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Decision Intelligence Analytics and the Implementation of Strategic Business Management (EAI/Springer Innovations in Communication and Computing)
by Dieu Hack-Polay Tanupriya Choudhury P. Mary Jeyanthi T P Singh Sheikh AbujarThis book presents a framework for developing an analytics strategy that includes a range of activities, from problem definition and data collection to data warehousing, analysis, and decision making. The authors examine best practices in team analytics strategies such as player evaluation, game strategy, and training and performance. They also explore the way in which organizations can use analytics to drive additional revenue and operate more efficiently. The authors provide keys to building and organizing a decision intelligence analytics that delivers insights into all parts of an organization. The book examines the criteria and tools for evaluating and selecting decision intelligence analytics technologies and the applicability of strategies for fostering a culture that prioritizes data-driven decision making. Each chapter is carefully segmented to enable the reader to gain knowledge in business intelligence, decision making and artificial intelligence in a strategic management context.
Decision Intelligence Solutions: Proceedings of the International Conference on Information Technology, InCITe 2023, Volume 2 (Lecture Notes in Electrical Engineering #1080)
by Manju Khari Seán McLoone Nitasha Hasteer Purushottam SharmaThis book comprises the select peer-reviewed proceedings of the 3rd International Conference on Information Technology (InCITe-2023). It aims to provide a comprehensive and broad-spectrum picture of state-of-the-art research and development in decision intelligence, deep learning, machine learning, artificial intelligence, data science, and enabling technologies for IoT, blockchain, and other futuristic computational technologies. It covers various topics that span cutting-edge, collaborative technologies and areas of computation. The content would serve as a rich knowledge repository on information & communication technologies, neural networks, fuzzy systems, natural language processing, data mining & warehousing, big data analytics, cloud computing, security, social networks and intelligence, decision-making and modeling, information systems, and IT architectures. This book provides a valuable resource for those in academia and industry.
Decision Intelligence: Proceedings of the International Conference on Information Technology, InCITe 2023, Volume 1 (Lecture Notes in Electrical Engineering #1079)
by B. K. Murthy Nitasha Hasteer Jean-Paul Van Belle B. V. R. ReddyThis book comprises the select peer-reviewed proceedings of the 3rd International Conference on Information Technology (InCITe-2023). It aims to provide a comprehensive and broad-spectrum picture of state-of-the-art research and development in decision intelligence, deep learning, machine learning, artificial intelligence, data science, and enabling technologies for IoT, blockchain, and other futuristic computational technologies. It covers various topics that span cutting-edge, collaborative technologies and areas of computation. The content would serve as a rich knowledge repository on information & communication technologies, neural networks, fuzzy systems, natural language processing, data mining & warehousing, big data analytics, cloud computing, security, social networks, and intelligence, decision-making, and modeling, information systems, and IT architectures. This book provides a valuable resource for those in academia and industry.
Decision Making Optimization Models for Business Partnerships
by Gholam R. Amin Mustapha Ibn BoamahEfficiency and productivity improvement are imperative for businesses to remain competitive in an increasingly dynamic marketplace. While business organizations have the potential to thrive independently, collaborating with others fosters a collective strength that can lead to greater innovation, expanded reach, and shared success.Decision making optimization models for business partnerships are essential, as businesses seldom have all the resources they need, and thus, they require alliances and partnerships with others to enable them to meet their goals. Decision Making Optimization Models for Business Partnerships extends non-parametric data envelopment analysis (DEA) and parametric econometrics approaches to better understand how economic efficiency and market competitiveness are achieved for different types of partnerships and strategic alliances.Features Global contributions for a wide range of professionals and academics Invaluable resources for businesses, analysts, and academics interested in DEA, optimization, and operations research more widely Introduces readers to novel approaches, models, and decision making techniques on performance evaluation and business partnerships via the medium of parametric and nonparametric optimization.
Decision Making Theories and Methods Based on Interval-Valued Intuitionistic Fuzzy Sets
by Shuping Wan Jiuying DongThis is the first book to provide a comprehensive and systematic introduction to the ranking methods for interval-valued intuitionistic fuzzy sets, multi-criteria decision-making methods with interval-valued intuitionistic fuzzy sets, and group decision-making methods with interval-valued intuitionistic fuzzy preference relations. Including numerous application examples and illustrations with tables and figures and presenting the authors’ latest research developments, it is a valuable resource for researchers and professionals in the fields of fuzzy mathematics, operations research, information science, management science and decision analysis.
Decision Making Under Uncertainty Via Optimization, Modelling, and Analysis (Studies in Systems, Decision and Control #558)
by Ronald R. Yager Laxminarayan Sahoo Madhumangal Pal Tapan SenapatiThis book focuses on cutting-edge developments in optimal decision-making incorporating modeling and optimization for determining renewable energy sources, supply chain management, and environmental planning under uncertainty. It addresses mathematical models of cost-effective management policies. This book presents the best decision-making practices for solving real-world challenges. This book provides access to an invaluable collection of various decision-making issues that scholars and industry practitioners use as a reference. The readers are able to understand how decision-making problems are formulated under uncertainty and how to use right optimization strategies to fix problems.
Decision Making Under Uncertainty and Constraints: A Why-Book (Studies in Systems, Decision and Control #217)
by Vladik Kreinovich Martine CeberioThis book shows, on numerous examples, how to make decisions in realistic situations when we have both uncertainty and constraints. In most these situations, the book's emphasis is on the why-question, i.e., on a theoretical explanation for empirical formulas and techniques. Such explanations are important: they help understand why these techniques work well in some cases and not so well in others, and thus, help practitioners decide whether a technique is appropriate for a given situation. Example of applications described in the book ranges from science (biosciences, geosciences, and physics) to electrical and civil engineering, education, psychology and decision making, and religion—and, of course, include computer science, AI (in particular, eXplainable AI), and machine learning. The book can be recommended to researchers and students in these application areas. Many of the examples use general techniques that can be used in other application areas as well, so it is also useful for practitioners and researchers in other areas who are looking for possible theoretical explanations of empirical formulas and techniques.
Decision Making Under Uncertainty and Reinforcement Learning: Theory and Algorithms (Intelligent Systems Reference Library #223)
by Ronald Ortner Christos DimitrakakisThis book presents recent research in decision making under uncertainty, in particular reinforcement learning and learning with expert advice. The core elements of decision theory, Markov decision processes and reinforcement learning have not been previously collected in a concise volume. Our aim with this book was to provide a solid theoretical foundation with elementary proofs of the most important theorems in the field, all collected in one place, and not typically found in introductory textbooks. This book is addressed to graduate students that are interested in statistical decision making under uncertainty and the foundations of reinforcement learning.
Decision Making Under Uncertainty, with a Special Emphasis on Geosciences and Education (Studies in Systems, Decision and Control #218)
by Vladik Kreinovich Laxman BokatiThis book describes new techniques for making decisions in situations with uncertainty and new applications of decision-making techniques. The main emphasis is on situations when it is difficult to decrease uncertainty. For example, it is very difficult to accurately predict human economic behavior, so in economics, it is very important to take this uncertainty into account when making decisions. Other areas where it is difficult to decrease uncertainty are geosciences and teaching. The book analyzes the general problem of decision making and shows how its results can be applied to economics, geosciences, and teaching. Since all these applications involve computing, the book also shows how these results can be applied to computing, including deep learning and quantum computing. The book is recommended to researchers, practitioners, and students who want to learn more about decision making under uncertainty—and who want to work on remaining challenges.
Decision Making and Action (Wiley-iste Ser.)
by Jean-Charles PomerolMaking a decision, of any importance, is never simple. On the one hand, specialists in decision theory do not come within the reach of most policy makers and, secondly, there are very few books on pragmatic decision that are not purely anecdotal. In addition, there is virtually no book that provides a link between decision-making and action. This book provides a bridge between the latest results in artificial intelligence, neurobiology, psychology and decision-making for action. What is the role of intuition or emotion? What are the main psychological biases of which we must be wary? How can we avoid being manipulated? What is the proper use of planning? How can we remain rational even if one is not an expert in probabilities? Perhaps more importantly for managers, how does one go from decision to action? So many questions fundamental to the practice of decision-making are addressed. This book dissects all issues that arise almost daily for decision-makers, at least for major decisions. Drawing on numerous examples, this book answers, in plain language and imagery, all your questions. The final chapter takes the form of a brief reminder - everything you have to remember to be a good decision-maker.
Decision Making and Decision Support in the Information Era: Dedicated to Academician Florin Filip (Studies in Systems, Decision and Control #534)
by Janusz Kacprzyk Valentina Emilia Balas Gintautas Dzemyda Smaranda BelciugThis book is a comprehensive and full-fledged presentation of how modern algorithmic tools and techniques with software implementations can provide an effective and efficient solution of a multitude of problems faced in real life. These problems range from all kinds of data analyses, medical data analyses, image analyses and recognitions, support of medical diagnoses, etc. to new concepts of smart towns and other environments. Emphasis will be on the role of intelligent systems and artificial intelligence and a synergistic collaboration between human beings and computer systems. Modern decision support systems are a main focus point.
Decision Making and Performance Evaluation Using Data Envelopment Analysis: Theory, Modeling And Applications (International Series in Operations Research & Management Science #269)
by Yao Chen Dariush KhezrimotlaghThis book offers new transparent views and step-by-step methods for performance evaluation of a set of units using Data Envelopment Analysis (DEA). The book has twelve practical chapters. Elementary concepts and definitions are gradually built in Chapters 1-6 based upon four examples of one input and one output factors, two input factors, two output factors, and four input and three output factors. Simultaneously, the mathematical foundations using linear programming are also introduced without any prerequisites. A reader with basic knowledge of mathematics and computers is able to understand the contents of the book. In addition, to prevent pre-judgment about the available concepts and definitions in the DEA literature, some new phrases are introduced and, after elucidating each phrase in detail in Chapters 1-6, they are reintroduced for industry-wide accuracy in Chapter 7. After that, some of the more advanced DEA topics are illustrated in Chapters 8-12, such as: production-planning problems, output-input ratio analysis, efficiency over different time periods, Malmquist efficiency indexes, and a delta neighborhood model.A clear overview of many of the elementary and advanced concepts of DEA is provided, including Technical Efficiency, Relative Efficiency, Cost/Revenue/Profit Efficiency, Price/Overall Efficiency, the DEA axioms, the mathematical background to measure technical efficiency and overall efficiency, the multiplier/envelopment form of basic DEA models in input/output-orientation, the multiplier/envelopment of Additive DEA model, the multiplier/envelopment of slacks-based models, and others. The book also covers a variety of DEA techniques, input-output ratio analysis, the natural relationships between DEA frontier and the ratio of output to input factors, production-planning problems, planning ideas with a centralized decision-making unit, context-dependent DEA, Malmquist efficiency index, efficiency over different time periods, and others. End-of-chapter exercises are provided for each chapter.
Decision Making and Security Risk Management for IoT Environments (Advances in Information Security #106)
by Jawad Ahmad Anis Koubaa Wadii Boulila Maha Driss Imed Riadh FarahThis book contains contemporary research that outlines and addresses security, privacy challenges and decision-making in IoT environments. The authors provide a variety of subjects related to the following Keywords: IoT, security, AI, deep learning, federated learning, intrusion detection systems, and distributed computing paradigms. This book also offers a collection of the most up-to-date research, providing a complete overview of security and privacy-preserving in IoT environments. It introduces new approaches based on machine learning that tackles security challenges and provides the field with new research material that’s not covered in the primary literature. The Internet of Things (IoT) refers to a network of tiny devices linked to the Internet or other communication networks. IoT is gaining popularity, because it opens up new possibilities for developing many modern applications. This would include smart cities, smart agriculture, innovative healthcare services and more. The worldwide IoT market surpassed $100 billion in sales for the first time in 2017, and forecasts show that this number might reach $1.6 trillion by 2025. However, as IoT devices grow more widespread, threats, privacy and security concerns are growing. The massive volume of data exchanged highlights significant challenges to preserving individual privacy and securing shared data. Therefore, securing the IoT environment becomes difficult for research and industry stakeholders.Researchers, graduate students and educators in the fields of computer science, cybersecurity, distributed systems and artificial intelligence will want to purchase this book. It will also be a valuable companion for users and developers interested in decision-making and security risk management in IoT environments.
Decision Making in Complex Environments
by Malcolm Cook Jan Noyes Yvonne MasakowskiMany complex systems in civil and military operations are highly automated with the intention of supporting human performance in difficult cognitive tasks. The complex systems can involve teams or individuals working on real-time supervisory control, command or information management tasks where a number of constraints must be satisfied. Decision Making in Complex Environments addresses the role of the human, the technology and the processes in complex socio-technical and technological systems. The aim of the book is to apply a multi-disciplinary perspective to the examination of the human factors in complex decision making. It contains more than 30 contributions on key subjects such as military human factors, team decision making issues, situation awareness, and technology support. In addition to the major application area of military human factors there are chapters on business, medical, governmental and aeronautical decision making. The book provides a unique blend of expertise from psychology, human factors, industry, commercial environments, the military, computer science, organizational psychology and training that should be valuable to academics and practitioners alike.
Decision Making in Healthcare Systems (Studies in Systems, Decision and Control #513)
by Tofigh Allahviranloo Mohsen Vaez-Ghasemi Zohreh Moghaddas Farhad Hosseinzadeh LotfiThis book chooses the topic which is due to the editors' experience in modeling projects in healthcare systems. Also, the transfer of experiences is the reason why mathematical modeling and decision making in the field of health are not given much attention. To this end, the new aspect of this book is the lack of reference needed to carry out projects in the field of health for researchers whose main expertise is not modeling. Students of health, mathematics, management, and industrial engineering fields are in the direct readership with this book. Different projects in the field of healthcare systems can use the topics presented in different chapters mentioned in this book.
Decision Making in Inventory Management (Inventory Optimization)
by Nita H. Shah Mandeep Mittal Leopoldo Eduardo Cárdenas-BarrónThis book provides several inventory models for making the right decision in inventory management under different environments. Basically, the optimal ordering policies are determined for situations with and without shortages in production-inventory systems. The chapters in the book include various features of inventory modeling i.e., inflation, deterioration, supply chain, learning, credit financing, carbon emission policy, stock-dependent demand, among others. The book is a useful resource for academicians, researchers, students, practitioners, and managers who can be benefited with the policies provided in the chapters of the book.
Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods
by R. Venkata RaoDecision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods presents the concepts and details of applications of MADM methods. A range of methods are covered including Analytic Hierarchy Process (AHP), Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), VIšekriterijumsko KOmpromisno Rangiranje (VIKOR), Data Envelopment Analysis (DEA), Preference Ranking METHod for Enrichment Evaluations (PROMETHEE), ELimination Et Choix Traduisant la Realité (ELECTRE), COmplex PRoportional ASsessment (COPRAS), Grey Relational Analysis (GRA), UTility Additive (UTA), and Ordered Weighted Averaging (OWA). The existing MADM methods are improved upon and three novel multiple attribute decision making methods for solving the decision making problems of the manufacturing environment are proposed. The concept of integrated weights is introduced in the proposed subjective and objective integrated weights (SOIW) method and the weighted Euclidean distance based approach (WEDBA) to consider both the decision maker's subjective preferences as well as the distribution of the attributes data of the decision matrix. These methods, which use fuzzy logic to convert the qualitative attributes into the quantitative attributes, are supported by various real-world application examples. Also, computer codes for AHP, TOPSIS, DEA, PROMETHEE, ELECTRE, COPRAS, and SOIW methods are included. This comprehensive coverage makes Decision Making in Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods a key reference for the designers, manufacturing engineers, practitioners, managers, institutes involved in both design and manufacturing related projects. It is also an ideal study resource for applied research workers, academicians, and students in mechanical and industrial engineering.
Decision Making in Risk Management: Quantifying Intangible Risk Factors in Projects (Manufacturing and Production Engineering)
by Christopher O. CoxProject risk management is regarded as a necessary dimension of effective project delivery. Current practices tend to focus on tangible issues such as late delivery of equipment or the implications of technology. This book introduces a framework to identify emergent behavior-centric intangible risks and the conditions that initiate them. Decision Making in Risk Management: Quantifying Intangible Risk Factors in Projects identifies the quantitative measures to assess behavior-induced risks by presenting a framework that limits the interpersonal tension of addressing behavioral risks. Included in the book is an illustrative case study from the oil and gas sector that demonstrates the use of the framework. The missing dimension of behavior-centric intangible risk factors in current risk identification is explored. The book goes on to cover management processes, providing a systematic analytical approach to mitigate subjectivity when addressing behavioral risks in projects. This book is useful to those working in the fields of Project Management, Systems Engineering, Risk Management, and Behavioral Science.
Decision Making in Service Industries: A Practical Approach
by Javier Faulin Angel A. Juan Michael J. Fry Scott E. GrasmanIn real-life scenarios, service management involves complex decision-making processes usually affected by random or stochastic variables. Under such uncertain conditions, the development and use of robust and flexible strategies, algorithms, and methods can provide the quantitative information necessary to make better business decisions. Decision M
Decision Making in Social Sciences: Between Traditions and Innovations (Studies in Systems, Decision and Control #247)
by Šárka Hošková-Mayerová Fabrizio Maturo Cristina Flaut Daniel Flaut Cristina IspasThis book explores several branches of the social sciences and their perspectives regarding their relations with decision-making processes: computer science, education, linguistics, sociology, and management. The decision-making process in social contexts is based on the analysis of sound alternatives using evaluative criteria. Therefore, this process is one that can be rational or irrational, and can be based on knowledge and/or beliefs. A decision-making process always produces a final decision, which may or may not imply prompt action, and increases the chances of choosing the best possible alternative. The book is divided into four main parts. The concepts covered in the first part, on computer science, explore how the rise of algorithms and the growth in computing power over the years can influence decision-making processes. In the second part, some traditional and innovative ideas and methods used in education are presented: compulsory schooling, inclusive schools, higher education, etc. In turn, the third part focuses on linguistics aspects, and examines how progress is manifested in language. The fourth part, on sociology, explores how society can be influenced by social norms, human interactions, culture, and religion. Management, regarded as a science of the decision-making process, is explored in the last part of this book. Selected organizations’ strategies, objectives and resources are presented, e.g., human resources, financial resources, and technological resources. The book gathers and presents, in a concise format, a broad range of aspects regarding the decision-making process in social contexts, making it a valuable and unique resource for the scientific community.
Decision Making in Systems Engineering and Management
by Gregory S. Parnell Patrick J. Driscoll Dale L. HendersonDecision Making in Systems Engineering and Management is a comprehensive textbook that provides a logical process and analytical techniques for fact-based decision making for the most challenging systems problems. Grounded in systems thinking and based on sound systems engineering principles, the systems decisions process (SDP) leverages multiple objective decision analysis, multiple attribute value theory, and value-focused thinking to define the problem, measure stakeholder value, design creative solutions, explore the decision trade off space in the presence of uncertainty, and structure successful solution implementation. In addition to classical systems engineering problems, this approach has been successfully applied to a wide range of challenges including personnel recruiting, retention, and management; strategic policy analysis; facilities design and management; resource allocation; information assurance; security systems design; and other settings whose structure can be conceptualized as a system.
Decision Making under Constraints (Studies in Systems, Decision and Control #276)
by Vladik Kreinovich Martine CeberioThis book presents extended versions of selected papers from the annual International Workshops on Constraint Programming and Decision Making from 2016 to 2018. The papers address all stages of decision-making under constraints: (1) precisely formulating the problem of multi-criteria decision-making; (2) determining when the corresponding decision problem is algorithmically solvable; (3) finding the corresponding algorithms and making these algorithms as efficient as possible; and (4) taking into account interval, probabilistic, and fuzzy uncertainty inherent in the corresponding decision-making problems. In many application areas, it is necessary to make effective decisions under constraints, and there are several area-specific techniques for such decision problems. However, because they are area-specific, it is not easy to apply these techniques in other application areas. As such, the annual International Workshops on Constraint Programming and Decision Making focus on cross-fertilization between different areas, attracting researchers and practitioners from around the globe. The book includes numerous papers describing applications, in particular, applications to engineering, such as control of unmanned aerial vehicles, and vehicle protection against improvised explosion devices.
Decision Making with Spherical Fuzzy Sets: Theory and Applications (Studies in Fuzziness and Soft Computing #392)
by Cengiz Kahraman Fatma Kutlu GündoğduThis book introduces readers to the novel concept of spherical fuzzy sets, showing how these sets can be applied in practice to solve various decision-making problems. It also demonstrates that these sets provide a larger preference volume in 3D space for decision-makers. Written by authoritative researchers, the various chapters cover a large amount of theoretical and practical information, allowing readers to gain an extensive understanding of both the fundamentals and applications of spherical fuzzy sets in intelligent decision-making and mathematical programming.
Decision Making with Uncertainty in Stormwater Pollutant Processes: A Perspective on Urban Stormwater Pollution Mitigation (SpringerBriefs in Water Science and Technology)
by An Liu Ashantha Goonetilleke Prasanna Egodawatta Buddhi Wijesiri James McGreeThis book presents new findings on intrinsic variability in pollutant build-up and wash-off processes by identifying the characteristics of underlying process mechanisms, based on the behaviour of various-sized particles. The correlation between build-up and wash-off processes is clearly defined using heavy metal pollutants as a case study. The outcome of this study is an approach developed to quantitatively assess process uncertainty, which makes it possible to mathematically incorporate the characteristics of variability in build-up and wash-off processes into stormwater quality models. In addition, the approach can be used to quantify process uncertainty as an integral aspect of stormwater quality predictions using common uncertainty analysis techniques. The information produced using enhanced modelling tools will promote more informed decision-making, and thereby help to improve urban stormwater quality.
Decision Modes in Complex Task Environments
by Norbert Steigenberger Thomas Lübcke Heather Fiala Alina RiebschlägerDespite intense research on decision-making in action, we still know little about when decision-makers rely on deliberate vs. intuitive decision-making in decision situations under complexity and uncertainty. Building on default-interventionist dual-processing theory, this book studies decision-making modes (deliberate vs. intuitive) in complex task environments contingent on perceived complexity, experience, and decision style preference. We find that relatively inexperienced decision-makers respond to increases in subjective complexity with an increase in deliberation and tend to follow their decision style preference. Experienced decision-makers are less guided by their decision preference and respond to increases in subjective complexity only minimally. This book contributes to a developing stream of research linking decision-making with intra-personal and environmental properties and fosters our understanding of the conditions under which decision-makers rely on intuitive vs. deliberate decision modes. In doing so, we go one step further towards a comprehensive theory of decision-making in action.