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Dimensionality reduction for multi-criteria problems: an application to the decommissioning of oil and gas installations

Martins, Isabelle D., Bahiense, Laura, Infante, Carlos E.D and Fernandes De Arruda, Edilson 2020. Dimensionality reduction for multi-criteria problems: an application to the decommissioning of oil and gas installations. Expert Systems with Applications 148 , 113236. 10.1016/j.eswa.2020.113236
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Abstract

This paper is motivated by decommissioning studies in the field of oil and gas, which comprise a very large number of installations and are of interest to a large number of stakeholders. Generally, the problem gives rise to complicated multi-criteria decision aid tools that rely upon the costly evaluation of multiple criteria for every piece of equipment. We propose the use of machine learning techniques to reduce the number of criteria by feature selection, thereby reducing the number of required evaluations and producing a simplified decision aid tool with no sacrifice in performance. In addition, we also propose the use of machine learning to explore the patterns of the multi-criteria decision aid tool in a training set. Hence, we predict the outcome of the analysis for the remaining pieces of equipment, effectively replacing the multi-criteria analysis by the computational intelligence acquired from running it in the training set. Computational experiments illustrate the effectiveness of the proposed approach.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Mathematics
Publisher: Elsevier
ISSN: 0957-4174
Date of First Compliant Deposit: 23 January 2020
Date of Acceptance: 22 January 2020
Last Modified: 03 Sep 2020 01:24
URI: http://orca.cf.ac.uk/id/eprint/128967

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