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Multicriteria and Multiobjective Models for Risk, Reliability and Maintenance Decision Analysis (Paperback, Softcover reprint of the original 1st ed. 2015)
Loot Price: R3,836
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Multicriteria and Multiobjective Models for Risk, Reliability and Maintenance Decision Analysis (Paperback, Softcover reprint of the original 1st ed. 2015)
Series: International Series in Operations Research & Management Science, 231
Expected to ship within 10 - 15 working days
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This book integrates multiple criteria concepts and methods for
problems within the Risk, Reliability and Maintenance (RRM)
context. The concepts and foundations related to RRM are considered
for this integration with multicriteria approaches. In the book, a
general framework for building decision models is presented and
this is illustrated in various chapters by discussing many
different decision models related to the RRM context. The scope of
the book is related to ways of how to integrate Applied Probability
and Decision Making. In Applied Probability, this mainly includes:
decision analysis and reliability theory, amongst other topics
closely related to risk analysis and maintenance. In Decision
Making, it includes a broad range of topics in MCDM (Multi-Criteria
Decision Making) and MCDA (Multi-Criteria Decision Aiding; also
known as Multi-Criteria Decision Analysis). In addition to decision
analysis, some of the topics related to Mathematical Programming
area are briefly considered, such as multiobjective optimization,
since methods related to these topics have been applied to the
context of RRM. The book addresses an innovative treatment for the
decision making in RRM, thereby improving the integration of
fundamental concepts from the areas of both RRM and decision
making. This is accomplished by presenting an overview of the
literature on decision making in RRM. Some pitfalls of decision
models when applying them to RRM in practice are discussed and
guidance on overcoming these drawbacks is offered. The procedure
enables multicriteria models to be built for the RRM context,
including guidance on choosing an appropriate multicriteria method
for a particular problem faced in the RRM context. The book also
includes many research advances in these topics. Most of the
multicriteria decision models that are described are specific
applications that have been influenced by this research and the
advances in this field. Multicriteria and Multiobjective Models for
Risk, Reliability and Maintenance Decision Analysis is implicitly
structured in three parts, with 12 chapters. The first part deals
with MCDM/A concepts methods and decision processes. The second
part presents the main concepts and foundations of RRM. Finally the
third part deals with specific decision problems in the RRM context
approached with MCDM/A models.
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