Thisbook shows how common operation management methods and algorithms can beextended to deal with vague or imprecise information in decision-makingproblems. It describes how to combine decision trees, clustering,multi-attribute decision-making algorithms and Monte Carlo Simulation with themathematical description of imprecise or vague information, and how tovisualize such information. Moreover, it discusses a broad spectrum ofreal-life management problems including forecasting the apparentconsumption of steel products, planning and scheduling of production processes,project portfolio selection and economic-risk estimation. It is a concise, yetcomprehensive, reference source for researchers in decision-making anddecision-makers in business organizations alike.
Thisbook shows how common operation management methods and algorithms can beextended to deal with vague or imprecise information in decision-makingproblems. It describes how to combine decision trees, clustering,multi-attribute decision-making algorithms and Monte Carlo Simulation with themathematical description of imprecise or vague information, and how tovisualize such information. Moreover, it discusses a broad spectrum ofreal-life management problems including forecasting the apparentconsumption of steel products, planning and scheduling of production processes,project portfolio selection and economic-risk estimation. It is a concise, yetcomprehensive, reference source for researchers in decision-making anddecision-makers in business organizations alike.
This book offers a comprehensive reference guide to fuzzy statistics and fuzzy decision-making techniques. It provides readers with all the necessary tools for making statistical inference in the...
The concept of fuzziness, inspired by Zadeh (1965), brings us fruitful results when it is applied to problems in decision making. Recently, problems in fuzzy decision making are getting more complex,...
Decision making and control are two fields with distinct methods for solving problems, and yet they are closely related. This text bridges the gap between decision making and control in the field of...
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