A Strategy for Using Multicriteria Analysis in Decision-Making

A Strategy for Using Multicriteria Analysis in Decision-Making
Author: Nolberto Munier
Publisher: Springer
Total Pages: 0
Release: 2014-11-25
Genre: Science
ISBN: 9789401784429

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
Author: Nolberto Munier
Publisher: Springer Science & Business Media
Total Pages: 315
Release: 2011-07-10
Genre: Science
ISBN: 9400715129

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
Author: Nolberto Munier
Publisher:
Total Pages:
Release: 2019
Genre: Decision making
ISBN: 9783030027278

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.

Decision Making Applications in Modern Power Systems

Decision Making Applications in Modern Power Systems
Author: Shady Abdel Aleem
Publisher: Academic Press
Total Pages: 578
Release: 2019-09-21
Genre: Science
ISBN: 0128166266

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

Handbook of Multicriteria Analysis

Handbook of Multicriteria Analysis
Author: Constantin Zopounidis
Publisher: Springer Science & Business Media
Total Pages: 472
Release: 2010-05-25
Genre: Business & Economics
ISBN: 3540928286

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.

Multi-Criteria Decision Modelling

Multi-Criteria Decision Modelling
Author: Rahul Sindhwani
Publisher: CRC Press
Total Pages: 223
Release: 2021-08-01
Genre: Business & Economics
ISBN: 1000420957

This book examines Multi-Criteria Decision Modelling (MCDM) methodologies and facilitates diverse ways for strategic decision-making in a variety of practical applications. This book also provides a pragmatic foundation for solving real-life problems in different scenarios of emerging global markets. Multi-Criteria Decision Modelling: Applicational Techniques and Case Studies depicts the use of sensitivity analysis and modelling and includes case studies to understand and illustrate challenging concepts. It also offers step-by-step comprehensive methodologies for the utilization of MCDM to a variety of situations. The book deliberates ways for companies to use these methods to their advantage in order to achieve sustainability. Furthermore, it also presents an overview of the major streams of thought and provides a holistic view of the latest research and development trends in modelling and optimization. FEATURES Offers a stepwise comprehensive methodology for the application of MCDM to a variety of situations Presents an overview of the major streams of thought present in the MCDM technique Provides a holistic view of the latest research and development trends in the emerging markets in terms of modelling and optimization using MCDM for different industrial sectors Illuminates a practical foundation in order to provide a guide to address the problems of emerging markets Enlightens the ways for companies to use these methods to their advantage to be able to achieve sustainability This book is a guide for those performing decision analysis for academic purposes as well as for researchers aspiring to expand their knowledge on MCDM problem solving.

Environmental Software Systems. Fostering Information Sharing

Environmental Software Systems. Fostering Information Sharing
Author: Jiří Hřebíček
Publisher: Springer
Total Pages: 721
Release: 2013-09-08
Genre: Computers
ISBN: 3642411517

This book constitutes the refereed proceedings of the 10th IFIP WG 5.11 International Symposium on Environmental Software Systems, ISESS 2013, held in Neusiedl am See, Austria, in June 2013. The 65 revised full papers presented were carefully reviewed and selected from numerous submissions. The papers are organized in the following topical sections: environmental application in the scope of the future Internet; smart and mobile devices used for environmental applications; information tools for global environmental assessment; environmental applications in risk and crises management; SEIS as a part of the 7th environment action programme of EU; human interaction and human factors driving future EIS/EDSS developments; environmental management/-accounting and -statistics; and information systems and applications.

Data-Guided Healthcare Decision Making

Data-Guided Healthcare Decision Making
Author: Ramalingam Shanmugam
Publisher: Cambridge University Press
Total Pages: 529
Release: 2023-05-31
Genre: Medical
ISBN: 100921201X

This book effectively exposes and illustrates the ideas and tools for optimal healthcare decisions taken from evidence.

Sustainable Solid Waste Management

Sustainable Solid Waste Management
Author: Ni-Bin Chang
Publisher: John Wiley & Sons
Total Pages: 930
Release: 2015-03-16
Genre: Technology & Engineering
ISBN: 1118456912

This book presents the application of system analysis techniques with case studies to help readers learn how the techniques can be applied, how the problems are solved, and which sustainable management strategies can be reached.