Multiple Objective Decision Making Methods And Applications
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Multiple Objective Decision Making Methods And Applications
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Author : C.-L. Hwang
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Multiple Objective Decision Making Methods And Applications written by C.-L. Hwang and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Decision making is the process of selecting a possible course of action from all the available alternatives. In almost all such problems the multiplicity of criteria for judging the alternatives is pervasive. That is, for many such problems, the decision maker (OM) wants to attain more than one objective or goal in selecting the course of action while satisfying the constraints dictated by environment, processes, and resources. Another characteristic of these problems is that the objectives are apparently non commensurable. Mathematically, these problems can be represented as: (1. 1 ) subject to: gi(~) ~ 0, ,', . . . ,. ! where ~ is an n dimensional decision variable vector. The problem consists of n decision variables, m constraints and k objectives. Any or all of the functions may be nonlinear. In literature this problem is often referred to as a vector maximum problem (VMP). Traditionally there are two approaches for solving the VMP. One of them is to optimize one of the objectives while appending the other objectives to a constraint set so that the optimal solution would satisfy these objectives at least up to a predetermined level. The problem is given as: Max f. ~) 1 (1. 2) subject to: where at is any acceptable predetermined level for objective t. The other approach is to optimize a super-objective function created by multiplying each 2 objective function with a suitable weight and then by adding them together.
Multiple Objective Decision Making Methods And Applications
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Author : Ching Lai Hwang
language : en
Publisher:
Release Date : 1979
Multiple Objective Decision Making Methods And Applications written by Ching Lai Hwang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with categories.
Multiobjective Decision Making
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Author : Vira Chankong
language : en
Publisher: Courier Dover Publications
Release Date : 2008-02-04
Multiobjective Decision Making written by Vira Chankong and has been published by Courier Dover Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-02-04 with Technology & Engineering categories.
This first-rate text explores the theory and methodology of systems engineering in evaluating alternative courses of action and associated decision-making policies. It treats criteria as multidimensional, rather than scalar, in the development of normative theories. These contribute to a behavioral theory of decision making and provide guidance for exercising judgment. An introductory discussion of the systemic approach to judgment and decision is followed by explorations of psychological value measurements, utility, classical decision analysis, and vector optimization theory. The second section chiefly deals with methods of assessing and evaluating alternatives, including both noninteractive and interactive methods. A taxonomy and a comparative evaluation of methods conclude the text.
Multiple Objective Decision Making Methods And Applications
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Author : Ching-Lai Hwang
language : en
Publisher: Springer
Release Date : 1979
Multiple Objective Decision Making Methods And Applications written by Ching-Lai Hwang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Decision making categories.
Fuzzy Multiple Objective Decision Making
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Author : Gwo-Hshiung Tzeng
language : en
Publisher: CRC Press
Release Date : 2013-08-09
Fuzzy Multiple Objective Decision Making written by Gwo-Hshiung Tzeng and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-09 with Business & Economics categories.
Multi-objective programming (MOP) can simultaneously optimize multi-objectives in mathematical programming models, but the optimization of multi-objectives triggers the issue of Pareto solutions and complicates the derived answers. To address these problems, researchers often incorporate the concepts of fuzzy sets and evolutionary algorithms into MOP models. Focusing on the methodologies and applications of this field, Fuzzy Multiple Objective Decision Making presents mathematical tools for complex decision making. The first part of the book introduces the most popular methods used to calculate the solution of MOP in the field of multiple objective decision making (MODM). The authors describe multi-objective evolutionary algorithms; expand de novo programming to changeable spaces, such as decision and objective spaces; and cover network data envelopment analysis. The second part focuses on various applications, giving readers a practical, in-depth understanding of MODM. A follow-up to the authors’ Multiple Attribute Decision Making: Methods and Applications, this book guides practitioners in using MODM methods to make effective decisions. It also extends students’ knowledge of the methods and provides researchers with the foundation to publish papers in operations research and management science journals.
New Methods And Applications In Multiple Attribute Decision Making Madm
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Author : Alireza Alinezhad
language : en
Publisher: Springer Nature
Release Date : 2019-08-23
New Methods And Applications In Multiple Attribute Decision Making Madm written by Alireza Alinezhad and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-23 with Business & Economics categories.
This book presents 27 methods of the Multiple Attribute Decision Making (MADM), which are not discussed in the existing books, nor studied in details, using more applications. Nowadays, decision making is one of the most important and fundamental tasks of management as an organizational goal achievement that depends on its quality. Decision making includes the correct expression of objectives, determining different and possible solutions, evaluating their feasibility, assessing the consequences, and the results of implementing each solution, and finally, selecting and implementing the solution. Multiple Criteria Decision Making (MCDM) is sum of the decision making techniques. MCDM is divided into the Multiple Objective Decision Making (MODM) for designing the best solution and MADM for selecting the best alternative. Given that the applications of MADM are mostly more than MODM, wide various techniques have been developed for MADM by researchers over the last 60 years, and the current book introduces some of the other new MADM methods.
Multiple Attribute Decision Making
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Author : Gwo-Hshiung Tzeng
language : en
Publisher: CRC Press
Release Date : 2011-06-22
Multiple Attribute Decision Making written by Gwo-Hshiung Tzeng and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-22 with Business & Economics categories.
Decision makers are often faced with several conflicting alternatives. How do they evaluate trade-offs when there are more than three criteria? To help people make optimal decisions, scholars in the discipline of multiple criteria decision making (MCDM) continue to develop new methods for structuring preferences and determining the correct relative
Multi Objective Group Decision Making
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Author : Jie Lu
language : en
Publisher: World Scientific
Release Date : 2007-05-10
Multi Objective Group Decision Making written by Jie Lu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-05-10 with Computers categories.
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. Contents: Decision Making, Decision Support Systems, and Fuzzy Sets:Decision MakingMulti-Objective and Multi-Attribute Decision MakingGroup Decision MakingDecision Support SystemsFuzzy Sets and SystemsFuzzy Multi-Objective Decision Making:Fuzzy MODM ModelsFuzzy MODM MethodsFuzzy Multi-Objective DSSFuzzy Group Decision Making:Fuzzy MCDMFuzzy Group Decision MakingA Web-Based Fuzzy Group DSSFuzzy Multi-Objective Group Decision Making:Multi-Objective Group DSSFuzzy Multi-Objective Group DSSApplications:Environmental Economic Load DispatchTeam Situation AwarenessReverse Logistics Management Readership: Final year undergraduates, graduate and postgraduate students in business management, computer science, fuzzy logic, artificial intelligence and related areas. Keywords:Multi-Objective Decision Making;Group Decision Making;Multi-Criteria Decision Making;Decision Support Systems;Fuzzy SetKey Features:Describes a complete set of models, methods and algorithms with fuzzy set techniques not only for solving fuzzy MODM, fuzzy MCDM and fuzzy GDM problems, but also for solving general MODM, MCDM and GDM problemsFeatures two decision support systems (DSSs) for a fuzzy multi-objective DSS and a fuzzy group DSS on how to apply, design and implement such kinds of DSSs in practiceHighlights various applications of proposed decision-making methods and DSS software including power markets, team situation awareness, and logistics management, from the practical point of viewReveals new directions of DSSs — online customer DSSs and perceptive DSSs
Fuzzy Multiple Objective Decision Making
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Author : Young-Jou Lai
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Fuzzy Multiple Objective Decision Making written by Young-Jou Lai and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Mathematics categories.
In the last 25 years, the fuzzy set theory has been applied in many disciplines such as operations research, management science, control theory, artificial intelligence/expert system, etc. In this volume, methods and applications of crisp, fuzzy and possibilistic multiple objective decision making are first systematically and thoroughly reviewed and classified. This state-of-the-art survey provides readers with a capsule look into the existing methods, and their characteristics and applicability to analysis of fuzzy and possibilistic programming problems. To realize practical fuzzy modelling, it presents solutions for real-world problems including production/manufacturing, location, logistics, environment management, banking/finance, personnel, marketing, accounting, agriculture economics and data analysis. This book is a guided tour through the literature in the rapidly growing fields of operations research and decision making and includes the most up-to-date bibliographical listing of literature on the topic.
Multiple Attribute Decision Making
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Author : Ching-Lai Hwang
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Multiple Attribute Decision Making written by Ching-Lai Hwang and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This mono graph is intended for an advanced undergraduate or graduate course as weIl as for the researchers who want a compilation of developments in this rapidly growing field of operations research. This is a sequel to our previous work entitled "Multiple Objective Decision Making--Methods and Applications: A State-of-the-Art Survey," (No. 164 of the Lecture Notes). The literature on methods and applications of Multiple Attribute Decision Making (MADM) has been reviewed and classified systematically. This study provides readers with a capsule look into the existing methods, their char acteristics, and applicability to analysis of MADM problems. The basic MADM concepts are defined and a standard notation is introduced in Part 11. Also introduced are foundations such as models for MADM, trans formation of attributes, fuzzy decision rules, and methods for assessing weight. A system of classifying seventeen major MADM methods is presented. These methods have been proposed by researchers in diversified disciplines; half of them are classical ones, but the other half have appeared recently. The basic concept, the computational procedure, and the characteristics of each of these methods are presented concisely in Part 111. The computational procedure of each method is illustrated by solving a simple numerical example. Part IV of the survey deals with the applications of these MADM methods.