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Decision Method of Optimal Investment Enterprise Selection under Uncertain Information Environment

Xiaoyong Liao
2015 International Journal of Fuzzy System Applications  
In this model, the author defines the concept and operations of fuzzy grey number, and present a ranking method based on fuzzy grey deviation degree to rank the alternative investment enterprises.  ...  In this paper, the author studies the problem of optimal investment enterprise selection decision under uncertain information environment (fuzzy information and grey information coexist), and present a  ...  Li and Liu (2014) defined the concepts of I-fuzzy numbers and the value-index and ambiguity-index, and developed a difference-index based ranking method to solve the problem of multi-attribute group decision  ... 
doi:10.4018/ijfsa.2015010102 fatcat:fkga5ru6yvauvhviwdvxbwag7m

Multistage Multiattribute Group Decision-Making Method Based on Triangular Fuzzy MULTIMOORA

Wen-feng Dai, Qiu-yan Zhong, Chun-ze Qi
2016 Mathematical Problems in Engineering  
This paper proposed a new multiattribute group decision-making method, in which the period significance coefficients and the attribute significance coefficients are completely unknown, and the attribute  ...  values are triangular fuzzy numbers.  ...  Aiming at these problems mentioned above, we put forward a novel extended method of MULTIMOORA to solve the MAGDM problem.  ... 
doi:10.1155/2016/1687068 fatcat:asgovmix6zfqbmsgtbrq3dltoi

Fuzzy Applications of FUCOM Method in Manufacturing Environment

Mehmet Alper Sofuoğlu
2019 Journal of Polytechnic  
Choosing the most suitable manufacturing method for the part is a vital decision-making problem and the solution of this problem is very important for today's manufacturers.  ...  In this study, three different Full Consistency Method (FUCOM) methods were combined with fuzzy Technique for Order Preference by Similarity to Ideal Solution method (fuzzy TOPSIS) and fuzzy weighted aggregated  ...  Selection of the most suitable production method for the workpiece is a vital decision-making problem and the solution of this problem is very important for manufacturers.  ... 
doi:10.2339/politeknik.586036 fatcat:aszhzgwu25c7bjmkjm7oflfisq

Bi-Level, Multi –Level Multiple Criteria Decision Making And Topsis Approach-Theory, Applications And Software: A Literature Review (2005-2015

Tarek H. M. Abou-El-Enien, Shereen Fathy El-Feky
2015 Zenodo  
This paper presents a literature review on the theory, applications and software of Bi-level, Multi –Level Multiple Criteria Decision Making and TOPSIS (Technique for Order Preference by Similarity Ideal  ...  [41] , extend the TOPSIS method for decision-making problems with fuzzy data.  ...  Preference ratio with a moderate modification for negative fuzzy numbers was used as an efficient ranking method for fuzzy numbers in a relative manner. Tan, Y. T., et al.  ... 
doi:10.5281/zenodo.32246 fatcat:25pt5pk7wvc5vmfwo7y2x6ulci

Novel Distance Measure in Fuzzy TOPSIS to Improve Ranking Process: An Application to the Spanish Grocery Industry

In this paper, a novel approach to measuring distances between triangular fuzzy numbers is suggested. This new method allows to improve sensitivity of results.  ...  In the case of fuzzy TOPSIS, several distance measures are applied and a novel measure based on the Spearman distance is introduced.  ...  The use of a novel distance measure, a Spearman distance extension based on the Hausdorff metric, improves the sensitivity of results and offers the decision maker a new alternative for fuzzy TOPSIS.  ... 
doi:10.24818/18423264/ fatcat:btktvfsgjbgctkpvn4qnlyiuwm

A Novel Multi-Criteria Decision Making Method based on The Ranking Values of Interval Type-2 Fuzzy Sets: An Application of a Manager Selection for a Telecommunication Company

2018 Süleyman Demirel Üniversitesi Fen Bilimleri Enstitüsü Dergisi  
Interval Type-2 fuzzy sets (IT2FSs) are the most commonly used T2FSs. In this study, a method based upon ranking values of IT2FSs is used to tackle multi-criteria decision making (MCDM) problems.  ...  Type-2 fuzzy sets (T2FSs), characterized by a fuzzy membership function, are much useful tool for representing the decision knowledge in the decision making process.  ...  Acknowledgment An earlier version of this study is presented by the authors at The International Conference on Science, Ecology and Technology I (ICONSETE' 2015), 25-28 August 2015, Vienna, Austria.  ... 
doi:10.19113/sdufbed.28468 fatcat:yzep4psffrdujlowgioy4hhoui

A trapezoidal type-2 fuzzy multi-criteria decision making method based on TOPSIS for supplier selection

Berk Ayvaz, Ali Osman Kuşakcı
2017 Pamukkale University Journal of Engineering Sciences  
Uncertainty and impreciseness of data is an integral part of decision making process for a real life application. The fuzzy set theory allows making decisions under uncertain environment.  ...  In this paper, a trapezoidal type 2 fuzzy multicriteria decision making methods based on TOPSIS is proposed to select convenient supplier under vague information.  ...  Firstly, they proposed a novel method for ranking interval T2FSs. Then, they presented a novel technic for fuzzy MCDM based on the developed ranking method of interval T2FSs.  ... 
doi:10.5505/pajes.2016.56563 fatcat:pmjaq2hdxvfuzd3umwzj5tlvui

Shortcomings Of Existing Ranking Methods For Interval-Valued Intuitionistic Fuzzy Numbers

2019 REST Journal on Emerging trends in Modelling and Manufacturing  
Ranking of alternatives plays an important role in the decision-making (DM) problems. There are lots of methods for ranking of interval-valued intuitionistic fuzzy numbers (IVIFNs) in literature.  ...  This study gives a platform to develop a new ranking method for IVIFNs in future.  ...  There are several types of DM problems such as simple DM problem, multi-criteria decision making (MCDM) problem, multi objective decision making problem, multi-attribute decision making (MADM) problem  ... 
doi:10.46632/jemm/5/4/4 fatcat:idv4amadcnh5dbomjcyo4azzpi

A Novel Fuzzy SIMUS Multicriteria Decision-Making Method. An Application in Railway Passenger Transport Planning

Svetla Stoilova, Nolberto Munier
2021 Symmetry  
The study aims to propose a novel fuzzy multi-criteria method based on the fuzzy linear programming method and sequential interactive model for urban systems method (SIMUS), named fuzzy SIMUS.  ...  In the second stage, the fuzzy SIMUS model for each objective is formed based on fuzzy linear programming method. The third stage deals with the ranking of the alternatives.  ...  Acknowledgments: The authors express their gratitude to "BDZ Passenger Services" Ltd. for providing the data used in this study. Conflicts of Interest: The authors declare no conflict of interest.  ... 
doi:10.3390/sym13030483 fatcat:5vkevnanjbhujbjxzom32lgpkq

An Improved Second Order Training Algorithm for Improving the Accuracy of Fuzzy Decision Trees

Swathi Jamjala Narayanan, Rajen B. Bhatt, Ilango Paramasivam
2016 International Journal of Fuzzy System Applications  
Fuzzy decision tree (FDT) is a powerful top-down, hierarchical search methodology to extract human interpretable classification rules.  ...  For given set of parameters, FDT is constructed using any standard induction algorithms like Fuzzy ID3.  ...  Chen and Wang (2013) presented a new fuzzy ranking method based on the α-cuts of interval type-2 fuzzy sets and further proposed a new method for fuzzy multiple attributes decision making.  ... 
doi:10.4018/ijfsa.2016100105 fatcat:wdp3bdyiv5bcjexedal5iyadyu

A Novel Multicriteria Group Decision Making Approach With Intuitionistic Fuzzy SIR Method [article]

Junyi Chai, James N.K. Liu
2011 arXiv   pre-print
The superiority and inferiority ranking (SIR) method is a generation of the well-known PROMETHEE method, which can be more efficient to deal with multi-criterion decision making (MCDM) problem.  ...  In order to solve uncertainty group MCDM problem, we propose a novel intuitionistic fuzzy SIR method in this paper.  ...  Acknowledgement The authors would like to acknowledge the partial supports from the GRF 5237/08E of the Hong Kong Polytechnic University.  ... 
arXiv:1107.1020v1 fatcat:orykhtfepnhj7hvxfsropcms2m

A Multi-criteria Decision-making Model for Evaluating Suppliers in Green SCM

Wen Jiang, Chan Huang
2018 International Journal of Computers Communications & Control  
In this paper, a novel decision method named fuzzy generalized regret decision-making method is proposed.  ...  By combing the proposed method with the application background of GSCM practices, a novel fuzzy decision model for evaluating GSCM performance is further proposed.  ...  Acknowledgments The work is partially supported by National Natural Science Foundation of China (Program No. 61671384,61703338), the Seed Foundation of Innovation and Creation for Graduate Students in  ... 
doi:10.15837/ijccc.2018.3.3283 fatcat:omsayip6kfeh7cowbnhyoreh2i

A Preference Model for Supplier Selection Based on Hesitant Fuzzy Sets

Zhexuan Zhou, Yajie Dou, Tianjun Liao, Yuejin Tan
2018 Sustainability  
The supplier selection problem is a widespread concern in the modern commercial economy. Ranking suppliers involves many factors and poses significant difficulties for decision makers.  ...  To solve this problem, this paper presents a preference model based on hesitant fuzzy sets (HFS) to select suppliers.  ...  Acknowledgments: We are thankful to the Editor and 1the reviewers for their valuable comments and detailed suggestions to improve the presentation of the paper.  ... 
doi:10.3390/su10030659 fatcat:fq75pczklffrpdvieh3ijoaz6e

A Novel MADM Approach Based on Fuzzy Cross Entropy with Interval-Valued Intuitionistic Fuzzy Sets

Xin Tong, Liying Yu
2015 Mathematical Problems in Engineering  
The paper presents a novel multiple attribute decision-making (MADM) approach for the problem with completely unknown attribute weights in the framework of interval-valued intuitionistic fuzzy sets (IVIFS  ...  First, the fuzzy cross entropy and discrimination degree of IVIFS are defied.  ...  Xie and anonymous reviewers for the valuable comments and suggestions which were very helpful for improvement of the paper.  ... 
doi:10.1155/2015/965040 fatcat:t4ckvrjrtbd5bjhhe3gt4yep2u

Solving multi-criteria group decision making problems under environments with a high number of alternatives using fuzzy ontologies and multi-granular linguistic modelling methods

J.A. Morente-Molinera, G. Kou, R. González-Crespo, J.M. Corchado, E. Herrera-Viedma
2017 Knowledge-Based Systems  
In [19] , a novel framework for multi-criteria group decision making method that uses the fuzzy Choquet integral is used.  ...  In [45] , a novel consensus method that is designed for its application in multi-criteria group decision making process is presented.  ...  Acknowledgements This paper has been developed with the financing of FEDER funds in TIN2013-40658-P , TIN2016-75850-R and Andalusian Excellence Project TIC-5991.  ... 
doi:10.1016/j.knosys.2017.09.010 fatcat:soeojziw2bhy3dqlof4fscm44e
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