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Full Description
This book examines Multi-Criteria Decision Modelling (MCDM) methodologies and facilitates diverse ways for strategic decision-making in a variety of practical applications. This book also provides a pragmatic foundation for solving real-life problems in different scenarios of emerging global markets.
Multi-Criteria Decision Modelling: Applicational Techniques and Case Studies depicts the use of sensitivity analysis and modelling and includes case studies to understand and illustrate challenging concepts. It also offers step-by-step comprehensive methodologies for the utilization of MCDM to a variety of situations. The book deliberates ways for companies to use these methods to their advantage in order to achieve sustainability. Furthermore, it also presents an overview of the major streams of thought and provides a holistic view of the latest research and development trends in modelling and optimization.
FEATURES
Offers a stepwise comprehensive methodology for the application of MCDM to a variety of situations
Presents an overview of the major streams of thought present in the MCDM technique
Provides a holistic view of the latest research and development trends in the emerging markets in terms of modelling and optimization using MCDM for different industrial sectors
Illuminates a practical foundation in order to provide a guide to address the problems of emerging markets
Enlightens the ways for companies to use these methods to their advantage to be able to achieve sustainability
This book is a guide for those performing decision analysis for academic purposes as well as for researchers aspiring to expand their knowledge on MCDM problem solving.
Contents
1. Structural Modelling for the Factors of Facility Management in the Healthcare Industry Using the TISM Approach 2. Assessment of Optimum Automotive Brake Friction Formula by Entropy-VIKOR Technique 3. Ranking of Phase Change Materials for Medium Temperature Thermal Energy Accumulation System Using Shannon Entropy, TOPSIS, and VIKOR Methods 4. Identification and Analysis of Enablers of Socially Sustainable SMEs Using the MCDM Approach 5. Application of the MCDM Technique for an Astute Decision-Making Process in the Renewable Energy Sector 6. Assessing Challenges in the Implementation of Sustainable Human Resource Management Using the Fuzzy DEMATEL Approach 7. A Novel Entropy Measure for Linguistic Intuitionistic Fuzzy Sets and Their Application in Decision-Making 8. An Insight into Decision-Making Using the Fuzzy Analytic Hierarchy Process (FAHP) 9. Application of the Fuzzy Analytic Hierarchy Process for Solar Panel Vendor Selection 10. Using Multi-Criteria Decision-Analysis to Build a Long-Term Business Strategy 11. Systematic Review and Deliberation of Various Multi-Criteria Decision-Making Techniques
