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Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management

2014-10-30 Science
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Release : 2014-10-30
Genre : Science
Kind : eBook
Book Rating : 869/5 ( reviews)

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Book Synopsis Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management by : Noorul Hassan Zardari

Download or read book Weighting Methods and their Effects on Multi-Criteria Decision Making Model Outcomes in Water Resources Management written by Noorul Hassan Zardari. This book was released on 2014-10-30. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a systematic way of how to make better decisions in water resources management. The applications of three weighting methods namely rating, ranking, and ratio are discussed in this book. Additionally, data mining on keywords is presented using three popular scholarly databases: Science Direct, Scopus, and SciVerse. Four abbreviated keywords (MCDM, MCDA, MCA, MADM) representing multi-criteria decision-making were used and these three databases were searched for different popular weighting methods for a period of 13 years (2000-2012). The book provides also a review of weighting methods applied in various multi-criteria decision-making (MCDM) methods and also presents survey results on priority ranking of watershed management criteria undertaken by 30 undergraduate and postgraduate students from the Faculty of Civil Engineering, Universiti Teknologi Malaysia.

Multi-Criteria Decision-Making Techniques in Waste Management

2021-09-30 Business & Economics
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Release : 2021-09-30
Genre : Business & Economics
Kind : eBook
Book Rating : 76X/5 ( reviews)

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Book Synopsis Multi-Criteria Decision-Making Techniques in Waste Management by : Suchismita Satapathy

Download or read book Multi-Criteria Decision-Making Techniques in Waste Management written by Suchismita Satapathy. This book was released on 2021-09-30. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the problem of waste management by using multi-criteria decision-making (MCDM) methods. The authors discuss how to apply MCDM, a complex decision-making tool that involves both quantitative and qualitative factors, to develop strategies for effective waste management using various optimization models to rank alternatives, while also incorporating the concerns and needs of multiple stakeholders to find the most optimal decisions for various types of wastes. Typically, there does not exist a single optimal solution to waste problems; with help of MCDM, far better solutions can often be found and utilized to facilitate sustainable waste management techniques in various industries. This book provides unique, effective, and quick decision-making strategies for waste management. With the ever-increasing population and continuing human development, the problem of managing waste becomes increasingly essential, and this volume helps lead the way to finding sustainable solutions.

Strategic Approach in Multi-Criteria Decision Making

2019-01-29 Business & Economics
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Release : 2019-01-29
Genre : Business & Economics
Kind : eBook
Book Rating : 260/5 ( reviews)

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Book Synopsis Strategic Approach in Multi-Criteria Decision Making by : Nolberto Munier

Download or read book Strategic Approach in Multi-Criteria Decision Making written by Nolberto Munier. This book was released on 2019-01-29. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Africa Case Studies in Operations Research

2022-11-09 Business & Economics
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Release : 2022-11-09
Genre : Business & Economics
Kind : eBook
Book Rating : 083/5 ( reviews)

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Book Synopsis Africa Case Studies in Operations Research by : Hatem Masri

Download or read book Africa Case Studies in Operations Research written by Hatem Masri. This book was released on 2022-11-09. Available in PDF, EPUB and Kindle. Book excerpt: This book presents contributions to the 50th Annual Conference of the Operations Research Society of South Africa (ORSSA), which was jointly hosted with the African Federation of Operations Research Societies (AFROS) at North-West University in Potchefstroom, South Africa from 12 to 15 September, 2021. Focusing on innovative case studies and recent applications of Operations Research models and algorithms in African countries, each chapter highlights findings emerging from the countries in question and explains the lessons learned. As such, the book offers an up-to-date overview of Operations Research practices and developments in Africa. AFROS is a “not for profit” organization that aims to promote Operations Research in Africa. Its affairs are regulated by an Executive Committee consisting of representatives/alternates of all its member societies. The members of the Federation undertake to co-operate in the advancement of knowledge, interest and education in Operations Research by appropriate means, particularly the exchange of information, the holding of meetings and conferences, and the awarding of prizes.

Real Life Applications of Multiple Criteria Decision Making Techniques in Fuzzy Domain

2022-12-01 Technology & Engineering
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Release : 2022-12-01
Genre : Technology & Engineering
Kind : eBook
Book Rating : 298/5 ( reviews)

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Book Synopsis Real Life Applications of Multiple Criteria Decision Making Techniques in Fuzzy Domain by : Laxminarayan Sahoo

Download or read book Real Life Applications of Multiple Criteria Decision Making Techniques in Fuzzy Domain written by Laxminarayan Sahoo. This book was released on 2022-12-01. Available in PDF, EPUB and Kindle. Book excerpt: This edited book discusses creative and recent developments of fuzzy systems and its real-life applications of multiple criteria decision making. Keeping on the existing fuzzy sets and recent developed fuzzy sets, viz., intuitionistic fuzzy, Pythagorean fuzzy, Fermatean fuzzy, Hesitant fuzzy and multiple criteria decision approaches, this book is committed to probing the soft computing techniques and fuzzy multiple criteria decision making in favour of fuzzy intelligent system and business analytics. It also addresses novel development of fuzzy set theory as well as real-life applications of fuzzy systems. It presents challenging and useful real-world applications based on problems of decision making in various fields. The modelling and solution procedures of such real-world problems will be provided concisely although all topics start with a more developed resolution. The contributory chapters will be based on the vast research experiences of the authors in real-world decision-making problems. This book provides readers with a valuable conspectus of several decision-making problems as a reference for researchers and industrial practitioners in this field. This book will broadly cover recent development of fuzzy systems and its applications of multiple criteria decision making in the areas of management and production, manufacturing management, selections problems, group decision making, transportation and logistics, inventory control systems and interval technique/fuzzy technique (uncertainty) of the above mentioned areas.

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