This book discusses the issue of uncertainty in decision-making by describing a number of illustrative applications of decision-making methodologies that provide best-practice guidelines. It offers a unique guide to multiple-criteria decision-making (MCDM) in uncertain environments and includes several case studies focusing on energy applications. Decision-making in uncertain environments is unavoidable in engineering and management, and this uncertainty can be a barrier to the implementation of multiple-criteria decision-making (MCDM). The book is a valuable resource for researchers and practitioners seeking a practical guide to the implementation of decision-making methodologies

Author Biography

Dr Athanasios Kolios is a Senior Lecturer in Risk Management and Reliability Engineering and Director of the Energy Doctoral Training Programme at Cranfield University. Quantitative methods in engineering, decision making and risk management are among his key activities for research and consultancy. Over the past few years, he has developed and applied MCDM and stochastic expansion methods to a variety of problems related to Energy Systems and has published extensively on this subject. Dr Konstantinos Salonitis is a Senior Lecturer in Manufacturing Systems and the Director of Maufacturing Systems and Management Programme at Cranfield University. For the needs of his research he is applying quantitative methods for decision making and risk management of manufacturing systems operations. A number of papers have been published using these methods