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Location selection is one of the most important aspects of business success. In fuel industry, gas station site selection problem involves several quantitative and qualitative factors such as the number of other stations in the area, traffic directions, social composition of surrounding...
Persistent link: https://www.econbiz.de/10009150972
Mathematical model of a goal-oriented thinking with feedback is described. Basic notions: decision graph, feed-back hierarchy and self-duality are introduced and explained. A source of the conflict in our approach is the ignorance about the importance of decision maker's goals. In contrast to...
Persistent link: https://www.econbiz.de/10008784880
European Foundation that gives advices in order to help to provide the best living and working conditions for European Countries, applied European Quality of Life Survey (EQLS) for 31 countries, including Turkey, in 2003, 2005 and 2007 years. The European Quality of Life Survey (EQLS) takes some...
Persistent link: https://www.econbiz.de/10009141341
We charaterize the choice correspondences that can be rationalized by a procedure that is a refinement of the prudent choices exposed in [Houy, 2008]. Our characterization is made by means of the usual expansion axiom and by a weakening of the usual contraction axiom α.
Persistent link: https://www.econbiz.de/10008793669
In this paper, we study the relationships between binary lexicographic composition of rationales (see [Tadenuma, 2002]), prudent choices (see [Houy, 2008a]) and refined prudent choices (see [Houy, 2008b]) in the case of multi-criteria decision making. We show that these relationships are linked...
Persistent link: https://www.econbiz.de/10008794873
The need for integrated methodological framework for sustainability assessment has been widely discussed and is urgent due to increasingly complex environmental system problems. These problems have impacts on ecosystems and human well-being which represent a threat to economic performance of...
Persistent link: https://www.econbiz.de/10008854256
Operating a multi-purpose hydropower reservoir during flooding and high inflow events is a challenging and complicated task. Three main elements contribute to this complexity: addition of minimizing flood damage to the set of objectives of the problem, exponential boost in inflow forecast...
Persistent link: https://www.econbiz.de/10011151725
Wind power, especially offshore, is considered one of the most promising sources of ‘clean’ energy towards meeting the EU and UK targets for 2020 and 2050. Deployment of wind turbines in constantly increasing water depths has raised the issue of the appropriate selection of the most suitable...
Persistent link: https://www.econbiz.de/10011043864
Economic, technological, social, and political developments stressed the need for shifts in energy-mix. Therefore it is important to provide a rationale for sustainable decision making in energy policy. The aim of this paper is to develop the multi-criteria decision support framework for...
Persistent link: https://www.econbiz.de/10011049529
The increasing demand on productivity and quality requires machines to be constantly available for production. It is therefore crucial to develop an adequate maintenance programme. To facilitate this, several criteria need to be considered, such as: downtime, maintenance frequency, spare parts...
Persistent link: https://www.econbiz.de/10011051832