Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is MCDM

Renewable Energy and Power Supply Challenges for Rural Regions
Multi-criteria decision making algorithms, used for solving multi-criteria aggregation problems. Includes AHP, multiplication method, PROMETHEE, and others.
Published in Chapter:
Tools and Methods of Information Support for the Development of Renewable Energy
Ravil I. Mukhamediyev (ISMA University, Latvia), Sophia Kiseleva (Lomonosov Moscow State University, Russia), Kirill Yakunin (Institute of Information and Computational Technologies, Kazakhstan), Renat Mustakayev (Institute of Information and Computational Technologies, Kazakhstan), and Jelena Muhamedijeva (Institute of Information and Computational Technologies, Kazakhstan)
Copyright: © 2019 |Pages: 27
DOI: 10.4018/978-1-5225-9179-5.ch002
Abstract
The chapter considers information systems that provide analysis of the RES resource base and support decision making. RES resources in the Republic of Kazakhstan are briefly analyzed. The methods and systems for evaluation of theoretical, technical, and economic potential of renewable energy sources are considered. Based on this overview, the authors propose six steps of estimation that should be realized in intellectual GIS. One of the major steps is the identification the factors that affect using of renewable energy sources. These factors can contribute to impeding the development of green energy. The simple taxonomy of these factors is proposed. The second important step is to aggregate estimations of the factors. As a result, the authors propose the aggregation method based on Bayes rule. Compared to other methods, this approach allows us to obtain two estimates: probabilities of positive and negative hypotheses. The methods discussed are at the heart of the information system supporting the development of renewable energy sources in the Republic of Kazakhstan.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Supplier Evaluation With BWM and Fuzzy CODAS Methods
The name is given to problems where more than one alternative is evaluated according to more than one criterion and the methods used in the solution of these problems. Supplier Selection: It is the name given to the process of determining the best supplier in a system with more than one supplier.
Full Text Chapter Download: US $37.50 Add to Cart
Evaluation of LPI Values of Transition Economies Countries With a Grey MCDM Model
Methods that enable multiple alternatives to be evaluated based on multiple criteria.
Full Text Chapter Download: US $37.50 Add to Cart
Integrated Fuzzy AHP-TOPSIS Model for Optimization of National Defense Management Based on Inclusive Growth Drivers Using SWOT Analysis
Multiple-criteria decision making (MCDM) or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly evaluates multiple conflicting criteria in decision making (both in daily life and in settings such as business, government, and medicine).
Full Text Chapter Download: US $37.50 Add to Cart
Promethee: A Tool for Multi-Criteria Decision Analysis
Stands for Multicriteria-decision making which is the process of selecting the most feasible alternative in order to achieve an objective.
Full Text Chapter Download: US $37.50 Add to Cart
Determination of the Most Suitable Leadership Type in the Hotel Industry Using Best-Worst Method
MCDM is one of the branches of operations research (OR). One of the application areas of MCDM methods is to evaluate multiple conflicting criteria in decision making. For this reason, many MCDM methods have been introduced so far and still continue to be developed.
Full Text Chapter Download: US $37.50 Add to Cart
Modified TOPSIS Method With Banking Case Study
Decision making when there are multiple criteria decision making.
Full Text Chapter Download: US $37.50 Add to Cart
TOPSIS vs. VIKOR: A Case Study for Determining Development Level of Countries
Decision making when there are multiple criteria decision making.
Full Text Chapter Download: US $37.50 Add to Cart
Selection of Molybdenum-Filled Hip Implant Material Using Grey Relational Analysis Method
MCDM is the process of making decisions when there exists numerous conflicting criteria. An MCDM method ranks the feasible alternatives and the highest ranked one is recommended as the best choice.
Full Text Chapter Download: US $37.50 Add to Cart
Sustainable Supply Chain Management Challenges in Petroleum Transportation: As per Indian Perspective
Multicriteria decision making method used to create a decision variable matrix by considering criteria and alternatives and used to prioritize.
Full Text Chapter Download: US $37.50 Add to Cart
Full Text Chapter Download: US $37.50 Add to Cart
Artificial Intelligence in Stochastic Multiple Criteria Decision Making
An abbreviation of Multiple Criteria Decision Making. It is composed of two approaches, i.e. MADM (Multiple Attribute Decision Making) and MODM (Multiple Objective Decision Making). In MADM problems the number of alternatives is finite and the evaluation attributes are usually conflicting, while in MODM problems the set of alternatives is infinite and the evaluation criteria are described by continuous function.
Full Text Chapter Download: US $37.50 Add to Cart
Full Text Chapter Download: US $37.50 Add to Cart
Full Text Chapter Download: US $37.50 Add to Cart
Multicriteria Models for E-Health Service Evaluation
Multicriteria Decision Making, a set of techniques involving multiple evaluation criteria facilitating in managerial decision making.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR