Aplication of mathematical methods in decision making

Zein Hammad

Master's thesis

Abstract:

This Diploma thesis deals with the application of mathematical models in decision-making. The main aim of the thesis is to choose a suitable electric car for AGEMSYS Development s.r.o and the partial goal is the formulation of a decision model along with a market segment search. The theoretical part includes basic concepts of decision theory, the process of decision, types of decision problems, and the degree of certainty behind each decision type. The part also contains descriptions of different methods of multicriteria decision-making including ways to determine the weights of criteria and software used in decision support systems. Further, There is an overview of the trends in the field of electromobility in the Czech Republic and some information about the charging station infrastructure. The practical part consists of the main steps of formulation of the decision-making model, there is an introduction of the selected company, its products, and goals, then the AHP method is applied to the selection of the electric car. Alternatives are selected from the Czech market and Information about the alternatives are gathered from official websites, moreover, the weights of criteria are determined using Saaty’s method by one expert from the company. In conclusion, the alternatives are sorted according to the total utility and the result will be discussed with the company managers.

Keywords

Operational research, Multiple criteria decision-making, Decision making, AHP

Language used: English

Date on which the thesis was submitted / produced: 1. 4. 2023

Thesis defence

• Date of defence: 24. 5. 2023
• Supervisor: doc. Ing. Ludmila Dömeová, CSc.
• Reader: Lucie Mašek, externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Systems Engineering and Informatics / Informatics