Multi-criteria decision analysis

Govindan is one of the leading researchers in the area of operations management. Over the last few years, he has made significant contribution to the number of areas in operations management. Some of his earlier works included applying different multi criteria decisions methods for supplier selection problems, developing new methods for effectively selecting suppliers, and optimizing inventory levels in a supply chain under various conditions. Later on, he also worked on selection of green suppliers, measuring

Multi-criteria (or) attribute decision making (MCDM/MADM) methods have very high applications in industries for solving real world engineering problems. In the present work, MCDM methods of weighted sum method (WSM), Weighted Products Method (WPM) and TOPSIS, have been employed for the computational analysis of multi-responses. AA7075 has been taken as work piece for the experimentation and the experiments were done on CNC lathe as per the Taguchi’s standard L9 Orthogonal Array. The cutting parameters

Multiple Criteria Decision Making (MCDM) Decision making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. Making a decision implies that there are alternative choices to be considered, and in such a case we want not only to identify as many of these alternatives as possible but to choose the one that best fits with our goals, objectives, desires, values, and so on. Decision making should start with the identification of the decision maker(s)

Use of Multi-criteria Decision Analysis in Location Decision of a Plant, 2012 1.0 Introduction Haque Confectionaries is part of the Haque Brothers Industries Limited operating in Bangladesh for over 64 years. They focus on the production of quite a few biscuit brands based on different flavours and also a good range of wafers (Haque Group of Industries, 2012). Initially they used to import their raw materials, especially fruit syrups and flavours from abroad. One of their most popular products

Chapter 2 Vendor Evaluation and Multiple Criteria Decision Analysis 2.1 Vendor Evaluation Supplier or vendor selection decisions are complicated by the fact that various criteria must be considered in decisions making process. The analysis of criteria for selection and measuring the performance of suppliers has been the focus of many scientists and purchasing practitioners since 1960s. The majority of research about supplier selection problem mentions Dickson’s study [9]. It is based on a questionnaire

THE BALANCED SCORECARD AND MULTI CRITERIA DECISION MAKING: A COMPARISON IN AN AIRLINE CONTEXT Abstract This paper compares and contrasts the performance measurement techniques of The Balanced Scorecard (BSC) which is widely used in industry and Multi Criteria Decision Making (MCDM) which is primarily a research tool. A review of the literature revealed a paucity of “real world” airline applications of the BSC while MCDM has been applied to the airline industry but primarily from a research/academic

is using a list of criteria and the software tool to help him to decide which job to take. However, the customer has very limited information on which to compare the five jobs based on these criteria. Therefore extra information were found through library and Internet so that the validate data such as the cost of living in the city, the crime rate in the city and so on can be obtained to estimate which city is more suitable for him. Background Multi-Ctiteria Decision Analysis is simply called MCDA

Mob: +91-9528072689 Email: nomani.aasim@gmail.com Multi-objective optimization in environmental and energy planning Energy policy, environmental planning and economic development play a key role in sustainable development. Economic growth is closely linked to energy consumption since higher level of energy consumption leads to higher economic growth. Energy consumption is also closely linked with environmental pollutant. Environmental decisions are often complex and multifaceted and involve many

been an important decision that affects the organisation objectives. So researches have been conducted and case studies have been explored and investigated to reach the optimal approach to select a supplier that satisfies both customers and stakeholders and to achieve the organisation goals. Therefore, a multi-criteria decisionmaking process should be adapted to execute supplier selection operation properly. Resources selection needs to go through many steps to assist decision-makers to do their

non-structured management problems. Information systems have been linked with Knowledge Management systems to help in making more informed and scientific decisions. Knowledge Management can be described as a practice of capturing tacit knowledge and converting it into explicit knowledge through filtering, storing, retrieving and disseminating the same. Decision support through knowledge management emanates from intelligent DSS (primarily based on artificial intelligence and expert systems), and knowledge