Composite decisions consist of interconnected parts or subdecisions and correspond to a composite (composable, modular, decomposable) system. The composite decision approach extends the traditional paradigm of decision making of Herbert A. Simon, i.e. choice of the best alternative(s), and realizes a two-stage solving scheme: (a) the selection of alternatives as the best subdecisions or local decisions and (b) composition of the selected local decisions into a composite global decision while taking into account the quality of the local decisions and their compatibility.
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Composite decisions consist of interconnected parts or subdecisions and correspond to a composite (composable, modular, decomposable) system. The c...
Problems with high stakes, involving human perceptions and judgements, and whose resolutions have long-term repercussions, call for a rational approach to their solution. Strategic Decision Making provides an effective, formal methodology that gives assistance to such strategic level decision making problems. Focusing on applying the AHP to decision-making problems in engineering, Strategic Decision Making explores the three main endeavours of human existence: business, defence and governance. Many years of successfully applying Strategic Decision...
Problems with high stakes, involving human perceptions and judgements, and whose resolutions have long-term repercussions, call for a rational approac...
As I write, the financial systems of the world are collapsing with still no clear indication of what the consequences will be and which measures should be taken to avoid such a crisis in the future. There seems to be agreement though, that the financial instruments introduced in the past few decades entailed far too much complexity and uncertainty and that there was too little regulatory control over the use of these instruments. Management of uncertainty with the aim of achieving self-control is the core concern of this book. It was not written with a focus on financial systems, but many...
As I write, the financial systems of the world are collapsing with still no clear indication of what the consequences will be and which measures shoul...
This text offers many multiobjective optimization methods accompanied by analytical examples, and it treats problems not only in engineering but also operations research and management. It explains how to choose the best method to solve a problem and uses three primary application examples: optimization of the numerical simulation of an industrial process; sizing of a telecommunication network; and decision-aid tools for the sorting of bids.
This text offers many multiobjective optimization methods accompanied by analytical examples, and it treats problems not only in engineering but al...
Network models are critical tools in business, management, science and industry. "Network Models and Optimization" presents an insightful, comprehensive, and up-to-date treatment of multiple objective genetic algorithms to network optimization problems in many disciplines, such as engineering, computer science, operations research, transportation, telecommunication, and manufacturing. The book extensively covers algorithms and applications, including shortest path problems, minimum cost flow problems, maximum flow problems, minimum spanning tree problems, traveling salesman and postman...
Network models are critical tools in business, management, science and industry. "Network Models and Optimization" presents an insightful, comprehe...
This fifth edition of “Product Lifecycle Management” updates and adds to the successful fourth edition, the most frequently cited PLM publication. It gives the reader a thorough explanation of Product Lifecycle Management (PLM) and provides them with a full understanding and the skills to implement PLM within their own business environment. This new and expanded edition is fully updated to reflect the many technological and management advances made in PLM since the release of the fourth edition. “Product Lifecycle Management” will broaden the reader’s understanding of PLM,...
This fifth edition of “Product Lifecycle Management” updates and adds to the successful fourth edition, the most frequently cited PLM publicati...
This book explains ‘what goes on in a manufacturing company as a product goes through its lifecycle’. It describes more than 70 product-related activities that take place during the product lifecycle phases of ideation, development, production, service, and recycling. The various documents, data, working methods, and computer programs used in each activity are outlined. The book tells the story of a project carried out by a Master’s degree student in a manufacturing company to find out for the CEO exactly what happens with products across their lifecycle. Due to the storytelling...
This book explains ‘what goes on in a manufacturing company as a product goes through its lifecycle’. It describes more than 70 product-related...