Mathematical Modelling of Decision Problems

This book is intended as a guide to and manual on modeling complex problems in Multi Criteria Decision Making (MCDM). It encourages practitioners to consider the practicalities of real-world scenarios when modeling, while at the same time providing tips and examples of how to incorporate these realities into the initial decision matrix. The goal is to help readers build a decision matrix that replicates reality as closely as possible. Once this matrix has been constructed, the Decision Maker (DM) can select from more than a hundred MCDM methods the one that best fits the requirements and conditions of the matrix. The book features cases taken from real-world scenarios, which deal with various fields, aspects, and characteristics, and are solved using the SIMUS (Sequential Interactive Modeling for Urban Systems) method. This book is a valuable tool for practitioners, researchers and students dealing with MCDM problems.

Includes over 45 real-world case studies with detailed explanation and solution Features over 50 different project characteristics and 10 different MCDM methods to choose from Written in plain language with plenty of tables and graphics

Autorentext

Nolberto Munier is an Associate Researcher at INGENIO - Polytechnic University of Valencia, Spain. He is a mechanical engineer and holds a Ph.D. in project management. He is also the author of more than 29 technical books, mainly on operations research and project management, and a reviewer of technical articles for several journals. His research focuses on decision-making methods and sensitivity analysis.

Inhalt

1. MCDM Methods: Modelling, Feasibility, and Sensitivity Analysis.- 2. Linear Programming and the SIMUS Method.- 3. Analysis of Facts: Issues and Questions Answered in MCDM Practice.- 4. Analysis of Questions Normally Formulated on MCDM.- 5. Putting SIMUS to Work.