Decision Making Under Uncertainty Via Optimization, Modelling, and Analysis

This book focuses on cutting-edge developments in optimal decision-making incorporating modeling and optimization for determining renewable energy sources, supply chain management, and environmental planning under uncertainty. It addresses mathematical models of cost-effective management policies. This book presents the best decision-making practices for solving real-world challenges. This book provides access to an invaluable collection of various decision-making issues that scholars and industry practitioners use as a reference. The readers are able to understand how decision-making problems are formulated under uncertainty and how to use right optimization strategies to fix problems.

Laxminarayan Sahoo is currently an associate professor of Computer and Information Science, Raiganj University, Raiganj, India. He obtained his M.Sc. from Vidyasagar University, India, and his Ph.D. from the University of Burdwan, India. He has received MHRD fellowship from Govt. of India during his M. Tech. course at ISM, Dhanbad, India, and received Prof. M.N. Gopalan Award for Best Ph.D. thesis in Operations Research from Operational Research Society of India (ORSI). Dr. Sahoo has successfully guided four research scholars for Ph.D. degree and four students continuing Ph.D. degree and has published more than 80 articles in international and national journals. He has also successfully completed one UGC minor research project. He is a reviewer of several international journals and an academic editor of International Journal “Mathematical Problems in Engineering,” Hindawi Publication.  Tapan Senapati is a postdoctoral fellow at Southwest University, School of Mathematics and Statistics, 400715 Chongqing, China. He received the B.Sc., M.Sc., and Ph.D. degrees in Mathematics from the Vidyasagar University, India, in 2006, 2008, and 2013, respectively. He has published three books and more than 160 articles in international journals. He is a reviewer of several international journals and a member of the editorial boards of many journals. His name has recently been enlisted in the World's Top 2% Scientists in the field of Artificial Intelligence (2022, 2023), identified by Elsevier BV, Stanford University. He is also the editor of the book “Real Life Applications of Multiple Criteria Decision-Making Techniques in Fuzzy Domain” published by Springer. His main scientific interests are fuzzy sets, fuzzy optimization, soft computing, multi-attribute decision-making, and aggregation operators. Prof. Madhumangal Pal is currently a professor and head of Applied Mathematics and Director of IQAC, Vidyasagar University. He has received gold and silver medals from Vidyasagar University for ranking first and second in the M.Sc. and B.Sc. examinations, respectively. Also, he received the “Computer Division Medal” from the Institute of Engineers (India) in 1996 for best research work. In 2013, he received Bharat Jyoti Award for his significant contribution in academics. In 2023, Prof Pal received the Vidyasagar Memorial Research Award from Vidyasagar University for best research work during the last ten years. Prof. Pal has successfully guided 43 research scholars for Ph.D. degrees and has published more than 404 articles in international and national journals. His specializations include algorithms and fuzzy graph theory, fuzzy matrix, genetic algorithms, and parallel algorithms.Prof. Ronald R. Yager has worked in the area of machine intelligence for over twenty-five years. He has published near about 1000 papers and more than thirty books in areas related to artificial intelligence, fuzzy sets, decision-making under uncertainty, and the fusion of information. He