Multiple criteria decision analysis for industrial engineering methodology and applications

This textbook presents methodologies and applications associated with multiple criteria decision analysis (MCDA), especially for those students with an interest in industrial engineering. With respect to methodology, the book covers (1) problem structuring methods; (2) methods for ranking multi-dime...

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Bibliographic Details
Main Author: Evans, Gerald W. author
Format: Book
Language:English
Published: Boca Raton CRC Press, Taylor & Francis Group [2017]
Series:Operations research series 12
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Summary:This textbook presents methodologies and applications associated with multiple criteria decision analysis (MCDA), especially for those students with an interest in industrial engineering. With respect to methodology, the book covers (1) problem structuring methods; (2) methods for ranking multi-dimensional deterministic outcomes including multiattribute value theory, the analytic hierarchy process, the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), and outranking techniques; (3) goal programming,; (4) methods for describing preference structures over single and multi-dimensional probabilistic outcomes (e.g., utility functions); (5) decision trees and influence diagrams; (6) methods for determining input probability distributions for decision trees, influence diagrams, and general simulation models; and (7) the use of simulation modeling for decision analysis.
Physical Description:xiv, 800 pages illustrations 26 cm.
Bibliography:Includes bibliographical references and index
ISBN:9781498739825