Multiple Criteria Decision-Making Methods: Applications for Managerial Discretion

Adarsh Anand; Mohini Agarwal; Deepti Aggrawal

Book

Multiple Criteria Decision-Making Methods

Applications for Managerial Discretion

Adarsh Anand , Mohini Agarwal and Deepti Aggrawal

Language: English

Published/Copyright: 2022

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This book is in the series

Volume 14 | De Gruyter Series on the Applications of Mathematics in Engineering and Information Sciences

About this book

This book provides application of multi criteria decision making techniques for managerial discretion. With this book, a concerted platform has been provided for several peers and other management organizations to understand and implement these tools and deal with the practical problems in a better way so as to provide more robust managerial decision making.

Author / Editor information

A. Anand and D. Aggrawal, University of Dehli, India; M. Agarwal, Amity University, India.

Topics

Frontmatter Publicly Available Download PDF	I
Acknowledgements Publicly Available Download PDF	VII
Preface Publicly Available Download PDF	IX
Contents Publicly Available Download PDF	XI
Editors’ biography Publicly Available Download PDF	XV
Chapter 1 Introduction to multi-criteria decision-making process Requires Authentication Unlicensed Licensed	1
Section 1: Determination of criteria weights
Chapter 2 Determining weights using analytic hierarchy process (AHP) Requires Authentication Unlicensed Licensed	13
Chapter 3 Weight determination using best-worst method Requires Authentication Unlicensed Licensed	21
Chapter 4 CRITIC method for weight determination Requires Authentication Unlicensed Licensed	25
Chapter 5 Entropy method for weight determination Requires Authentication Unlicensed Licensed	31
Section 2: Finding the ranking of alternatives
Chapter 6 Additive ratio assessment (ARAS) for best alternative selection Requires Authentication Unlicensed Licensed	37
Chapter 7 Combinative distance-based assessment (CODAS) for decision-making Requires Authentication Unlicensed Licensed	45
Chapter 8 Application of complex proportional assessment (COPRAS) for filtering Requires Authentication Unlicensed Licensed	53
Chapter 9 Utilizing evaluation based on distance from average solution (EDAS) for decision-making Requires Authentication Unlicensed Licensed	59
Chapter 10 Grey Relational Analysis (GRA) for optimal model selection Requires Authentication Unlicensed Licensed	65
Chapter 11 Using multi-objective optimization based on ratio analysis for decision-making Requires Authentication Unlicensed Licensed	71
Chapter 12 Preference Ranking Organization Method for Enrichment Evaluation (PROMETHEE-I and II) Requires Authentication Unlicensed Licensed	79
Chapter 13 Preference Selection Index (PSI) for optimal alternative selection Requires Authentication Unlicensed Licensed	89
Chapter 14 Utilizing simple additive weighting (SAW) method for managerial discretion Requires Authentication Unlicensed Licensed	95
Chapter 15 Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) for best model selection Requires Authentication Unlicensed Licensed	101
Chapter 16 VIseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) for optimal model selection Requires Authentication Unlicensed Licensed	107
Section 3: Some other useful MCDM techniques
Chapter 17 Analytic Network Process (ANP) method Requires Authentication Unlicensed Licensed	113
Chapter 18 Selecting best alternative through Data Envelopment Analysis (DEA) method Requires Authentication Unlicensed Licensed	123
Chapter 19 Decision-making trial and evaluation laboratory method Requires Authentication Unlicensed Licensed	137
Index Requires Authentication Unlicensed Licensed	143

Publishing information

Pages and Images/Illustrations in book

eBook published on:

October 24, 2022

eBook ISBN:

9783110743630

Hardcover published on:

October 24, 2022

Hardcover ISBN:

9783110743562

Pages and Images/Illustrations in book

Front matter:

14

Main content:

142

Illustrations:

2

Coloured Illustrations:

3

Tables:

116

https://doi.org/10.1515/9783110743630

eBook ISBN: 9783110743630

Hardcover ISBN: 9783110743562

Keywords for this book

Applied Mathemathics; Modelling; Multicriteria-Decision

Audience(s) for this book

Researchers, Graduate Students, Academic Libraries, Professionals and Developers.

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Manufacturer information:
Walter de Gruyter GmbH
Genthiner Straße 13
10785 Berlin
productsafety@degruyterbrill.com

Multiple Criteria Decision-Making Methods

Overview

About this book

Author / Editor information

Topics

Table of contents

Bibliographic data