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The Analytic Hierarchy Process (AHP) has been one of the foremost mathematical methods for decision making with multiple criteria and has been widely studied in the operations research literature as well as applied to solve countless real-world problems. This book is meant to introduce and strengthen the readers’ knowledge of the AHP, no matter how familiar they may be with the topic. This book provides a concise, yet self-contained, introduction to the AHP that uses a novel and more pedagogical approach. It begins with an introduction to the principles of the AHP, covering the critical points of the method, as well as some of its applications. Next, the book explores further aspects of the method, including the derivation of the priority vector, the estimation of inconsistency, and the use of AHP for group decisions. Each of these is introduced by relaxing initial assumptions. Furthermore, this booklet covers extensions of AHP, which are typically neglected in elementary expositions of the methods. Such extensions concern different numerical representations of preferences and the interval and fuzzy representations of preferences to account for uncertainty. During the whole exposition, an eye is kept on the most recent developments of the method.
Economics/Management Science. --- Operation Research/Decision Theory. --- Operations Research, Management Science. --- Econometrics. --- Economics. --- Operations research. --- Economie politique --- Econométrie --- Recherche opérationnelle --- Management --- Business & Economics --- Management Theory --- Decision making --- Algorithms. --- Eigenvectors. --- Mathematical models. --- Algorism --- Business. --- Decision making. --- Management science. --- Business and Management. --- Algebra --- Arithmetic --- Matrices --- Vector spaces --- Eigenfactor --- Foundations --- Operations Research/Decision Theory. --- Economics, Mathematical --- Statistics --- Operational analysis --- Operational research --- Industrial engineering --- Management science --- Research --- System theory --- Quantitative business analysis --- Problem solving --- Operations research --- Statistical decision --- Deciding --- Decision (Psychology) --- Decision analysis --- Decision processes --- Making decisions --- Management decisions --- Choice (Psychology)
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The Analytic Hierarchy Process (AHP) has been one of the foremost mathematical methods for decision making with multiple criteria and has been widely studied in the operations research literature as well as applied to solve countless real-world problems. This book is meant to introduce and strengthen the readers’ knowledge of the AHP, no matter how familiar they may be with the topic. This book provides a concise, yet self-contained, introduction to the AHP that uses a novel and more pedagogical approach. It begins with an introduction to the principles of the AHP, covering the critical points of the method, as well as some of its applications. Next, the book explores further aspects of the method, including the derivation of the priority vector, the estimation of inconsistency, and the use of AHP for group decisions. Each of these is introduced by relaxing initial assumptions. Furthermore, this booklet covers extensions of AHP, which are typically neglected in elementary expositions of the methods. Such extensions concern different numerical representations of preferences and the interval and fuzzy representations of preferences to account for uncertainty. During the whole exposition, an eye is kept on the most recent developments of the method.
Quantitative methods (economics) --- Operational research. Game theory --- Mathematical statistics --- Planning (firm) --- Business management --- besluitvorming --- management --- mathematische modellen --- speltheorie --- econometrie --- operationeel onderzoek
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Multiple criteria decision making --- Data processing. --- Decision making with multiple objectives --- MCDM (Decision making) --- Multiattribute decisions --- Multicriteria decision analysis --- Multicriteria decision making --- Multicriteria decision making analysis --- Multiobjective decision making --- Multiple objective decision making --- Decision making
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This book presents recent advances in the theory and application of the Best-Worst Method (BWM). It includes selected papers from the Third International Workshop on Best-Worst Method (BWM2022), held in Delft, the Netherlands, from 9 to 10 June 2022. The book provides valuable insights on why and how to use BWM in a diverse range of applications including health, energy, supply chain management, and engineering. Moreover, it highlights the use of BWM in different settings including individual decision-making vs group decision-making, and with complete information vs incomplete and uncertain information. Academics and practitioners whose work involves multi-criteria decision-making and decision analysis will particularly benefit from the papers gathered here.
Operations research. --- Management science. --- Mathematical optimization. --- Operations Research and Decision Theory. --- Operations Research, Management Science . --- Optimization. --- Operational analysis --- Operational research --- Industrial engineering --- Management science --- Research --- System theory --- Optimization (Mathematics) --- Optimization techniques --- Optimization theory --- Systems optimization --- Mathematical analysis --- Maxima and minima --- Operations research --- Simulation methods --- System analysis --- Quantitative business analysis --- Management --- Problem solving --- Statistical decision
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This book presents recent advances in the theory and application of the Best-Worst Method (BWM). It includes selected papers from the Second International Workshop on Best-Worst Method (BWM2021), held in Delft, The Netherlands from 10-11 June, 2021, and provides valuable insights on why and how to use BWM in a diverse range of applications including health, energy, supply chain management, and engineering. The book highlights the use of BWM in different settings including single decision-making vs group decision-making, and complete information vs incomplete and uncertain situations. The papers gathered here will benefit academics and practitioners who are involved in multi-criteria decision-making and decision analysis.
Operational research. Game theory --- Mathematical statistics --- Planning (firm) --- Physical distribution --- Business management --- intern transport --- SCM (supply chain management) --- management --- mathematische modellen --- econometrie --- operationeel onderzoek
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Operational research. Game theory --- Mathematical statistics --- Planning (firm) --- Physical distribution --- Business management --- intern transport --- SCM (supply chain management) --- management --- mathematische modellen --- econometrie --- operationeel onderzoek
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This book presents recent advances in the theory and application of the Best-Worst Method (BWM). It includes selected papers from the Third International Workshop on Best-Worst Method (BWM2022), held in Delft, the Netherlands, from 9 to 10 June 2022. The book provides valuable insights on why and how to use BWM in a diverse range of applications including health, energy, supply chain management, and engineering. Moreover, it highlights the use of BWM in different settings including individual decision-making vs group decision-making, and with complete information vs incomplete and uncertain information. Academics and practitioners whose work involves multi-criteria decision-making and decision analysis will particularly benefit from the papers gathered here.
Numerical methods of optimisation --- Operational research. Game theory --- Mathematical statistics --- Planning (firm) --- Business management --- Computer. Automation --- automatisering --- management --- mathematische modellen --- econometrie --- wiskunde --- operationeel onderzoek
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This proceedings book contains selected papers from the Fourth International Workshop on Best-Worst Method (BWM2023), held in Delft, the Netherlands, from 8 to 9 June 2023. It presents recent advancements in theory and applications of the Best-Worst Method (BWM). It provides valuable insights on why and how to use BWM in a diverse set of applications including health, energy, supply chain management, and engineering. The book highlights the use of BWM in different settings including single decision-making vs group decision-making, full information vs incomplete and uncertain situations. Academics and practitioners who are involved in multi-criteria decision-making and decision analysis benefit from the papers published in this book.
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