scholarly journals The Evaluation of Mineral Resources Development Efficiency Based on Hesitant Fuzzy Linguistic Approach and Modified TODIM

2018 ◽  
Vol 2018 ◽  
pp. 1-9 ◽  
Author(s):  
Pu Li ◽  
Xudong Chen ◽  
Xinyi Qu ◽  
Qi Xu
Keyword(s):  
Decision Making ◽  
Multicriteria Decision Making ◽  
Mineral Resources ◽  
Evaluation Process ◽  
Multicriteria Decision ◽  
Actual Evaluation ◽  
Panxi Area ◽  
Linguistic Approach ◽  
Fuzzy Linguistic ◽  
Resources Development

The evaluation of mineral resources development efficiency is a typical multicriteria decision-making issue. Meanwhile, due to the limited existing technology, there might be subjectivity, ambiguity, and inaccuracy of the measurement of the evaluation index of mineral resources development efficiency. In this paper, we, considering the incomplete information, use the hesitant fuzzy linguistic approach to describe the psychological hesitation and ambiguity of the decision-maker in the actual evaluation process and then construct the general model of the development efficiency evaluation of the mineral resources by using the hesitant fuzzy linguistic terms sets and modified TODIM. Finally, this paper takes the Panxi area as an example to study the development efficiency of vanadium-titanium magnetite. The results show that the hesitant fuzzy linguistic multicriteria decision-making (MCDM) approach can be implemented to mineral resources evaluation and resources management.

scholarly journals Hesitant Fuzzy Linguistic Multicriteria Decision-Making Method Based on Generalized Prioritized Aggregation Operator

2014 ◽  
Vol 2014 ◽  
pp. 1-16 ◽  
Author(s):  
Jia-ting Wu ◽  
Jian-qiang Wang ◽  
Jing Wang ◽  
Hong-yu Zhang ◽  
Xiao-hong Chen
Keyword(s):  
Decision Making ◽  
Multicriteria Decision Making ◽  
Comparison Method ◽  
Aggregation Operator ◽  
New Approach ◽  
Multicriteria Decision ◽  
Scale Functions ◽  
Prioritized Aggregation Operator ◽  
Prioritized Aggregation Operators ◽  
Fuzzy Linguistic

Based on linguistic term sets and hesitant fuzzy sets, the concept of hesitant fuzzy linguistic sets was introduced. The focus of this paper is the multicriteria decision-making (MCDM) problems in which the criteria are in different priority levels and the criteria values take the form of hesitant fuzzy linguistic numbers (HFLNs). A new approach to solving these problems is proposed, which is based on the generalized prioritized aggregation operator of HFLNs. Firstly, the new operations and comparison method for HFLNs are provided and some linguistic scale functions are applied. Subsequently, two prioritized aggregation operators and a generalized prioritized aggregation operator of HFLNs are developed and applied to MCDM problems. Finally, an illustrative example is given to illustrate the effectiveness and feasibility of the proposed method, which are then compared to the existing approach.

scholarly journals EVALUATING THE PERFORMANCE OF COLOMBIAN BANKS BY HYBRID MULTICRITERIA DECISION MAKING METHODS

2020 ◽  
Vol 21 (6) ◽  
pp. 1707-1730
Author(s):  
Amir Karbassi Yazdi ◽  
Thomas Hanne ◽  
Juan Carlos Osorio Gómez
Keyword(s):  
Decision Making ◽  
Balanced Scorecard ◽  
Service Sector ◽  
Banking Sector ◽  
Multicriteria Decision Making ◽  
Evaluation Process ◽  
Decision Matrix ◽  
Multicriteria Decision ◽  
Strategic Issues ◽  
Matrix Weights

The aim of the study in this paper is to show how the performance of banks can be evaluated by ranking them based on Balanced Scorecard (BSC) and Multicriteria Decision Making (MCDM) methods. Nowadays, assessing the performance of companies is a vital work for finding their weaknesses and strengths. The banking sector is an important area in the service sector. Many people want to know which bank performs best when entrusting their money to them. For assessing the performance of banks, BSC can be used. This method helps to translate strategic issues to meaningful insights for the respective financial institutions. After that, the banks will be ranked based on performance indicators by the Weighted Aggregated Sum Product Assessment (WASPAS) method. Because this method is based on a decision matrix, weights are required. To find such weights, the Step-wise Weight Assessment Ratio Analysis (SWARA) method is applied. The results show that the International Bank of Colombia has a much better performance than other Colombian banks. Besides, further insights regarding the evaluation process based on BSC, SWARA, and WASPAS are obtained.

scholarly journals Pain Treatment Evaluation in COVID-19 Patients with Hesitant Fuzzy Linguistic Multicriteria Decision-Making

2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
G. Didem Batur Sir ◽  
Ender Sir
Keyword(s):  
Decision Making ◽  
Pain Treatment ◽  
Multicriteria Decision Making ◽  
Accurate Method ◽  
Solution Procedure ◽  
Analytic Hierarchy ◽  
Multicriteria Decision ◽  
Appropriate Treatment ◽  
Choice Of Treatment ◽  
Fuzzy Linguistic

The coronavirus disease 2019 (COVID-19) has emerged as a worldwide pandemic since March 2020. Although most patients complain of moderate or severe pain, these symptoms are generally underestimated and appropriate treatment is not applied. This study aims to guide physicians in selecting and ranking various alternatives for the treatment of pain in COVID-19 patients. However, the choice of treatment for pain requires the consideration of many different conflicting criteria. Therefore, we have studied this problem as a multicriteria decision-making problem. Throughout the solution procedure, first, the criteria and subcriteria affecting the preferences are defined. Then, weight values are determined with respect to these criteria, as they have different degrees of importance for the problem. At this stage, hesitant fuzzy linguistic term sets (HFLTSs) are used, and thus, experts can convey their ideas more accurately. In this first phase of the study, an HFLTS integrated Analytic Hierarchy Process (AHP) method is utilized. Subsequently, possible treatment alternatives are evaluated by using the Vise Kriterijumska Optimizacija I Kompromisno Resenje (VIKOR) method. According to the results obtained by considering expert evaluations, the most preferred treatment is the administration of paracetamol, followed by interventional treatments, opioids, and nonsteroidal anti-inflammatory drugs (NSAIDs), respectively. With this study, it is ensured that a more accurate method is followed by eliminating possible mistakes due to the subjective evaluations of experts in the process of determining pain treatment. This method can also be used in different patient and disease groups.

scholarly journals Grey Relational Bidirectional Projection Method for Multicriteria Decision Making with Hesitant Intuitionistic Fuzzy Linguistic Information

2018 ◽  
Vol 2018 ◽  
pp. 1-12 ◽  
Author(s):  
Yuqi Zang ◽  
Xiaodong Zhao ◽  
Shiyong Li ◽  
Adnan Nazir
Keyword(s):  
Decision Making ◽  
Projection Method ◽  
Multicriteria Decision Making ◽  
Comparison Method ◽  
Distance Measures ◽  
Linguistic Information ◽  
Multicriteria Decision ◽  
Intuitionistic Fuzzy ◽  
Grey Relational ◽  
Fuzzy Linguistic

We investigate a novel approach for multicriteria decision making (MCDM) with hesitant intuitionistic fuzzy linguistic information. To compare the hesitant intuitionistic fuzzy linguistic term sets (HIFLTSs), we propose a comparison method of HIFLTSs. A family of distance measures of HIFLTSs is developed. After that, we propose the grey relational bidirectional projection method based on the proposed comparison method and distance measures of IVHFLNs for dealing with MCDM problems. Furthermore, we establish a nonlinear optimization model to obtain the weight vector of criteria. Finally, an illustrative example is given to demonstrate the effectiveness and flexibility of the proposed approach.

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