New Concepts and Trends of Hybrid Multiple Criteria Decision Making
| By: | Gwo-Hshiung Tzeng; Kao-Yi Shen |
| Publisher: | Taylor & Francis |
| Print ISBN: | 9780367573133 |
| eText ISBN: | 9781351680622 |
| Edition: | 1 |
| Copyright: | 2017 |
| Format: | Reflowable |
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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.