and others may choose to review only specific chapters. Each standalone chapter contains a brief description of prerequisite materials, methods, and mathematical concepts needed to cover its content, so you will not face any difficulty understanding single chapters. Each chapter: Describes, step-by-step, a specific MADM method, or in some cases a family of methods Contains a thorough literature review for each MADM method, supported with numerous examples of the method's implementation in various fields Provides a detailed yet concise description of each method's theoretical foundation Maps each method's philosophical basis to its corresponding mathematical framework Demonstrates how to implement each MADM method to real-world problems in a variety of disciplines In MADM methods, stakeholders' objectives are expressible through a set of often conflicting criteria, making this family of decision-making approaches relevant to a wide range of situations. A Handbook on Multi-Attribute Decision-Making Methods compiles and explains the most important methodologies in a clear and systematic manner, perfect for students and professionals whose work involves operations research and decision making.

Multiattribute Decision Modeling Techniques

Author : Jonathan C. Fast
Publisher :
Page : 72 pages
File Size : 36,18 MB
Release : 1988
Category : Multiple criteria decision making
ISBN :

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This research developed a taxonomy of decision modeling techniques and accomplished a comparative analysis of two techniques developed and used by the Air Force in the areas of personnel selection, job classification, and promotion. The two techniques, policy capturing and policy specifying, were shown to have several characteristics which allowed them to be aligned with existing decision analytical theory. A set of criteria for evaluating the usefulness of particular technique in a particular decision context was developed, and four techniques were selected for more detailed study and evaluation. The four were: policy capturing, policy specifying, Simple Multiattribute Rating Technique (SMART), and Hierarchical Additive Weighting Method (HAWM). The last two were, respectively, examples of utility assessment and hierarchical decision models. A panel of experts rated each technique over the set of 16 criteria, first without regard to decision context. The panel then rated the match between each of the four techniques and the need for particular criteria in each of three Air Force decision contexts: person-job match, promotion and research and development project prioritization. Results of the ratings are presented and suggestions made for enhancing the Air Force's ability to conduct decision analytical studies. (KR).

Multi-objective Group Decision Making

Author : Jie Lu
Publisher : Imperial College Press
Page : 407 pages
File Size : 16,64 MB
Release : 2007
Category : Business & Economics
ISBN : 1860948596

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This book proposes a set of models to describe fuzzy multi-objective decision making (MODM), fuzzy multi-criteria decision making (MCDM), fuzzy group decision making (GDM) and fuzzy multi-objective group decision-making problems, respectively. It also gives a set of related methods (including algorithms) to solve these problems. One distinguishing feature of this book is that it provides two decision support systems software for readers to apply these proposed methods. A set of real-world applications and some new directions in this area are then described to further instruct readers how to use these methods and software in their practice.

Encyclopedia of Quality of Life and Well-Being Research

Author : Alex C. Michalos
Publisher : Springer
Page : 7347 pages
File Size : 31,69 MB
Release : 2014-02-12
Category : Social Science
ISBN : 9789400707528

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The aim of this encyclopedia is to provide a comprehensive reference work on scientific and other scholarly research on the quality of life, including health-related quality of life research or also called patient-reported outcomes research. Since the 1960s two overlapping but fairly distinct research communities and traditions have developed concerning ideas about the quality of life, individually and collectively, one with a fairly narrow focus on health-related issues and one with a quite broad focus. In many ways, the central issues of these fields have roots extending to the observations and speculations of ancient philosophers, creating a continuous exploration by diverse explorers in diverse historic and cultural circumstances over several centuries of the qualities of human existence. What we have not had so far is a single, multidimensional reference work connecting the most salient and important contributions to the relevant fields. Entries are organized alphabetically and cover basic concepts, relatively well established facts, lawlike and causal relations, theories, methods, standardized tests, biographic entries on significant figures, organizational profiles, indicators and indexes of qualities of individuals and of communities of diverse sizes, including rural areas, towns, cities, counties, provinces, states, regions, countries and groups of countries.

Multi-Level Decision Making

Author : Guangquan Zhang
Publisher : Springer
Page : 385 pages
File Size : 17,72 MB
Release : 2015-02-07
Category : Technology & Engineering
ISBN : 3662460599

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This monograph presents new developments in multi-level decision-making theory, technique and method in both modeling and solution issues. It especially presents how a decision support system can support managers in reaching a solution to a multi-level decision problem in practice. This monograph combines decision theories, methods, algorithms and applications effectively. It discusses in detail the models and solution algorithms of each issue of bi-level and tri-level decision-making, such as multi-leaders, multi-followers, multi-objectives, rule-set-based, and fuzzy parameters. Potential readers include organizational managers and practicing professionals, who can use the methods and software provided to solve their real decision problems; PhD students and researchers in the areas of bi-level and multi-level decision-making and decision support systems; students at an advanced undergraduate, master’s level in information systems, business administration, or the application of computer science.

Multi-criteria decision models for forestry and natural resources management

Author : Joseph Edward De Steiguer
Publisher :
Page : 40 pages
File Size : 22,74 MB
Release : 2003
Category : Forests and forestry
ISBN :

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Foresters and natural resource managers must balance conflicting objectives when developing land-management plans. Conflicts may encompass economic, environmental, social, cultural, technical, and aesthetic objectives. Selecting the best combination of management uses from numerous objectives is difficult and challenging. Multi-Criteria Decision Models (MCDM) provide a systematic means for comparing tradeoffs and selecting alternatives that best satisfy the decisionmakergass objectives. In recent years, the use of MCDM in forestry and natural resources management has generated a substantial body of literature. This annotated bibliography includes 124 important references ranging from theoretical studies to real-world applications of MCDM.

Uncertain Multi-Attribute Decision Making

Author : Zeshui Xu
Publisher : Springer
Page : 375 pages
File Size : 50,27 MB
Release : 2015-02-05
Category : Business & Economics
ISBN : 3662456400

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This book introduces methods for uncertain multi-attribute decision making including uncertain multi-attribute group decision making and their applications to supply chain management, investment decision making, personnel assessment, redesigning products, maintenance services, military system efficiency evaluation. Multi-attribute decision making, also known as multi-objective decision making with finite alternatives, is an important component of modern decision science. The theory and methods of multi-attribute decision making have been extensively applied in engineering, economics, management and military contexts, such as venture capital project evaluation, facility location, bidding, development ranking of industrial sectors and so on. Over the last few decades, great attention has been paid to research on multi-attribute decision making in uncertain settings, due to the increasing complexity and uncertainty of supposedly objective aspects and the fuzziness of human thought. This book can be used as a reference guide for researchers and practitioners working in e.g. the fields of operations research, information science, management science and engineering. It can also be used as a textbook for postgraduate and senior undergraduate students.

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

Author : Edmundas Kazimieras Zavadskas
Publisher : MDPI
Page : 320 pages
File Size : 43,29 MB
Release : 2019-03-08
Category : Technology & Engineering
ISBN : 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.