Sensitivity Analysis for Hierarchical Decision Models PDF Download

Author: Hongyi Chen (Ph.D.)
Publisher:
ISBN:
Category : Anxiety sensitivity
Languages : en
Pages : 444

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Book Description

Author: Adnan Mahmood
Publisher:
ISBN:
Category :
Languages : en
Pages : 104

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Book Description

Author: Tugrul U. Daim
Publisher: Springer
ISBN: 3319185586
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
This volume, developed in honor of Dr. Dundar F. Kocaoglu, aims to demonstrate the applications of the Hierarchical Decision Model (HDM) in different sectors and its capacity in decision analysis. It is comprised of essays from noted scholars, academics and researchers of engineering and technology management around the world. This book is organized into five parts: Technology Policy Planning, Strategic Technology Planning, Technology Assessment, Application Extensions, and Methodology Extensions. Dr. Dundar F. Kocaoglu is one of the pioneers of multiple decision models using hierarchies, and creator of the HDM in decision analysis. HDM is a mission-oriented method for evaluation and/or selection among alternatives. A wide range of alternatives can be considered, including but not limited to, different technologies, projects, markets, jobs, products, cities to live in, houses to buy, apartments to rent, and schools to attend. Dr. Kocaoglu’s approach has been adopted for decision problems in many industrial sectors, including electronics research and development, education, government planning, agriculture, energy, technology transfer, semiconductor manufacturing, and has influenced policy locally, nationally, and internationally. Moreover, his students developed advanced tools and software applications to further improve and enhance the robustness of the HDM approach. Dr. Kocaoglu has made many contributions to the field of Engineering and Technology Management. During his tenure at Portland State University, he founded the Engineering and Technology Management program, where he served as Program Director and later, Department Chair. He also started the Portland International Conference on Management of Engineering and Technology (PICMET), which organizes an annual conference in international locations such as Korea, Turkey, South Africa, Thailand, and Japan. His teaching has won awards and resulted in a strong sense of student loyalty among his students even decades later. Through his academic work and research, Dr. Kocaoglu has strongly supported researchers of engineering management and has provided tremendous service to the field. This volume recognizes and celebrates Dr. Kocaoglu’s profound contributions to the field, and will serve as a resource for generations of researchers, practitioners and students.

Author: Yucel R. Kahraman
Publisher:
ISBN: 9781423512080
Category : Decision making
Languages : en
Pages : 84

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Book Description
There is a wide array of multi-attribute decision analysis methods and associated sensitivity analysis procedures in the literature. However, there is no detailed discussion of sensitivity analysis methods solely relating to additive hierarchical value models. The currently available methodology in the literature is unsophisticated and can be hard to implement into complex models. The methodology proposed in this research builds mathematical foundations for a robust sensitivity analysis approach and extends the current methodology to a more powerful form. The new methodology is easy to implement into complex hierarchical value models and gives flexible and dynamic capabilities to decision makers during sensitivity analysis. The mathematical notation is provided in this study along with applied examples to demonstrate this methodology. Global and local sensitivity analysis are considered and implemented using the proposed robust technique. This research provides consistency and a common standard for the decision analysis community for sensitivity analysis of multi-attribute deterministic hierarchical value models.

Author: Diane Seaman Singer
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 200

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Book Description

Author: David Rios Insua
Publisher: Springer Science & Business Media
ISBN: 3642516564
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
The axiomatic foundations of the Bayesian approach to decision making assurne precision in the decision maker's judgements. In practicc, dccision makers often provide only partial and/or doubtful information. We unify and expand results to deal with those cases introducing a general framework for sensitivity analysis in multi-objective decision making. We study first decision making problems under partial information. We provide axioms leading to modelling preferences by families of value functions, in problems under certainty, and moJelling beliefs by families of probability distributions and preferences by familics of utility functions, in problems under uncertainty. Both problems are treated in parallel with the same parametric model. Alternatives are ordered in a Pareto sense, the solution of the problem being the set of non dominated alternatives. Potentially optimal solutions also seem acceptable, from an intuitive point of view and due to their relation with the nondominated ones. Algorithms are provided to compute these solutions in general problems and in cases typical in practice: linear and bilinear problems. Other solution concepts are criticised on the grounds of being ad hoc. In summary, we have a more ro bust theory of decision making based on a weaker set ofaxioms, but embodying coherence, since it essentially implies carrying out a family of coherent dccision anitlyses.

Author: Abdel-Razek Abdel-Rahim Abouel-Nour
Publisher:
ISBN:
Category :
Languages : en
Pages : 210

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Book Description

Author: Fabio De Felice
Publisher: BoD – Books on Demand
ISBN: 9535125605
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
The purpose of this book is to provide an introduction to the theory and applications in the field of decision making, especially focused on Analytic Hierarchy Process, a structured technique for organizing and analyzing complex decisions, based on mathematics and psychology. It was developed by Prof. Thomas L. Saaty in the 1970s and has been extensively studied and refined since then. The idea of the book is to expand the reader's consciousness to deal with problems regarding the decision making. This book presents some application examples of Analytic Hierarchy. It contains original research and application chapters from different perspectives, and covers different areas such as supply chain, environmental engineering, safety, and social issues. This book is intended to be a useful resource for anyone who deals with decision making problems.

Author: Enrique Mu
Publisher: Springer
ISBN: 3319683691
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
This book offers a simple introduction to the theory and practice of the Analytic Hierarchy Process (AHP) without a pre-requisite for a sophisticated mathematical background. AHP is an intuitive and mathematically simple methodology in the field of multi-criteria decision making in Operational Research (OR). Using Super Decisions v3, the newly developed software by the Creative Decisions Foundations, this book provides a quick and intuitive understanding of AHP using spreadsheet examples and step-by-step software instructions. Super Decisions v3 marks a drastic departure from the previous version 2 in terms of interface and ratings model development. In addition to a concise guide, instructional videos are also available to demonstrate how to use the different features of Super Decisions v3. Most AHP books assume the reader has basic OR mathematical background; however, AHP was developed with the goal that decision makers can take advantage of this methodology without struggling with the mathematics behind it. For this reason, only basic arithmetic knowledge is required from the readers. In conclusion, this book delivers a quick and practical understanding of the AHP methodology that can be useful for corporate executives and decision-makers in all fields.

Author: Enrique Mu
Publisher: Springer
ISBN: 3319338617
Category : Business & Economics
Languages : en
Pages : 120

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Book Description
This book offers a simple introduction to the fundamentals and applications of the Analytic Hierarchy Process (AHP) without a pre-requisite for a sophisticated mathematical background. It provides a quick and intuitive understanding of the methodology using spreadsheet examples and explains in a step-by-step fashion how to use Super Decisions, a freely available software developed by the Creative Decisions Foundations. The book is intended to be a resource for decision makers with little or no exposure to the field of Operations Research (OR); however, the book can be used as a very gentle introduction to the AHP methodology and/or as an AHP hands-on supplement for standard OR textbooks. AHP is an intuitive and mathematically simple methodology in the field of multi-criteria decision making. Because of this, most AHP books assume the reader has basic OR mathematical background. However, AHP simplicity suggests that decision makers from all disciplines can take advantage of the methodology without struggling with the mathematics behind it. To fulfill this need, this book delivers a quick and practical understanding of the method that can be useful for corporate executives.