Multi-Criteria Decision Making Methods : A Comparative Study

A Comparative Study

By: Evangelos Triantaphyllou

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Hardcover | 1 January 2001

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324 Pages

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24.77 x 16.51 x 2.54

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Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones.
This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist.
Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.

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You Can Find This Book In

Non-Fiction Reference, Information & Interdisciplinary Subjects Research & Information Decision Theory Business & Management Management & Management Techniques Management Decision Making Medicine Medicine in General Entrepreneurship / Start-ups Engineering & Technology Mechanical Engineering & Materials

Production & Industrial Engineering Mathematics Optimisation Linear Programming Operational Research

List of Figures
List of Tables
Foreword
Preface
Acknowledgments
Introduction to Multi-Criteria Decision Making	p. 1
Multi-Criteria, Decision Making Methods	p. 5
Quantification of Qualitative Data for MCDM Problems	p. 23
Deriving Relative Weights from Ratio Comparisons	p. 57
Deriving Relative Weights from Difference Comparisons	p. 73
A Decomposition Approach for Evaluating Relative Weights Derived from Comparisons	p. 87
Reduction of Pairwise Comparisons Via a Duality Approach	p. 115
A Sensitivity Analysis Approach for MCDM Methods	p. 131
Evaluation of Methods for Processing a Decision Matrix and Some Cases of Ranking Abnormalities	p. 177
A Computational Evaluation of the Original and the Revised AHP	p. 201
More Cases of Ranking Abnormalities When Some MCDM Methods Are Used	p. 213
Fuzzy Sets and Their Operations	p. 235
Fuzzy Multi-Criteria Decision Making	p. 241
Conclusions and Discussion for Future Research	p. 263
References	p. 267
Subject Index	p. 275
Author Index	p. 283
About the Author	p. 289
Table of Contents provided by Blackwell. All Rights Reserved.

Multi-Criteria Decision Making Methods : A Comparative Study

A Comparative Study

At a Glance

Hardcover

Shipping

How to return your order

Defective items

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