TODIM Method for Interval-Valued Pythagorean Fuzzy MAGDM Based on Cumulative Prospect Theory and Its Application to Green Supplier Selection

Author(s):  
Mengwei Zhao ◽  
Guiwu Wei ◽  
Cun Wei ◽  
Jiang Wu
IEEE Access ◽  
2019 ◽  
Vol 7 ◽  
pp. 124315-124328 ◽  
Author(s):  
Song Nie ◽  
Huchang Liao ◽  
Xingli Wu ◽  
Zeshui Xu

2019 ◽  
Vol 11 (7) ◽  
pp. 1872 ◽  
Author(s):  
Patchara Phochanikorn ◽  
Chunqiao Tan

Environmental concerns have globally driven the encouragement of green supply chain management. Accordingly, business and industrial organizations try to seek green supply chain strategies to respond to market pressure regarding corporate social responsibility. Green supplier selection is one of the practical strategies for modern enterprises. With the large-scale development of the palm oil products industry, green supplier selection technique is the key for decision making when dealing with mass information and possible risks of biased data. For instance, the preference of decision makers possibly causes a misleading decision, thus leading to unnecessary waste of resources. Therefore, the contribution of this paper is to apply the integrated multi-criteria decision method using the ‘fuzzy decision-making trial and evaluation laboratory’ (fuzzy DEMATEL) method to consider the cause and effect relationship and then using fuzzy analytic network process (fuzzy ANP) to assign the weight of each relevant criteria. The initial results are useful for strategic procurement planning. In the final step, we adopt the prospect theory to synthesize procurement’s psychological and behavioral factors when selecting green suppliers. The final result refers to the comprehensive prospect value to rank the eligible suppliers into orders. Moreover, the results of both sensitivity analysis and comparison method confirm that the proposed model is adequately realistic and robust.


Author(s):  
Jianping Lu ◽  
Tingting He ◽  
Guiwu Wei ◽  
Jiang Wu ◽  
Cun Wei

The aging trend of China’s population is increasing, and the pension problem is becoming increasingly prominent. The pension mode provided by the government alone can no longer meet the social demand, and the government’s purchase of home-based care services from social organizations has become a new trend. In order to improve the efficiency and quality of pension services, a reasonable performance evaluation model needs to be established. Performance evaluations of home-based elderly-care services purchased by the government are problematic as a result of multiple-attribute group decision-making (MAGDM), as the problems are not single-attribute or single-expert issues. The extended TODIM not only integrates the advantages of cumulative prospect theory (CPT) into a consideration of the psychological factors of DMs, but also retains the superiority of the classical TODIM in relative dominance. The Pythagorean 2-tuple linguistic sets (P2TLSs) could easily depict qualitative assessment information related to the government’s purchase of home-based care services. Thus, in this paper, we extend the TODIM method based on the cumulative prospect theory (CPT) to the Pythagorean 2-tuple linguistic sets (P2TLSs) and propose a Pythagorean 2-tuple linguistic CPT-TODIM (P2TL-CPT-TODIM) method for MAGDM. The P2TL-CPT-TODIM method was proven superior to the classical one through a case study that included a performance evaluation of a home-based elderly-care service purchased by the government. Meanwhile, a comparison with the P2TL-CPT-TODIM method was performed to demonstrate the stability and effectiveness of the designed method.


IEEE Access ◽  
2019 ◽  
Vol 7 ◽  
pp. 108001-108013 ◽  
Author(s):  
Mei-Qin Wu ◽  
Can-Hui Zhang ◽  
Xiao-Na Liu ◽  
Jian-Ping Fan

2021 ◽  
pp. 1-17
Author(s):  
Shunsheng Guo ◽  
Yuji Gao ◽  
Jun Guo ◽  
Zhijie Yang ◽  
Baigang Du ◽  
...  

With the aggravation of market competition, strategic supplier is becoming more and more critical for the success of manufacturing enterprises. Suppler selection, being the critical and foremost activity must ensure that selected suppliers are capable of supporting the long-term development of organizations. Hence, strategic supplier selection must be restructures considering the long-term relationships and prospects for sustainable cooperation. This paper proposes a novel multi-stage multi-attribute group decision making method under an interval-valued q-rung orthopair fuzzy linguistic set (IVq-ROFLS) environment considering the decision makers’ (DMs) psychological state in the group decision-making process. First, the initial comprehensive fuzzy evaluations of DMs are represented as IVq-ROFLS. Subsequently, two new operators are proposed for aggregating different stages and DMs’ preferences respectively by extending generalized weighted averaging (GWA) to IVq-ROFLS context. Later, a new hamming distance based linear programming method based on entropy measure and score function is introduced to evaluate the unknown criteria weights. Additionally, the Euclidean distance is employed to compute the gain and loss matrix, and objects are prioritized by extending the popular Prospect theory (PT) method to the IVq-ROFLS context. Finally, the practical use of the proposed decision framework is validated by using a strategic supplier selection problem, as well as the effectiveness and applicability of the framework are discussed by using comparative analysis with other methods.


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