Optimal decision-making via binary decision diagrams for investments under a risky environment

References

• Abdolhamid, T., S. Somhon, and T. Enkawa. 1997. “A Competitive Neural Network Algorithm for Solving Vehicle Routing Problem.” Computers and Operations Research 33: 473–476.
   Google Scholar
• Andrews, J. D. 2008. “Birnbaum and Criticality Measures of Component Contribution to the Failure of Phased Missions.” Reliability Engineering & System Safety 93 (12): 1861–1866.10.1016/j.ress.2008.03.009
   Web of Science ®Google Scholar
• Bartlett, L. M., and J. D. Andrews. 2001. “Comparison of Two New Approaches to Variable Ordering for Binary Decision Diagrams.” Quality and Reliability Engineering International 17 (3): 151–158.10.1002/(ISSN)1099-1638
   Web of Science ®Google Scholar
• Blockley, D. 2013. “Analysing Uncertainties: Towards Comparing Bayesian and Interval Probabilities.” Mechanical Systems and Signal Processing 37 (1–2): 30–42.10.1016/j.ymssp.2012.05.007
   Web of Science ®Google Scholar
• Borgonovo, E. 2007. “Differential, Criticality and Birnbaum Importance Measures: An Application to Basic Event, Groups and SSCs in Event Trees and Binary Decision Diagrams.” Reliability Engineering & System Safety 92: 1458–1467.10.1016/j.ress.2006.09.023
   Web of Science ®Google Scholar
• Cascetta, E., A. Cartenì, F. Pagliara, and M. Montanino. 2015. “A New Look at Planning and Designing Transportation Systems: A Decision-Making Model Based on Cognitive Rationality, Stakeholder Engagement and Quantitative Methods.” Transport Policy 38: 27–39.10.1016/j.tranpol.2014.11.005
   Web of Science ®Google Scholar
• Chernoff, Egan J. 2008. “The State of Probability Measurement in Mathematics Education: A First Approximation.” Philosophy of Mathematics Education Journal 23: 19–29.
   Google Scholar
• Cheok, M. C., G. W. Parry, and R. R. Sherry. 1998. “Use of Importance Measures in Risk-informed Regulatory Applications.” Reliability Engineering & System Safety 60: 213–226.10.1016/S0951-8320(97)00144-0
   Web of Science ®Google Scholar
• Cho, S., H.-B. Jun, and D. Kiritsis. 2016. “Developing a Temporary Workforce Transaction Mechanism from Risk Sharing Perspectives.” International Journal of Production Research 54: 1–17.10.1080/00207543.2016.1174341
   PubMed Web of Science ®Google Scholar
• Deng, Y., H. Wang, and B. Guo. 2015. “BDD Algorithms Based on Modularization for Fault Tree Analysis.” Progress in Nuclear Energy 85: 192–199.10.1016/j.pnucene.2015.06.019
   Web of Science ®Google Scholar
• Dixit, V., R. K. Srivastava, and A. Chaudhuri. 2015. “Project Network-Oriented Materials Management Policy for Complex Projects: A Fuzzy Set Theoretic Approach.” International Journal of Production Research 53: 2904–2920.10.1080/00207543.2014.948971
   Web of Science ®Google Scholar
• Ekici, A., B. Altan, and O. Ö. Özener. 2016. “Pricing Decisions in a Strategic Single Retailer/Dual Suppliers Setting under Order Size Constraints.” International Journal of Production Research 54: 1887–1898.10.1080/00207543.2015.1054451
   Web of Science ®Google Scholar
• Fujita, M., H. Fujisawa, and N. Kawato. 1988. “Evaluation and Improvement of Boolean Comparison Method Based on Binary Decision Diagrams.” In ICCAD, Santa Clara, vol. 88, 2–5.
   Google Scholar
• Fülöp, J. 2005. “Introduction to Decision Making Methods.” BDEI-3 Workshop, Washington.
   Google Scholar
• Fussell, J. B. 1975. “How to Hand-calculate System Reliability and Safety Characteristics.” IEEE Transactions on Reliability R-24 (3): 169–174.10.1109/TR.1975.5215142
   Web of Science ®Google Scholar
• García, F., and I. P. García-Pardo. 2010. “Principal Component Analysis Applied to Filtered Signals for Maintenance Management.” Quality and Reliability Engineering International 26: 523–527.
   Web of Science ®Google Scholar
• Garcia Marquez, F. P., I. Peña, and M. Ramos. 2013. “Competitiveness Based on Logistic Management: A Real Case Study.” Annals of Operations Research 233 (1): 157–169.
   Web of Science ®Google Scholar
• García, F., and J. M. C. Muñoz. 2012. “A Pattern Recognition and Data Analysis Method for Maintenance Management.” International Journal of Systems Science 43: 1014–1028.
   Web of Science ®Google Scholar
• García, F., J. P. P. M. Papaelias, R. R. Hermosa 2012. “Wind Turbines Maintenance Management Based on Fta and Bdd.” International Conference on Renewable Energies and Power Quality (ICREPQ’12), Santiago de Compostela, Spain.
   Google Scholar
• García, F., D. J. Pedregal, and C. Roberts. 2015. “New Methods for the Condition Monitoring of Level Crossings.” International Journal of Systems Science 46: 878–884.
   Web of Science ®Google Scholar
• García, F., J. M. Chacón Muñoz, and A. M. Tobias. 2015. “B-spline Approach for Failure Detection and Diagnosis on Railway Point Mechanisms Case Study.” Quality Engineering 27: 177–185.
   Web of Science ®Google Scholar
• Gendreau, M., A. Hertz, G. Laporte. 1994. “A Tabu Search Heuristic for the Vehicle Routing Problem.” Management Science 40: 1276–1290.10.1287/mnsc.40.10.1276
   Web of Science ®Google Scholar
• Goertz, G. 2004. “Constraints, Compromises and Decision Making.” Journal of Conflict Resolution 48 (1): 14–37.10.1177/0022002703260273
   Web of Science ®Google Scholar
• Gorissena, B. L., I. Yanıkoğlua, and D. Hertoga. 2015. “A Practical Guide to Robust Optimization.” Omega 53: 124–137.10.1016/j.omega.2014.12.006
   Web of Science ®Google Scholar
• Guajardo, M., and M. Rönnqvist. 2015. “Cost Allocation in Inventory Pools of Spare Parts with Service-differentiated Demand Classes.” International Journal of Production Research 53: 220–237.10.1080/00207543.2014.948577
   Web of Science ®Google Scholar
• Hajej, Z., S. Turki, and N. Rezg. 2015. “Modelling and Analysis for Sequentially Optimising Production, Maintenance and Delivery Activities Taking into Account Product Returns.” International Journal of Production Research 53: 4694–4719.10.1080/00207543.2015.1041569
   Web of Science ®Google Scholar
• Hopfield, J. J., and D. W. Tank. 1985. “‘Neural’ Computation of Decisions in Optimization Problems.” Biological Cybernetics 52: 141–152.
   PubMed Web of Science ®Google Scholar
• Jensen, R., and M. M. Veloso. 2000. “OBDD-based Universal Planning for Synchronized Agents in Non-Deterministic Domains.” Journal of Artificial Intelligence Research 13: 189–226.
   Web of Science ®Google Scholar
• Koehler, G. J., and H. Kim. 1995. “Theory and Practice of Decision Tree Induction.” Omega 23 (6): 637–652.
   Web of Science ®Google Scholar
• Kull, T. J., A. Oke, and K. J. Dooley. 2014. “Supplier Selection Behavior under Uncertainty: Contextual and Cognitive Effects on Risk Perception and Choice.” Decision Sciences 45 (3): 467–505.10.1111/deci.2014.45.issue-3
   Web of Science ®Google Scholar
• Leung, K. S., H. D. Jin, and Z. B. Xu. 2004. “An Expanding Self-organizing Neural Network for the Traveling Salesman Problem.” Neurocomputing 62: 267–292.10.1016/j.neucom.2004.02.006
   Web of Science ®Google Scholar
• Manupati, V. K., R. Anand, J. J. Thakkar, L. Benyoucef, F. P. Garsia, and M. K. Tiwari. 2013. “Adaptive Production Control System for a Flexible Manufacturing Cell Using Support Vector Machine-based Approach.” The International Journal of Advanced Manufacturing Technology 67 (1–4): 969–981.10.1007/s00170-012-4541-1
   Web of Science ®Google Scholar
• Mardan, E., M. S. Amalnik, and M. Rabbani. 2015. “An Integrated Emergency Ordering and Production Planning Optimization Model with Demand and Yield Uncertainty.” International Journal of Production Research 53: 6023–6039.10.1080/00207543.2015.1008109
   Web of Science ®Google Scholar
• Márquez, F. P. 2008. “Binary Decision Diagrams Applied to Fault Tree Analysis.” 4th IET International Conference on Railway Condition Monitoring, Derby, 2008, 1–5.
   Google Scholar
• Márquez, F. P. 2010. “A New Method for Maintenance Management Employing Principal Component Analysis.” Structural Durability & Health Monitoring 6 (2): 89–99.
   Google Scholar
• Márquez, F. P. G., J. M. P. Pérez, A. P. Marugán, and M. Papaelias. 2016. “Identification of Critical Components of Wind Turbines Using FTA over the Time.” Renewable Energy 87: 869–883.10.1016/j.renene.2015.09.038
   Web of Science ®Google Scholar
• Marugán, A. P., and F. P. G. Márquez. 2015a. “Decision Making Approach for Optimal Business Investments.” In Advanced Business Analytics, 1–20. Springer.
   Google Scholar
• Marugán, A. P., F. P. G. Márquez 2015b. “Improving the Efficiency on Decision Making Process via BDD.” In Proceedings of the Ninth International Conference on Management Science and Engineering Management, 1395–1405. Springer.
   Google Scholar
• Moore, E. F. 1956. “Reliable Circuits Using Less Reliable Relays.” Journal of the Franklin Institute 262 (3): 191–208.
   Google Scholar
• Muñoz, J. C., F. García, and M. Papaelias. 2013. “Railroad Inspection Based on ACFM Employing a Non-uniform B-spline Approach.” Mechanical Systems and Signal Processing 40: 605–617.
   Web of Science ®Google Scholar
• Muñoz, C. Q. G., F. García, and J. M. S. Tomás. 2016. “Ice Detection Using Thermal Infrared Radiometry on Wind Turbine Blades.” Measurement 93: 157–163.
   Web of Science ®Google Scholar
• Pedregal, P. 2003. Introduction to Optimization. Edition 2004. 67–132. Springer.
   Google Scholar
• Pérez, J. M. P., F. García, and D. R. Hernández. 2016. “Economic Viability Analysis for Icing Blades Detection in Wind Turbines.” Journal of Cleaner Production 135: 1150–1160.10.1016/j.jclepro.2016.07.026
   Web of Science ®Google Scholar
• Peterson, C. 1990. “Parallel Distributed Approaches to Combinatorial Optimization: Benchmark Studies on Traveling Salesman Problem.” Neural Computation 2: 261–269.10.1162/neco.1990.2.3.261
   Web of Science ®Google Scholar
• Pliego, A., and F. P. Marquez 2015. “A Novel Approach to Diagnostic and Prognostic Evaluations Applied to Railways: A Real Case Study.” Proceedings of the Institution of Mechanical Engineers, Part F: Journal of Rail and Rapid Transit. 0954409715596183. SAGE Publications.
   Web of Science ®Google Scholar
• Pliego Marugán, A., F. P. García Márquez, and J. Lorente. 2015. “Decision Making Process via Binary Decision Diagram.” International Journal of Management Science and Engineering Management 10 (1): 3–8.10.1080/17509653.2014.946977
   Web of Science ®Google Scholar
• Pliego Marugán, A., F. P. García Márquez, and J. M. Pinar Pérez. 2016. “Optimal Maintenance Management of Offshore Wind Farms.” Energies 9 (1): 46.10.3390/en9010046
   Web of Science ®Google Scholar
• Pliego, A., F. García Márquez, and J. Lorente. 2015. “Decision Making Process via Binary Decision Diagram.” International Journal of Management Science and Engineering Management 10 (1): 3–8.10.1080/17509653.2014.946977
   Google Scholar
• Rauzy, A. 1993. “New Algorithms for Fault Trees Analysis.” Reliability Engineering & System Safety 40: 203–211.10.1016/0951-8320(93)90060-C
   Web of Science ®Google Scholar
• Rezaei, J. 2015. “Best-worst Multi-criteria Decision-making Method.” Omega 53: 49–57.10.1016/j.omega.2014.11.009
   Web of Science ®Google Scholar
• Ruiz, R., F. P. García Márquez, and V. Dimlaye. 2014. “Pattern Recognition by Wavelet Transforms Using Macro Fibre Composites Transducers.” Mechanical Systems and Signal Processing 48 (1): 339–350.
   Web of Science ®Google Scholar
• Ruiz, R., F. P. Márquez, and V. Dimlaye. 2014. “Maintenance Management of Wind Turbines Structures via MFCs and Wavelet Transforms.” Renewable and Sustainable Energy Reviews 48: 472–482.
   Web of Science ®Google Scholar
• Suzuki, Y., and J. Dai. 2013. “Decision Support System of Truck Routing and Refueling: A Dual-objective Approach.” Decision Sciences 44 (5): 817–842.10.1111/deci.2013.44.issue-5
   Web of Science ®Google Scholar
• Talluri, S., H. A. De Campos, and T. G. Hult. 2013. “Supplier Rationalization: A Sourcing Decision Model.” Decision Sciences 44 (1): 57–86.10.1111/deci.2013.44.issue-1
   Web of Science ®Google Scholar
• Taticchi, P., P. Garengo, S. S. Nudurupati, F. Tonelli, and R. Pasqualino. 2015. “A Review of Decision-support Tools and Performance Measurement and Sustainable Supply Chain Management.” International Journal of Production Research 53 (21): 6473–6494.10.1080/00207543.2014.939239
   Web of Science ®Google Scholar
• Wan, S. P., F. Wang, and J. Y. Dong. 2016. “A Novel Group Decision Making Method with Intuitionistic Fuzzy Preference Relations for RFID Technology Selection.” Applied Soft Computing 38: 405–422.10.1016/j.asoc.2015.09.039
   Web of Science ®Google Scholar
• Way, Y. S., and D. Y. Hsia. 2000. “A Simple Component-Connection Method for Building Binary Decision Diagrams Encoding a Fault Tree.” Reliability Engineering and System Safety 70: 59–70.10.1016/S0951-8320(00)00048-X
   Web of Science ®Google Scholar
• Wu, D. D., S. H. Chen, and D. L. Olson. 2014. “Business Intelligence in Risk Management: Some Recent Progresses.” Information Sciences 256: 1–7.
   Web of Science ®Google Scholar
• Wu, D. D., D. L. Olson, and C. Luo. 2014. “A Decision Support Approach for Accounts Receivable Risk Management.” IEEE Transactions on Systems, Man, and Cybernetics: Systems 44 (12): 1624–1632.
   Web of Science ®Google Scholar
• Wu, D., D. L. Olson, and A. Dolgui. 2015. “Decision Making in Enterprise Risk Management: A Review and Introduction to Special Issue.” Omega 57: 1–4.10.1016/j.omega.2015.04.011
   Web of Science ®Google Scholar
• Zhang, Z., and C. Guo. 2016. “Notes on ‘Logarithmic Least Squares Method to Priority for Group Decision Making with Incomplete Fuzzy Preference Relations’” Applied Mathematical Modelling 40 (3): 1788–1792.10.1016/j.apm.2015.07.024
   Web of Science ®Google Scholar