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New Methods and Applications in Multiple Attribute Decision Making (MADM)
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.
The Art of Benchmarking
Benchmarking is considered a must for modern management. This book presents an approach to benchmarking that has a solid mathematical basis and is easy to understand and apply. The book focuses on three main topics. It shows how to formalize the representation of benchmarking objects. Furthermore, it presents different methods from decision making and voting and their application to benchmarking. Finally, it discusses suitable features for different benchmarking objects. The objects considered are taken from IT management, but can be easily transferred to other business areas, which makes the book interesting for all practitioners in the management field.
Decision-Making Models and Applications in Manufacturing Environments
Multi-criteria decision-making (MCDM) has gained vast popularity for its ability to help make decisions in the presence of various similar and conflicting choices.This new volume applies the MCDM theory to solving problems and challenges in manufacturing environments. It discusses using MCDM computational methods to evaluate and select the most optimal solution or method for real-world, real-time manufacutring engineering issues. It details the decision-making process in relation materials selection; identification, assessment, and evaluation of risk; sustainability assessment; selection of green suppliers; and more. The chapter authors demonstrate the application of myriad MCDM techniques i...
Introduction and Comparison of Data Envelopment Analysis Software Packages
"This book presents and compares 11 software packages of Data Envelopment Analysis (DEA). Performance measurement is done by various methods, one of which is DEA. Due to the ability of DEA models to meet practical requirements, extensive research can be conducted in the fields of mathematics, management, economics, and engineering. Therefore, during recent decades, the use of this method has been considered with significant growth among researchers. DEA evaluates the performance of Decision Making Units (DMUs) by using linear programming. Since linear programming should be solved for each DMU, performance measurement for a large number of DMUs is difficult and time-consuming. For this purpose, various software packages have been designed and developed to address these problems. Each of these software's is designed for different purposes and has different features and applications. The main objectives of this book are to introduce, express the advantages and disadvantages of each of these software packages, as well as their comparisons"--
Communication and Intelligent Systems
This book gathers selected research papers presented at the Fourth International Conference on Communication and Intelligent Systems (ICCIS 2022), organized by the National Institute of Technology, Delhi, India, during December 19–20, 2022. This book presents a collection of state-of-the-art research work involving cutting-edge technologies for communication and intelligent systems. Over the past few years, advances in artificial intelligence and machine learning have sparked new research efforts around the globe, which explore novel ways of developing intelligent systems and smart communication technologies. The book presents single- and multi-disciplinary research on these themes in order to make the latest results available in a single, readily accessible source. The work is presented in two volumes.
Fuzzy TOPSIS
This book aims to justify the use of fuzzy logic as a logic and as an uncertainty theory in the decision-making context. It also discusses the development of the TOPSIS method (Technique for Order of Preference by Similarity to Ideal Solution) with related examples and MATLAB codes. This is the first book devoted to TOPSIS and its fuzzy versions. It presents the use of fuzzy logic as a logic and as an uncertainty theory in the decision-making content and discusses the development of the TOPSIS method in classical and fuzzy context. The book justifies the use of fuzzy logic as an uncertainty theory and provides illustrative examples for each fuzzy TOPSIS extension, along with related MATLAB codes and case studies. This book is for industrial engineers, operations research engineers, systems engineers, and production engineers working in the areas of decision analysis, multi-criteria decision making, and multiple objective optimization.
Influencing Customer Demand
In today’s competitive markets, considering the demand and the supply chain sides is crucial to keeping revenue and customer satisfaction maximized. Managing and planning demand play a vital role in the sustainability of a company. This is the first book to the discuss managerial, mathematical, and conceptual framework of influencing factors on demand along with accurate mathematical analyses to evaluate and raise revenue. The book provides an understanding of the key elements that impact buyer demand. It presents the mathematical relationship between the influencing factors and the demand functions. It discusses the methods used for inspiring demand, how to measure demand dependency on components such as price, quality, and inventory, and it helps management improve alignment between supply and demand by affecting the level and understanding of the role within supply chain management (SCM). This book is applicable for the professional as well as for academia. It can help those working in SCM, project management, production, inventory control, scheduling, engineering management, retail management, and operations management.
Advanced Problem Solving Using Maple
Advanced Problem Solving Using MapleTM: Applied Mathematics, Operations Research, Business Analytics, and Decision Analysis applies the mathematical modeling process by formulating, building, solving, analyzing, and criticizing mathematical models. Scenarios are developed within the scope of the problem-solving process. The text focuses on discrete dynamical systems, optimization techniques, single-variable unconstrained optimization and applied problems, and numerical search methods. Additional coverage includes multivariable unconstrained and constrained techniques. Linear algebra techniques to model and solve problems such as the Leontief model, and advanced regression techniques includin...
Introduction and Comparison of Data Envelopment Analysis Software Packages
"This book presents and compares 11 software packages of Data Envelopment Analysis (DEA). Performance measurement is done by various methods, one of which is DEA. Due to the ability of DEA models to meet practical requirements, extensive research can be conducted in the fields of mathematics, management, economics, and engineering. Therefore, during recent decades, the use of this method has been considered with significant growth among researchers. DEA evaluates the performance of Decision Making Units (DMUs) by using linear programming. Since linear programming should be solved for each DMU, performance measurement for a large number of DMUs is difficult and time-consuming. For this purpose, various software packages have been designed and developed to address these problems. Each of these software's is designed for different purposes and has different features and applications. The main objectives of this book are to introduce, express the advantages and disadvantages of each of these software packages, as well as their comparisons"--
Entscheidungsunterstützung zur Planung und Bewertung nachhaltiger industrieller Wertschöpfungsketten – dargestellt am Beispiel von Fahrzeugteilen
Unternehmen befinden sich derzeit in einer Transformation zum nachhaltigeren, vor allem klimaneutralen Wirtschaften. Wesentlich dabei ist die Identifikation von Stellhebeln sowie die technoökonomische und ökologische Bewertung möglicher Maßnahmen. In dieser Arbeit wurde ein Entscheidungsunterstützungssystem entwickelt, mit dem Wertschöpfungsketten klimafreundlicher und zugleich wirtschaftlich konfiguriert werden können. Eine Anwendung erfolgt in Fallstudien zur Automobil- und Zulieferindustrie. - Companies are currently in a transformation towards a more sustainable, especially climate-neutral business. The identification of drivers as well as the techno-economic and ecological evaluation of possible measures are essential in this process. In this work, a decision support system was developed to configure industrial value chains in a more climate-friendly and at the same time economical way. The decision support system is applied in case studies of the automotive and supplier industry.
