Fostering linguistic decision-making under uncertainty: A proportional interval type-2 hesitant fuzzy TOPSIS approach based on Hamacher aggregation operators and andness optimization models

2019 ◽  
Vol 500 ◽  
pp. 229-258 ◽  
Author(s):  
Zhen-Song Chen ◽  
Yi Yang ◽  
Xian-Jia Wang ◽  
Kwai-Sang Chin ◽  
Kwok-Leung Tsui
Keyword(s):  
Decision Making ◽  
Fuzzy Topsis ◽  
Aggregation Operators ◽  
Optimization Models ◽  
Decision Making Under Uncertainty ◽  
Linguistic Decision Making ◽  
Topsis Approach ◽  
Interval Type

scholarly journals An Integrated Best-Worst and Interval Type-2 Fuzzy TOPSIS Methodology for Green Supplier Selection

Mathematics ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 182 ◽  
Author(s):  
Melih Yucesan ◽  
Suleyman Mete ◽  
Faruk Serin ◽  
Erkan Celik ◽  
Muhammet Gul
Keyword(s):  
Decision Making ◽  
Supplier Selection ◽  
Fuzzy Topsis ◽  
Future Research ◽  
Negative Effects ◽  
Green Supplier Selection ◽  
Managerial Implications ◽  
Interval Type

Supplier selection is one of the most important multi-criteria decision-making (MCDM) problems for decision-makers in the competitive market. Today’s organizations are seeking new ways to reduce the negative effects they have on the environment and to achieve a greener system. Currently, the concept of green supplier selection has gained great importance for its ability to incorporate environmental or green criteria into classical supplier selection practices. Therefore, in this study, a multi-phase MCDM model based on the best-worst method (BWM) and the interval type-2 fuzzy technique for order preference by similarity to ideal solution (IT2F TOPSIS) is proposed. A case study in a plastic injection molding facility in Turkey was carried out to show the applicability of the proposed integrated methodology. The paper offers insights into decision-making, methodology, and managerial implications. Results of the case study are examined and suggestions for future research are provided.

Soft clustering and interval type-2 fuzzy set based inference strategy for I.T. personnel selection

2021 ◽  
pp. 1-9
Author(s):  
Rohit Mishra ◽  
Shrikant Malviya ◽  
Rudra Chandra Ghosh ◽  
Uma Shanker Tiwary
Keyword(s):  
Decision Making ◽  
Personnel Selection ◽  
Fuzzy Decision Making ◽  
Decision Making Under Uncertainty ◽  
Final Decision ◽  
Human Beings ◽  
Fuzzy C Means Clustering ◽  
Inference Strategy ◽  
Interval Type

Impreciseness and uncertainty are the fabrics that make life interesting. For decades, human beings have developed strategies to cope with uncertainties and automate them. In personnel selection for the I.T. field, selectors often find it very difficult to select candidates by going through a set of resumes containing similar kinds of skills. Hence the selection task becomes a fuzzy decision making with the uncertainty involved. A combination of fuzzy clustering and Interval Type-2 fuzzy sets (IT2FS) is proposed in such scenarios. An experiment is conducted over a resume dataset containing fifteen hundred resumes for a particular job description. Firstly, Fuzzy C-means clustering (FCM) is applied for selective clustering, while decision-making under uncertainty is carried through IT2FS. The candidates in the selected cluster are given a score for ranking as per the skillset criteria. The final decision for shortlisting the resumes is carried through IT2FS. The model shows an average accuracy of 88.2% with an F1-score of 0.76 compared to (K-means + IT2FS) model with an F1-score of 0.72. Thus, the proposed model performs better while decision-making under uncertainty.

Evaluation of Renewable Energy Alternatives using Hesitant Fuzzy TOPSIS and Interval Type-2 Fuzzy AHP

2015 ◽  
pp. 191-224 ◽  
Author(s):  
Başar Öztayşi ◽  
Cengiz Kahraman
Keyword(s):  
Decision Making ◽  
Renewable Energy ◽  
Fuzzy Sets ◽  
Fuzzy Ahp ◽  
Fuzzy Topsis ◽  
Decision Makers ◽  
Priority Weights ◽  
Interval Type

The selection among renewable energy alternatives is a fuzzy multicriteria problem with many conflicting criteria under uncertainty. In many decision-making problems, the Decision Makers (DM) define their preference in linguistic form since it is relatively difficult to provide exact numerical values during the evaluation of alternatives. Therefore, in many studies, fuzzy logic is successfully used to model this kind of uncertainty. In this chapter, the authors try to capture this uncertainty by using interval type-2 fuzzy sets and hesitant fuzzy sets. They propose a fuzzy multicriteria method for the evaluation of renewable energy alternatives, in which the priority weights of the criteria are determined by interval type-2 fuzzy AHP, and the alternatives are ranked using hesitant fuzzy TOPSIS. A case study is also given.

scholarly journals Fintech investments in European banks: a hybrid IT2 fuzzy multidimensional decision-making approach

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Gang Kou ◽  
Özlem Olgu Akdeniz ◽  
Hasan Dinçer ◽  
Serhat Yüksel
Keyword(s):  
Decision Making ◽  
Positive Impact ◽  
Fuzzy Topsis ◽  
Fuzzy Decision Making ◽  
Fuzzy Decision ◽  
European Banking ◽  
European Banks ◽  
Reducing Costs ◽  
Interval Type

AbstractFinancial technology (Fintech) makes a significant contribution to the financial system by reducing costs, providing higher quality services and increasing customer satisfaction. Hence, new studies play an essential role to improve Fintech investments. This study evaluates Fintech-based investments of European banking services with an application of an original methodology that considers interval type-2 (IT2) fuzzy decision-making trial and evaluation laboratory and IT2 fuzzy TOPSIS models. Empirical findings are controlled for consistency by applying the VIKOR method. Moreover, we conduct a sensitivity analysis by considering six distinct cases. This study contributes to the existing literature by identifying the most important Fintech-based investment alternatives to improve the financial performance of European banks. Our empirical findings illustrate that results are coherent, reliable, and identify “competitive advantage” as the most important factor among Fintech-based determinants. Moreover, “payment and money transferring systems” are the most important Fintech-based investment alternatives. It is recommended that, among Fintech-based investments, European banks should mainly focus on payment and money transferring alternatives to attract the attention of customers and satisfy their expectations. This is also believed to have a positive impact on the ease of bank’ receivable collection. Another important point is that Fintech-based investments in money transferring systems could help to decrease costs.

Evaluation of Renewable Energy Alternatives Using Hesitant Fuzzy TOPSIS and Interval Type-2 Fuzzy AHP

2017 ◽  
pp. 1378-1412 ◽  
Author(s):  
Başar Öztayşi ◽  
Cengiz Kahraman
Keyword(s):  
Decision Making ◽  
Renewable Energy ◽  
Fuzzy Sets ◽  
Fuzzy Ahp ◽  
Fuzzy Topsis ◽  
Decision Makers ◽  
Priority Weights ◽  
Interval Type

The selection among renewable energy alternatives is a fuzzy multicriteria problem with many conflicting criteria under uncertainty. In many decision-making problems, the Decision Makers (DM) define their preference in linguistic form since it is relatively difficult to provide exact numerical values during the evaluation of alternatives. Therefore, in many studies, fuzzy logic is successfully used to model this kind of uncertainty. In this chapter, the authors try to capture this uncertainty by using interval type-2 fuzzy sets and hesitant fuzzy sets. They propose a fuzzy multicriteria method for the evaluation of renewable energy alternatives, in which the priority weights of the criteria are determined by interval type-2 fuzzy AHP, and the alternatives are ranked using hesitant fuzzy TOPSIS. A case study is also given.

scholarly journals An Integrated Best-Worst and Interval Type-2 Fuzzy TOPSIS Methodology for Green Supplier Selection

2018 ◽  
Author(s):  
Melih Yucesan ◽  
Suleyman Mete ◽  
Faruk Serin ◽  
Erkan Celik ◽  
Muhammet Gul
Keyword(s):  
Decision Making ◽  
Supplier Selection ◽  
Fuzzy Topsis ◽  
Future Research ◽  
Negative Effects ◽  
Green Supplier Selection ◽  
Managerial Implications ◽  
Interval Type

Supplier selection is one of the most important multi criteria decision making (MCDM) problems for decision makers in competitive market. Organizations of today’s world are seeking new ways to reduce negative effects of their organizations to the environment and to reach a greener system. At this point, green supplier selection concept has gained great importance with its ability on incorporating environmental or green criteria into the classical supplier selection practices. Therefore, in this study, it is aimed at proposing a multi-phase MCDM model based on Best-Worst Method (BWM) and interval type-2 fuzzy technique for order preference by similarity to ideal solution (TOPSIS). A case study in a plastic injection molding facility in Turkey is performed to show the applicability of the proposed integrated methodology. The paper ensures insights into the decision making, methodology, and managerial implications. Results of the case study are examined and suggestions for future research are provided.

scholarly journals Frank Aggregation Operators for Triangular Interval Type-2 Fuzzy Set and Its Application in Multiple Attribute Group Decision Making

2014 ◽  
Vol 2014 ◽  
pp. 1-24 ◽  
Author(s):  
Jindong Qin ◽  
Xinwang Liu
Keyword(s):  
Decision Making ◽  
Group Decision Making ◽  
Fuzzy Set ◽  
Group Decision ◽  
Aggregation Operators ◽  
Weighted Averaging ◽  
Multiple Attribute ◽  
The Individual ◽  
Interval Type

This paper investigates an approach to multiple attribute group decision-making (MAGDM) problems, in which the individual assessments are in the form of triangle interval type-2 fuzzy numbers (TIT2FNs). Firstly, some Frank operation laws of triangle interval type-2 fuzzy set (TIT2FS) are defined. Secondly, some Frank aggregation operators such as the triangle interval type-2 fuzzy Frank weighted averaging (TIT2FFWA) operator and the triangle interval type-2 fuzzy Frank weighted geometric (TIT2FFWG) operator are developed for aggregation TIT2FNs. Furthermore, some desirable properties of the two aggregation operators are analyzed in detail. Finally, an approach based on TIT2FFWA (or TIT2FFWG) operator to solve MAGDM is developed. An illustrative example about supplier selection is provided to illustrate the developed procedures. The results demonstrate the practicality and effectiveness of our new method.

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