Advertisement

Bringing MCDM to the Forefront of Management Practice

  • Stanley Zionts
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 465)

Abstract

A great deal of effort has been expended in Multiple Criteria Decision Making in developing methods, and preparing computer programs implementing the methods. Though many articles have been published in the academic literature, and most management science and operations research texts devote space to multiple criteria decision making, there is a dearth of real applications and successes of multiple criteria decision making. Though it takes time to come up with and implement real applications, the success of our field ultimately depends on such applications. In this presentation, I reflect on what’s been done, and explore ways in which participants in the field can try to further our application successes.

Keywords

Analytic Hierarchy Process Management Science Conjoint Analysis Academic Journal Aspiration Level 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Buede, D., "Software Review - Overview of the MCDA Software Market", Journal of Multi-Criteria Decision Analysis. July, 1992, Vol. 1, No. 1, pp. 59–61.CrossRefGoogle Scholar
  2. Buede, D., "Software Review - Second Overview of the MCDA Software Market", Journal of Multi-Criteria Decision Analysis. December 1996, Vol. 5, No. 4, pp. 312–316.CrossRefGoogle Scholar
  3. Charnes, A., and W. W. Cooper, Management Models and Industrial Applications of Linear Programming, John Wiley and Sons, New York, 1961.Google Scholar
  4. Committee for a Review of the OR/MS Master’s Degree Curriculum, "Suggestions for an MS/OR Master’s Degree Curriculum", OR/MS Today. February, 1993, pp. 16–31.Google Scholar
  5. Chen, A.H.Y., Jen, F. C. and Zionts, S., "Portfolio Models with Stochastic Cash Demands," Management Science. November, 1972, Vol. 19, No. 3, pp. 319–332.CrossRefGoogle Scholar
  6. Green, P. E., and A. M. Krieger, "Individualized Hybrid Models for Conjoint Analysis", Management Science. 42, 6, 1996 pp. 850–867.CrossRefGoogle Scholar
  7. Keeney, R. L., Value Focused Thinking: A Path to Creative Decision Making Cambridge, MA: Harvard University Press, 1992, 416 pp.Google Scholar
  8. Korhonen, P., and J. Wallenius, "A Pareto Race", Naval Research Logistics. 35, 615–623, (1988)CrossRefGoogle Scholar
  9. Lotfi, V., Stewart, T. J., and Zionts, S., "An Aspiration-Level Interactive Model for Multiple Criteria Decision Making", Computers and Operations Research. Vol. 19, No. 7, 671–681, 1992.CrossRefGoogle Scholar
  10. Roy, B., and D. Bouyssou, Aide Multicritère à la Décision: Méthodes et Cas, Paris: Economica, 1993, 695 pp. (In French).Google Scholar
  11. Saaty, T. L., The Analytic Hierarchy Process New York: McGraw-Hill, 1980, 287 pp.Google Scholar
  12. Steuer, R. E., L. R. Gardiner, and J. Gray, "A Bibliographie Survey of the Activities and International Nature of Multiple Criteria Decision Making", Journal of Multi-Criteria Decision Analysis. September, 1996, Vol. 5, No. 3, pp. 195–217.CrossRefGoogle Scholar
  13. Steuer, R. E., "Implementing the Tchebycheff Method in A Spreadsheet", in Karwan, M. H., J. Spronk, and J. Wallenius (eds.), Essays in Decision Making - A Volume in Honour of Stanley Zionts Berlin: Springer-Verlag, 1997, 93–103.CrossRefGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 1998

Authors and Affiliations

  • Stanley Zionts
    • 1
  1. 1.School of ManagementState University of New YorkBuffaloUSA

Personalised recommendations