"SimDec is a revolution in decision-making support. SimDec "teases out" inherent cause-and-effect relationships and reveals the intricacy of relationships between sets of input and output variables. At its core, SimDec is an amalgamation of uncertainty and global sensitivity analysis with an...

Real world†decision-making applications generally contain multifaceted performance requirements riddled with incongruent performance specifications. There are invariably unmodelled elements, not apparent during model construction, which can greatly impact the acceptability of the...

Data Envelopment Analysis (DEA) is a methodology for evaluating the relative efficiencies of a set of decision-making units (DMUs). The original model is based on the assumption that in a multiple input, multiple output setting, all inputs impact all outputs. In many situations, however, this...

A mixed-model manufacturing facility running under a Just-in-Time (JIT) production system is controlled by setting the production sequence of the final assembly process. This sequence is set to achieve the primary goal of an organization operating under a JIT system, which is to maintain a...