49 research outputs found

    Uncertain Multi-Criteria Optimization Problems

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    Most real-world search and optimization problems naturally involve multiple criteria as objectives. Generally, symmetry, asymmetry, and anti-symmetry are basic characteristics of binary relationships used when modeling optimization problems. Moreover, the notion of symmetry has appeared in many articles about uncertainty theories that are employed in multi-criteria problems. Different solutions may produce trade-offs (conflicting scenarios) among different objectives. A better solution with respect to one objective may compromise other objectives. There are various factors that need to be considered to address the problems in multidisciplinary research, which is critical for the overall sustainability of human development and activity. In this regard, in recent decades, decision-making theory has been the subject of intense research activities due to its wide applications in different areas. The decision-making theory approach has become an important means to provide real-time solutions to uncertainty problems. Theories such as probability theory, fuzzy set theory, type-2 fuzzy set theory, rough set, and uncertainty theory, available in the existing literature, deal with such uncertainties. Nevertheless, the uncertain multi-criteria characteristics in such problems have not yet been explored in depth, and there is much left to be achieved in this direction. Hence, different mathematical models of real-life multi-criteria optimization problems can be developed in various uncertain frameworks with special emphasis on optimization problems

    Multi-Objective and Multi-Attribute Optimisation for Sustainable Development Decision Aiding

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    Optimization is considered as a decision-making process for getting the most out of available resources for the best attainable results. Many real-world problems are multi-objective or multi-attribute problems that naturally involve several competing objectives that need to be optimized simultaneously, while respecting some constraints or involving selection among feasible discrete alternatives. In this Reprint of the Special Issue, 19 research papers co-authored by 88 researchers from 14 different countries explore aspects of multi-objective or multi-attribute modeling and optimization in crisp or uncertain environments by suggesting multiple-attribute decision-making (MADM) and multi-objective decision-making (MODM) approaches. The papers elaborate upon the approaches of state-of-the-art case studies in selected areas of applications related to sustainable development decision aiding in engineering and management, including construction, transportation, infrastructure development, production, and organization management

    Studies on Product Design using Ergonomic Considerations

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    Embedding ergonomic consideration into product/machine/equipment/component design as well as work environment taking into account both psychological and physical needs of user helps to enhance user efficiency, satisfaction and productivity. It is vital to find best design elements to visualize the product which possesses the characteristics not only to satisfy the users but also reduces fatigue and injury during prolonged use. Although subjective and objective product characteristics are important during product design, user comfort becomes a vital factor that can be quantified by the analysis on continuous physical interaction between product and user. Beside above influential factors, ergonomic design of product also considers cognitive and behavioral information during the design stage with a view to improve the comfort level of the user and aesthetic look of the product. To address above issues, an integrated approach using statistical and artificial intelligence techniques has been proposed in this thesis to effectively handle subjective and objectives characteristics during design phase. The statistical method is used to assess various user requirements and their significance whereas artificial intelligence method determines the relationship between user requirements and product characteristics. Since most of the psychological needs of users are difficult to express quantitatively, combined approach of statistical and artificial intelligence method can handle the subjectivity and uncertainty in an effective manner. The approach has been demonstrated with the help of design of office chair. Keeping view with the physical interaction between human soft tissue and product as a measuring factor of comfort sensation in an office environment, a numerical analysis of human soft tissue-chair seat model has been introduced into current work. In order to evaluate superior ergonomically designed product (office chair), suitable multi-attribute decision making (MADM) approach based on few important features has been chosen to address the usability of product improving satisfaction level of customer. The study also analyses a kinematic model of human upper arm extremity to diagnose comfort arm posture that allows the operator to have a comfort work zone within which possible postures can be accepted

    Sustainability, Digital Transformation and Fintech: The New Challenges of the Banking Industry

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    In the current competitive scenario, the banking industry must contend with multiple challenges tied to regulations, legacy systems, disruptive models/technologies, new competitors, and a restive customer base, while simultaneously pursuing new strategies for sustainable growth. Banking institutions that can address these emerging challenges and opportunities to effectively balance long-term goals with short-term performance pressures could be aptly rewarded. This book comprises a selection of papers addressing some of these relevant issues concerning the current challenges and opportunities for international banking institutions. Papers in this collection focus on the digital transformation of the banking industry and its effect on sustainability, the emergence of new competitors such as FinTech companies, the role of mobile banking in the industry, the connections between sustainability and financial performance, and other general sustainability and corporate social responsibility (CSR) topics related to the banking industry. The book is a Special Issue of the MDPI journal Sustainability, which has been sponsored by the Santander Financial Institute (SANFI), a Spanish research and training institution created as a collaboration between Santander Bank and the University of Cantabria. SANFI works to identify, develop, support, and promote knowledge, study, talent, and innovation in the financial sector

    Proceedings /5th International Symposium on Industrial Engineering – SIE2012, June 14-15, 2012., Belgrade

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    editors Dragan D. Milanović, Vesna Spasojević-Brkić, Mirjana Misit

    Proceedings /5th International Symposium on Industrial Engineering – SIE2012, June 14-15, 2012., Belgrade

    Get PDF
    editors Dragan D. Milanović, Vesna Spasojević-Brkić, Mirjana Misit
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