{"product_id":"9783319813622","title":"International Series in Operations Research \u0026 Management Science: A Toolbox","description":"\u003ch1\u003eInternational Series in Operations Research \u0026amp; Management Science: A Toolbox\u003c\/h1\u003e \u003ch2\u003eKaliszewski, Ignacy; Miroforidis, Janusz; Podkopaev, Dmitry\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis\ntextbook approaches optimization from a multi-aspect, multi-criteria perspective.\nBy using a Multiple Criteria Decision Making (MCDM) approach, it avoids the\nlimits and oversimplifications that can come with optimization models with one\ncriterion. The book is presented in a concise form, addressing how to solve decision\nproblems in sequences of intelligence, modelling, choice and review phases,\noften iterated, to identify the most preferred decision variant. The approach\ntaken is human-centric, with the user taking the final decision is a sole and\nsovereign actor in the decision making process. To ensure generality, no\nassumption about the Decision Maker preferences or behavior is made. The presentation\nof these concepts is illustrated by numerous examples, figures, and problems to\nbe solved with the help of downloadable spreadsheets. This electronic\ncompanion contains models of problems to be solved built in Excel spreadsheet\nfiles.\u003c\/p\u003e\n\n\u003cp\u003eOptimization\nmodels are too often oversimplifications of decision problems met in practice.\nFor instance, modeling company performance by an optimization model in which\nthe criterion function is short-term profit to be maximized, does not fully\nreflect the essence of business management. The company’s managing staff is\naccountable not only for operational decisions, but also for actions which\nshall result in the company ability to generate a decent profit in the future.\nThis calls for management decisions and actions which ensure short-term\nprofitability, but also maintaining long-term relations with clients,\nintroducing innovative products, financing long-term investments, etc. Each of\nthose additional, though indispensable actions and their effects can be modeled\nseparately, case by case, by an optimization model with a criterion function\nadequately selected. However, in each case the same set of constraints\nrepresents the range of company admissible actions. The aim and the scope of\nthis textbook is to present methodologies and methods enabling modeling of such\nactions \u003cb\u003ejointly\u003c\/b\u003e.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2018-06-11\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783319813622\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-319-32756-3\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 118\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":45378487910540,"sku":"9783319813622","price":62.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319813622.jpg?v=1775004941","url":"https:\/\/lateknightbooks.com\/products\/9783319813622","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}