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Multi-Criteria Decision Making in Maritime Studies and Logistics - Applications and Cases (Hardcover, 1st ed. 2018)
Loot Price: R5,394
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Multi-Criteria Decision Making in Maritime Studies and Logistics - Applications and Cases (Hardcover, 1st ed. 2018)
Series: International Series in Operations Research & Management Science, 260
Expected to ship within 12 - 17 working days
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This book describes a wide range real-case applications of
Multi-Criteria Decision Making (MCDM) in maritime related subjects
including shipping, port, maritime logistics, cruise ports,
waterfront developments, and shipping finance, etc. In such areas,
researchers, students and industrialists, in general, felt
struggling to find a step-by-step guide on how to apply MCDM to
formulate effective solutions to solving real problems in practice.
This book focuses on the in-depth analysis and applications of the
most well-known MDCM methodologies in the aforementioned areas. It
brings together an eclectic collection of twelve chapters which
seek to respond to these challenges. The book begins with an
introduction and is followed by an overview of major MCDM
techniques. The next chapter examines the theory of analytic
hierarchy process (AHP) in detail and investigates a fuzzy AHP
(FAHP) approach and its capability and rationale in dealing with
decision problems of ambiguous information. Chapter 4 proposes a
generic methodology to identify the key factors influencing green
shipping and to establish an evaluation system for the assessment
of shipping greenness. In Chapter 5, the authors describe a new
function of fuzzy Evidential Reasoning (ER) to improve the vessel
selection process in which multiple criteria with insufficient and
ambiguous information are evaluated and synthesized. Chapter 6
presents a novel methodology by using an Artificial Potential Field
(APF) model and the ER approach to estimate the collision
probabilities of monitoring targets for coastal radar surveillance.
Chapter 7 develops the inland port performance assessment model
(IPPAM) using a hybrid of AHP, ER and a utility function. The next
chapter showcases a challenging approach to address the risk and
uncertainty in LNG transfer operations, by utilizing a Stochastic
Utility Additives (UTA) method with the help of the philosophy of
aggregation-disaggregation coupled with a robustness control
procedure. Chapter 9 uses Entropy and Grey Relation Analysis (GRA)
to analyze the relative weights of financial ratios through the
case studies of the four major shipping companies in Korea and
Taiwan: Evergreen, Yang Ming, Hanjin and Hyundai Merchant Marine.
Chapter 10 systemically applies modern heuristics to solving MCDM
problems in the fields of operation optimisation in container
terminals. Arguing that bunkering port selection is typically a
multi-criteria group decision problem, and in many practical
situations, decision makers cannot form proper judgments using
incomplete and uncertain information in an environment with exact
and crisp values, in Chapter 11, the authors propose a hybrid
Fuzzy-Delphi-TOPSIS based methodology with a sensitivity analysis.
Finally, Chapter 12deals with a new conceptual port performance
indicators (PPIs) interdependency model using a hybrid approach of
a fuzzy logic based evidential reasoning (FER) and a decision
making trial and evaluation laboratory (DEMATEL).
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