
Advances in Fuzzy Decision Making
Theory and Practice
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Thisbook shows how common operation management methods and algorithms can beextended to deal with vague or imprecise information in decision-makingproblems. It describes how to combine decision trees, clustering,multi-attribute decision-making algorithms and Monte Carlo Simulation with themathematical description of imprecise or vague information, and how tovisualize such information. Moreover, it discusses a broad spectrum ofreal-life management problems including forecasting the apparentconsumption of steel products, planning and scheduling of production processes,project portfolio selection...
Thisbook shows how common operation management methods and algorithms can beextended to deal with vague or imprecise information in decision-makingproblems. It describes how to combine decision trees, clustering,multi-attribute decision-making algorithms and Monte Carlo Simulation with themathematical description of imprecise or vague information, and how tovisualize such information. Moreover, it discusses a broad spectrum ofreal-life management problems including forecasting the apparentconsumption of steel products, planning and scheduling of production processes,project portfolio selection and economic-risk estimation. It is a concise, yetcomprehensive, reference source for researchers in decision-making anddecision-makers in business organizations alike.