Multi-criteria decision making based on ranking of neutrosophic trapezoidal fuzzy numbers

Author(s):  
M. Suresh ◽  
K. Arun Prakash ◽  
S. Vengataasalam
2014 ◽  
Vol 5 (3) ◽  
pp. 65-86 ◽  
Author(s):  
Ahmad Jafarnejad Chaghooshi ◽  
Ehsan Khanmohammadi ◽  
Maryam Faghei ◽  
Amir Karimi

Outsourcing plays an important role in the success of organizations. One of the risks associated with outsourcing is inappropriate contractor selection which significantly influences the implementation of projects in terms of time, quality, and cost. In this study, we applied multi-criteria decision-making techniques in order to determine the best contractor using criteria such as reputation, offered price, and technical capacity. This study is primarily aimed at identifying important criteria of contractor selection, determining the significance of the criteria, and designing a framework for selection of the most appropriate contractor. Important criteria for selecting contractors were extracted from the literature and experts' views were collected using questionnaire. Accordingly, six criteria were selected and their weights were determined by the application of goal programming. Finally, contractors were ranked and the best contractor was selected using fuzzy ELECTRE technique with trapezoidal fuzzy numbers.


2021 ◽  
Author(s):  
Kavitha Koppula ◽  
Babushri Srinivas Kedukodi ◽  
Syam Prasad Kuncham

AbstractWe define $$2n+1$$ 2 n + 1 and 2n fuzzy numbers, which generalize triangular and trapezoidal fuzzy numbers, respectively. Then, we extend the fuzzy preference relation and relative preference relation to rank $$2n+1$$ 2 n + 1 and 2n fuzzy numbers. When the data is representable in terms of $$2n+1$$ 2 n + 1 fuzzy number, we generalize the FMCDM (fuzzy multi-criteria decision making) model constructed with TOPSIS and relative preference relation. Lastly, we give an example from telecommunications to present the proposed FMCDM model and validate the results obtained.


2017 ◽  
Vol 30 (11) ◽  
pp. 3303-3315 ◽  
Author(s):  
Dhanasekaran Ponnialagan ◽  
Jeevaraj Selvaraj ◽  
Lakshmana Gomathi Nayagam Velu

2016 ◽  
Vol 22 (3) ◽  
pp. 453-469 ◽  
Author(s):  
Peide LIU ◽  
Ye LI ◽  
Jurgita ANTUCHEVIČIENĖ

In the real decision-making, there are many multiple attribute decision-making (MADM) problems, in which there exists the prioritised relationship among decision-making attributes. In this paper, with respect to the prioritised multi-criteria decision-making problems under intuitionistic trapezoidal fuzzy information, a new decision-making method on the basis of the intuitionistic trapezoidal fuzzy prioritised ordered weighted aggregation operator has been proposed. Firstly, the definitions, operational rules and characteristics of intuitionistic trapezoidal fuzzy numbers and POWA operator have been introduced. Then, intuitionistic trapezoidal fuzzy prioritised ordered weighted aggregation (ITFPOWA) operator has been defined as well as the computational method of associated weight, and some properties have been studied and proved. Furthermore, based on the ITFPOWA operator, an approach to the multi-criteria decision-making with intuitionistic trapezoidal fuzzy numbers has been established. Finally, an illustrative example has been given to prove the evaluation procedures of the developed approach and to demonstrate its practicality and validity.


2020 ◽  
Author(s):  
Teimuraz Tsabadze

The purpose of this chapter is to introduce a new approach for an assessment of the credit risks. The initial part of the chapter is to briefly discuss the existing models of assessment of the credit risks and justify the need for a new approach. Since a new approach is created for conditions of uncertainty, we cannot do without fuzzy mathematics. The proposed approach is based on group decision-making, where experts’ opinions are expressed by trapezoidal fuzzy numbers. The theoretical basis of the offered approach is laid out in the metric space of trapezoidal fuzzy numbers. The new approach is introduced and discussed, and two realization algorithms are given. The toy example of application of the introduced approach is offered as well.


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