59,271 research outputs found
Dominance Measuring Approach using Stochastic Weights
In this paper we propose an approach to obtain a ranking of alternatives in multicriteria decision-making problems when there is imprecision concerning the alternative performances, component utility functions and weights. We assume decision maker's preferences are represented by an additive multi-attribute utility function, in which weights are modeled by independent normal variables, the performance in each attribute for each alternative is an interval value and classes of utility functions are available for each attribute. The approach we propose is based on dominance measures, which are computed in a similar way that when the imprecision concerning weights is modeled by uniform distributions or by an ordinal relation. In this paper we will show how the approach can be applied when the imprecision concerning weights are represented by normal distributions. Extensions to other distributions, such as truncated normal or beta, can be feasible using Monte Carlo simulation techniques
Dominance Measuring Method Performance under Incomplete Information about Weights.
In multi-attribute utility theory, it is often not easy to elicit precise values for the scaling weights representing the relative importance of criteria. A very widespread approach is to gather incomplete information. A recent approach for dealing with such situations is to use information about each alternative?s intensity of dominance, known as dominance measuring methods. Different dominancemeasuring methods have been proposed, and simulation studies have been carried out to compare these methods with each other and with other approaches but only when ordinal information about weights is available. In this paper, we useMonte Carlo simulation techniques to analyse the performance of and adapt such methods to deal with weight intervals, weights fitting independent normal probability distributions orweights represented by fuzzy numbers.Moreover, dominance measuringmethod performance is also compared with a widely used methodology dealing with incomplete information on weights, the stochastic multicriteria acceptability analysis (SMAA). SMAA is based on exploring the weight space to describe the evaluations that would make each alternative the preferred one
Bayesian optimization for materials design
We introduce Bayesian optimization, a technique developed for optimizing
time-consuming engineering simulations and for fitting machine learning models
on large datasets. Bayesian optimization guides the choice of experiments
during materials design and discovery to find good material designs in as few
experiments as possible. We focus on the case when materials designs are
parameterized by a low-dimensional vector. Bayesian optimization is built on a
statistical technique called Gaussian process regression, which allows
predicting the performance of a new design based on previously tested designs.
After providing a detailed introduction to Gaussian process regression, we
introduce two Bayesian optimization methods: expected improvement, for design
problems with noise-free evaluations; and the knowledge-gradient method, which
generalizes expected improvement and may be used in design problems with noisy
evaluations. Both methods are derived using a value-of-information analysis,
and enjoy one-step Bayes-optimality
The role of learning on industrial simulation design and analysis
The capability of modeling real-world system operations has turned simulation into an indispensable problemsolving methodology for business system design and analysis. Today, simulation supports decisions ranging
from sourcing to operations to finance, starting at the strategic level and proceeding towards tactical and
operational levels of decision-making. In such a dynamic setting, the practice of simulation goes beyond
being a static problem-solving exercise and requires integration with learning. This article discusses the role
of learning in simulation design and analysis motivated by the needs of industrial problems and describes
how selected tools of statistical learning can be utilized for this purpose
Ambulance Emergency Response Optimization in Developing Countries
The lack of emergency medical transportation is viewed as the main barrier to
the access of emergency medical care in low and middle-income countries
(LMICs). In this paper, we present a robust optimization approach to optimize
both the location and routing of emergency response vehicles, accounting for
uncertainty in travel times and spatial demand characteristic of LMICs. We
traveled to Dhaka, Bangladesh, the sixth largest and third most densely
populated city in the world, to conduct field research resulting in the
collection of two unique datasets that inform our approach. This data is
leveraged to develop machine learning methodologies to estimate demand for
emergency medical services in a LMIC setting and to predict the travel time
between any two locations in the road network for different times of day and
days of the week. We combine our robust optimization and machine learning
frameworks with real data to provide an in-depth investigation into three
policy-related questions. First, we demonstrate that outpost locations
optimized for weekday rush hour lead to good performance for all times of day
and days of the week. Second, we find that significant improvements in
emergency response times can be achieved by re-locating a small number of
outposts and that the performance of the current system could be replicated
using only 30% of the resources. Lastly, we show that a fleet of small
motorcycle-based ambulances has the potential to significantly outperform
traditional ambulance vans. In particular, they are able to capture three times
more demand while reducing the median response time by 42% due to increased
routing flexibility offered by nimble vehicles on a larger road network. Our
results provide practical insights for emergency response optimization that can
be leveraged by hospital-based and private ambulance providers in Dhaka and
other urban centers in LMICs
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