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6. Applies decision-making techniques.
Decision-making techniques are used to quantify the benefits obtained using optimized smart wells under different risk attitudes.
We examine chartists' decision-making techniques and derive a taxonomy of charting strategies based on investors' market ontologies and calculative strategies.
However, multi-criteria decision-making techniques such as analytic hierarchy process (AHP) could be used to precisely determine the weighting factor.
First, multi-criteria decision-making techniques (Fuzzy, TOPSIS, and LINMAP) were used to select the best CCHP configurations among the Pareto optimal sets.
Using a hybrid methodology, including multiple attributes decision-making techniques and fuzzy set theory, the present study aims to evaluate the excavation methods of tunnels.
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Additional comparisons with the outputs of other decision making techniques are provided based on two examples.
Figure 6 Suggested decision making techniques depending on the assumed a priori knowledge.
Kumar et al. (2011) developed a DSS for supplier selection based on fuzzy decision making techniques.
The constructed model can be solved by various multi-criteria decision making techniques.
As a matter of fact the impact of sensing errors can be significant on decision making techniques.
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