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This book provides in-depth guidance on how to use multi-criteria decision analysis methods for risk assessment and risk management. The frontiers of engineering operations management methods for identifying the risks, investigating their roles, analyzing the complex cause-effect relationships, and proposing countermeasures for risk mitigation are presented in this book. There is a total of ten chapters, mainly including the indicators and organizational models for risk assessment, the integrated Bayesian Best-Worst method and classifiable TOPSIS model for risk assessment, new risk prioritization model, fuzzy risk assessment under uncertainties, assessment of COVID-19 transmission risk based on fuzzy inference system, risk assessment and mitigation based on simulation output analysis, energy supply risk analysis, risk assessment and management in cash-in-transit vehicle routing problems, and sustainability risks of resource-exhausted cities. The most significant feature of this book is that it provides various systematic multi-criteria decision analysis methods for risk assessment and management, and illustrates the application of these methods in different fields. This book is beneficial to policymakers, decision-makers, experts, researchers and students related to risk assessment and management.
The authors and editors of this volume state that with the intensive growth of global industrialization and urbanization, the consumption of various resources and materials, such as energy, minerals, and even water, is increasing at an amazing speed, which poses great pressure on material resources. In addition, the massive utilization of materials has led to low efficiency, resulting in great wastes of resources as well as serious environmental pollutions and degradation, which has severely hindered the sustainable development of economy and society. In order to transit to sustainable development, it is necessary to improved resource efficiency, and circular economy and waste valorization are the best alternative ways for achieving this goal. This book aims to provide an in-depth description of circular economy and waste valorization, make assessments for circular economy and waste valorization in different regions and countries and determine the technological pathways and roadmap for achieving circular economy and waste valorization. More specifically: (1) Conceptions and Theories: Concepts and definitions of circular economy and waste valorization and their nexus and contributions to sustainable development. (2) Policy and Practice: Measurement and assessment of performance or sustainability for implementing circular economy and waste valorization. (3) Pathways and Prospects: Identification and prioritization of the barriers, strategies, technologies, and pathways for achieving circular economy and waste valorization. The book systematically and comprehensively introduces the definitions, concepts, framework and nexus of circular economy and waste valorization, analyzes and measures their performance and sustainability and provides the methods for investigating and prioritizing the barriers and strategies and determining the pathways and roadmap for their development.
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