New Concepts And Trends Of Hybrid Multiple Criteria Decision Making
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New Concepts and Trends of Hybrid Multiple Criteria Decision Making
Author | : Gwo-Hshiung Tzeng |
Publisher | : CRC Press |
Total Pages | : 348 |
Release | : 2017-08-15 |
Genre | : Business & Economics |
ISBN | : 1351680633 |
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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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