Decision And Decision Maker In An Industrial Environment
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Decision and Decision-maker in an Industrial Environment
Decision and Decision-maker in an Industrial Environment developed around the observation that two different decision-makers, faced with the same problem, may not make the same decision. The book proposes explanations for this, ranging from the wholly rational to the irrational, and analyzes different factors in decision-making, such as the intention of the decision-maker, the environment in which their decision is made or the process leading to decision-making. While the common belief is that everything in an industrial environment stems from reasoned decisions, analysis of common practice shows that this is not always the case. This book offers an original perspective by presenting the decision making mechanism from the point of view of the decision maker and their handling of a specific decision-making problem. To learn more about the decision-maker’s motivations when faced with these situations, the authors provide a review of the history of decisionmaking and the major trends in decision-making theory. The concepts and methods are presented with illustrations based on the use of an MES, an industrial management software package.
Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods
Author: R. Venkata Rao
language: en
Publisher: Springer Science & Business Media
Release Date: 2012-08-27
Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods presents the concepts and details of applications of MADM methods. A range of methods are covered including Analytic Hierarchy Process (AHP), Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), VIšekriterijumsko KOmpromisno Rangiranje (VIKOR), Data Envelopment Analysis (DEA), Preference Ranking METHod for Enrichment Evaluations (PROMETHEE), ELimination Et Choix Traduisant la Realité (ELECTRE), COmplex PRoportional ASsessment (COPRAS), Grey Relational Analysis (GRA), UTility Additive (UTA), and Ordered Weighted Averaging (OWA). The existing MADM methods are improved upon and three novel multiple attribute decision making methods for solving the decision making problems of the manufacturing environment are proposed. The concept of integrated weights is introduced in the proposed subjective and objective integrated weights (SOIW) method and the weighted Euclidean distance based approach (WEDBA) to consider both the decision maker’s subjective preferences as well as the distribution of the attributes data of the decision matrix. These methods, which use fuzzy logic to convert the qualitative attributes into the quantitative attributes, are supported by various real-world application examples. Also, computer codes for AHP, TOPSIS, DEA, PROMETHEE, ELECTRE, COPRAS, and SOIW methods are included. This comprehensive coverage makes Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods a key reference for the designers,manufacturing engineers, practitioners, managers, institutes involved in both design and manufacturing related projects. It is also an ideal study resource for applied research workers, academicians, and students in mechanical and industrial engineering.
Decision-Making Models and Applications in Manufacturing Environments
Multi-criteria decision-making (MCDM) has gained vast popularity for its ability to help make decisions in the presence of various similar and conflicting choices.This new volume applies the MCDM theory to solving problems and challenges in manufacturing environments. It discusses using MCDM computational methods to evaluate and select the most optimal solution or method for real-world, real-time manufacutring engineering issues. It details the decision-making process in relation materials selection; identification, assessment, and evaluation of risk; sustainability assessment; selection of green suppliers; and more. The chapter authors demonstrate the application of myriad MCDM techniques in decision-making, including MADM (multiple attribute decision-making), DEA (data envelopment analysis), fuzzy TOPSIS (technique for order preference by similarities to ideal solution), fuzzy-VIKOR (multicriteria optimization and compromise solution); MOORA (multi-objective optimization on the basis of ratio analysis), EWM (entropy weight method), (AHP) analytic hierarchy process, TODIM (TOmada de Decisao Interativa Multicriterio), and others. The volume illustrates these MCDM models in several industries and industrial processes, including for experimental analysis and optimization of drilling of glass fiber reinforced plastic, in the textile industries, for selection of refrigerants for domestic applications, and others.