Advances in Fuzzy Decision Making Theory and Practice /

• Main Authors: Skalna, Iwona (Author), Rębiasz, Bogdan (Author), Gaweł, Bartłomiej (Author), Basiura, Beata (Author), Duda, Jerzy (Author), Opiła, Janusz (Author), Pełech-Pilichowski, Tomasz (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Edition: 1st ed. 2015.
• Series: Studies in Fuzziness and Soft Computing, 333
• Subjects: Engineering.; Operations research.; Decision making.; Computational intelligence.; Engineering economics.; Engineering economy.; Computational Intelligence.; Engineering Economics, Organization, Logistics, Marketing.; Operation Research/Decision Theory.
• Physical Description: XI, 151 p. 58 illus. in color. online resource.
• ISBN: 9783319264943
• ISSN: 1434-9922 ;

This book shows how common operation management methods and algorithms can be extended to deal with vague or imprecise information in decision-making problems. It describes how to combine decision trees, clustering, multi-attribute decision-making algorithms and Monte Carlo Simulation with the mathematical description of imprecise or vague information, and how to visualize such information. Moreover, it discusses a broad spectrum of real-life management problems including forecasting the apparent consumption of steel products, planning and scheduling of production processes, project portfolio selection and economic-risk estimation. It is a concise, yet comprehensive, reference source for researchers in decision-making and decision-makers in business organizations alike.