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New Concepts and Trends of Hybrid Multiple Criteria Decision Making

New Concepts and Trends of Hybrid Multiple Criteria Decision Making

Hardcover

Business GeneralTechnology & EngineeringGeneral Mathematics

ISBN10: 1498777082
ISBN13: 9781498777087
Publisher: CRC Press
Published: Aug 16 2017
Pages: 362
Weight: 1.40
Height: 1.00 Width: 6.40 Depth: 9.20
Language: English

When people or computers need to make a decision, typically multiple conflicting criteria need to be evaluated; for example, when we buy a car, we need to consider safety, cost and comfort. Multiple criteria decision making (MCDM) has been researched for decades. Now as the rising trend of big-data analytics in supporting decision making, MCDM can be more powerful when combined with state-of-the-art analytics and machine learning. In this book, the authors introduce a new framework of MCDM, which can lead to more accurate decision making. Several real-world cases will be included to illustrate the new hybrid approaches.

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