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Multi-Criteria Decision Analysis for Risk Assessment and Management

Multi-Criteria Decision Analysis for Risk Assessment and Management PDF Author: Jingzheng Ren
Publisher: Springer
ISBN: 9783030781514
Category : Science
Languages : en
Pages : 252
Book Description
This book provides in-depth guidance on how to use multi-criteria decision analysis methods for risk assessment and risk management. The frontiers of engineering operations management methods for identifying the risks, investigating their roles, analyzing the complex cause-effect relationships, and proposing countermeasures for risk mitigation are presented in this book. There is a total of ten chapters, mainly including the indicators and organizational models for risk assessment, the integrated Bayesian Best-Worst method and classifiable TOPSIS model for risk assessment, new risk prioritization model, fuzzy risk assessment under uncertainties, assessment of COVID-19 transmission risk based on fuzzy inference system, risk assessment and mitigation based on simulation output analysis, energy supply risk analysis, risk assessment and management in cash-in-transit vehicle routing problems, and sustainability risks of resource-exhausted cities. The most significant feature of this book is that it provides various systematic multi-criteria decision analysis methods for risk assessment and management, and illustrates the application of these methods in different fields. This book is beneficial to policymakers, decision-makers, experts, researchers and students related to risk assessment and management.

Multi-Criteria Decision Analysis for Risk Assessment and Management

Multi-Criteria Decision Analysis for Risk Assessment and Management PDF Author: Jingzheng Ren
Publisher: Springer
ISBN: 9783030781514
Category : Science
Languages : en
Pages : 252
Book Description
This book provides in-depth guidance on how to use multi-criteria decision analysis methods for risk assessment and risk management. The frontiers of engineering operations management methods for identifying the risks, investigating their roles, analyzing the complex cause-effect relationships, and proposing countermeasures for risk mitigation are presented in this book. There is a total of ten chapters, mainly including the indicators and organizational models for risk assessment, the integrated Bayesian Best-Worst method and classifiable TOPSIS model for risk assessment, new risk prioritization model, fuzzy risk assessment under uncertainties, assessment of COVID-19 transmission risk based on fuzzy inference system, risk assessment and mitigation based on simulation output analysis, energy supply risk analysis, risk assessment and management in cash-in-transit vehicle routing problems, and sustainability risks of resource-exhausted cities. The most significant feature of this book is that it provides various systematic multi-criteria decision analysis methods for risk assessment and management, and illustrates the application of these methods in different fields. This book is beneficial to policymakers, decision-makers, experts, researchers and students related to risk assessment and management.

Multi-criteria Decision Analysis

Multi-criteria Decision Analysis PDF Author: Alessio Ishizaka
Publisher: John Wiley & Sons
ISBN: 1118644913
Category : Mathematics
Languages : en
Pages : 312
Book Description
This book presents an introduction to MCDA followed by more detailed chapters about each of the leading methods used in this field. Comparison of methods and software is also featured to enable readers to choose the most appropriate method needed in their research. Worked examples as well as the software featured in the book are available on an accompanying website.

Multi-Criteria Decision Analysis in Management

Multi-Criteria Decision Analysis in Management PDF Author: Abhishek Behl
Publisher:
ISBN: 9781799822172
Category : Decision making
Languages : en
Pages :
Book Description
"This book provides insights into the rationale behind using MCDM techniques to solve decision-making problems and provides comprehensive discussions on these techniques from their inception, development, and growth to their advancements and applications"--

Using Multi-Criteria Decision Analysis in Natural Resource Management

Using Multi-Criteria Decision Analysis in Natural Resource Management PDF Author: PROFESSOR TONY. PRATO
Publisher: Routledge
ISBN: 9781138378964
Category :
Languages : en
Pages : 256
Book Description
Providing useful insights on the use of Multi-Criteria Decision Analysis (MCDA) in natural resource management, this book examines a number of empirical applications for several countries and a variety of natural resources. It is shown that using MCDA in the management of water, forestry, wetland and other natural resources can substantially improve the design and implementation of natural resource and environmental policies. Stakeholder involvement is also an important determinant of successful resource management and MCDA provides a useful and effective framework for getting stakeholders involved in resource management decisions. Using Multi-Criteria Decision Analysis in Natural Resource Management gives in-depth analysis of the potential problems in applying these techniques, including difficulties eliciting required information, lack of suitable measures for environmental variables and the need to develop innovative methods to simplify the use of MCDA.

Multi-Criteria Decision Analysis in Management

Multi-Criteria Decision Analysis in Management PDF Author: Behl, Abhishek
Publisher: IGI Global
ISBN: 1799822184
Category : Business & Economics
Languages : en
Pages : 422
Book Description
Multi-criteria decision making (MCDM) has been extensively used in diverse disciplines, with a variety of MCDM techniques used to solve complex problems. A primary challenge faced by research scholars is to decode these techniques using detailed step-by-step analysis with case studies and data sets. The scope of such work would help decision makers to understand the process of using MCDM techniques appropriately to solve complex issues without making mistakes. Multi-Criteria Decision Analysis in Management provides innovative insights into the rationale behind using MCDM techniques to solve decision-making problems and provides comprehensive discussions on these techniques from their inception, development, and growth to their advancements and applications. The content within this publication examines hybrid multicriteria models, value theory, and data envelopment. Ideal for researchers, management professionals, students, operations scholars, and academicians, this scholarly work supports and enhances the decision-making process.

Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design

Multi-criteria Decision Analysis for Supporting the Selection of Engineering Materials in Product Design PDF Author: Ali Jahan
Publisher: Butterworth-Heinemann
ISBN: 0080993907
Category : Technology & Engineering
Languages : en
Pages : 124
Book Description
This book describes the growing field of multi-criteria decision making (MCDM) as applied to materials selection in product design. Useful in academic and research contexts, as well as to practitioners in materials engineering and design, it aids readers in producing successful designs by improving the decision-making process in materials selection. It is a constant challenge for designers, even when educated in the fundamentals of materials and mechanical engineering, to select the best materials to satisfy complex design problems. Current approaches to materials selection range from the use of intuition and experience to computer-based methods including electronic databases and search engines. Increasingly, MCDM methods are proving effective in materials selection for complex design problems. These methods supplement existing quantitative methods, such as selection charts, by allowing simultaneous consideration of design attributes, component configurations and types of material. Discusses the rationale for optimal materials selection in the context of achieving the best engineering design Describes methodologies for supporting enhanced decision-making in materials selection Includes end-of-chapter review questions and practical case studies from biomedical and aerospace engineering applications

Multi-Criteria Decision Analysis

Multi-Criteria Decision Analysis PDF Author: Igor Linkov
Publisher: CRC Press
ISBN: 1439853185
Category : Business & Economics
Languages : en
Pages : 206
Book Description
Environmental management is often complicated and multidisciplinary and the issues that arise can be difficult to solve analytically. Often, decision makers take ad hoc approaches, which may result in the ignoring of important stakeholder opinions or decision criteria. Multi-criteria decision analysis (MCDA) provides a framework by which these types of decisions can be made but, despite being used effectively in many fields, it is not often used in environmental management. Given the novelty and inherent applicability of this decision making framework to the environmental field, there is a need for more teaching tools for MCDA. In particular, there is a need for a case study based approach to help readers navigate the many MCDA methods and decide how to apply them to a specific case. Through a collection of case studies, Multi-Criteria Decision Analysis: Environmental Applications and Case Studies gives readers the tools to apply cutting-edge MCDA methods to their own environmental projects. It offers an overview of the types of MCDA available and a conceptual framework of how it is applied, with the focus on its applicability for environmental science. Taking an in-depth look at the case of sediment management, the book introduces different steps of MCDA processes—from problem formulation and model development to criteria weighing and alternative scoring. The authors then explore the case using various MCDA methods, which allows readers to see clearly how the methodologies differ and gain a better understanding of the mechanistic operation of the analysis. A series of case studies in nanotechnology collectively demonstrate the application of MCDA in situations of high variability and uncertainty that require the integration of technical information and expert judgment—an area where MCDA clearly shines. The authors describe multiple decisions—from risk classification to value of information analysis to the assessment of potential research and funding investments—that readers may face in dealing with emerging environmental threats. Demonstrating the broad applicability of MCDA methods for different types of cases, the book presents a series of case studies ranging from oyster restoration to oil spill response. In conjunction with these cases, the book also provides corresponding decision models that are implemented by the DECERNS software and allow users to examine the same case using multiple MCDA tools. The DECERNS software and models are available for download at www.crcpress.com. Intended both as a research and teaching tool, this book inspires creative thinking when applying MCDA to complicated environmental issues.

Using Multi-Criteria Decision Analysis in Natural Resource Management

Using Multi-Criteria Decision Analysis in Natural Resource Management PDF Author: Tony Prato
Publisher: Routledge
ISBN: 1351876287
Category : Business & Economics
Languages : en
Pages : 256
Book Description
Providing useful insights on the use of Multi-Criteria Decision Analysis (MCDA) in natural resource management, this book examines a number of empirical applications for several countries and a variety of natural resources. It is shown that using MCDA in the management of water, forestry, wetland and other natural resources can substantially improve the design and implementation of natural resource and environmental policies. Stakeholder involvement is also an important determinant of successful resource management and MCDA provides a useful and effective framework for getting stakeholders involved in resource management decisions. Using Multi-Criteria Decision Analysis in Natural Resource Management gives in-depth analysis of the potential problems in applying these techniques, including difficulties eliciting required information, lack of suitable measures for environmental variables and the need to develop innovative methods to simplify the use of MCDA.

Multiple Criteria Decision Analysis

Multiple Criteria Decision Analysis PDF Author: Valerie Belton
Publisher: Springer Science & Business Media
ISBN: 079237505X
Category : Business & Economics
Languages : en
Pages : 396
Book Description
The field of multiple criteria decision analysis (MCDA) - also sometimes termed multiple criteria decision aid, or multiple criteria decision making (MCDM) - has developed rapidly over the past quarter century and in the process a number of divergent schools of thought have emerged. Multiple Criteria Decision Analysis: An Integrated Approach provides a comprehensive yet widely accessible overview of the main streams of thought within MCDA. Two principal aims are: To provide sufficient awareness of the underlying philosophies and theories, understanding of the practical detail of the methods, and insight into practice to enable researchers, students and industry practitioners to implement MCDA methods in an informed manner; To develop an integrated view of MCDA, incorporating both integration of different schools of thought within MCDA and integration of MCDA with broader management theory, science and practice, thereby informing the development of theory and practice across these areas. It is felt that this two-fold emphasis gives a book which will be of value to the following three groups: Practicing decision analysts or graduate students in MCDA for whom this book should serve as a state-of-the-art review, especially as regards techniques outside of their own specialization; Operational researchers or graduate students in OR/MS who wish to extend their knowledge into the tools of MCDA; Managers or management students who need to understand what MCDA can offer them.

Multi-Criteria Decision Analysis for Risk Assessment and Management

Multi-Criteria Decision Analysis for Risk Assessment and Management PDF Author: Jingzheng Ren
Publisher: Springer Nature
ISBN: 3030781526
Category : Science
Languages : en
Pages : 254
Book Description
This book provides in-depth guidance on how to use multi-criteria decision analysis methods for risk assessment and risk management. The frontiers of engineering operations management methods for identifying the risks, investigating their roles, analyzing the complex cause-effect relationships, and proposing countermeasures for risk mitigation are presented in this book. There is a total of ten chapters, mainly including the indicators and organizational models for risk assessment, the integrated Bayesian Best-Worst method and classifiable TOPSIS model for risk assessment, new risk prioritization model, fuzzy risk assessment under uncertainties, assessment of COVID-19 transmission risk based on fuzzy inference system, risk assessment and mitigation based on simulation output analysis, energy supply risk analysis, risk assessment and management in cash-in-transit vehicle routing problems, and sustainability risks of resource-exhausted cities. The most significant feature of this book is that it provides various systematic multi-criteria decision analysis methods for risk assessment and management, and illustrates the application of these methods in different fields. This book is beneficial to policymakers, decision-makers, experts, researchers and students related to risk assessment and management.