Displaying similar documents to “Fuzzy Multi-Criteria Approach to Ordering Policy Ranking in a Supply Chain”

Solving a possibilistic linear program through compromise programming.

Mariano Jiménez López, María Victoria Rodríguez Uría, María del Mar Arenas Parra, Amelia Bilbao Terol (2000)

Mathware and Soft Computing

Similarity:

In this paper we propose a method to solve a linear programming problem involving fuzzy parameters whose possibility distributions are given by fuzzy numbers. To address the above problem we have used a preference relationship of fuzzy numbers that leads us to a solving method that produces the so-called α-degree feasible solutions. It must be pointed out that the final solution of the problem depends critically on this degree of feasibility, which is in conflict with the optimal value...

Fuzzy versus probabilistic benefit/cost ratio analysis for public work projects

Cengiz Kahraman (2001)

International Journal of Applied Mathematics and Computer Science

Similarity:

The benefit/cost (B/C) ratio method is utilized in many government and public work projects to determine if the expected benefits provide an acceptable return on the estimated investment and costs. Many authors have studied probabilis- tic cash flows in recent years. They introduced some analytical methods which determine the probability distribution function of the net present value and in- ternal rate of return of a series of random discrete cash flows. They considered serially correlated...

A Linguistic Fuzzy Approach to the Consensus Reaching in Multiple Criteria Group Decision-making Problems

Vojtěch Sukač, Jana Talašová, Jan Stoklasa (2016)

Acta Universitatis Palackianae Olomucensis. Facultas Rerum Naturalium. Mathematica

Similarity:

The paper introduces a new method of reaching a consensus in multiple criteria group decision-making under fuzziness. This model is based on the general definition of the ‘soft’ consensus introduced by Kacprzyk and Fedrizzi in 1986. The fuzzy evaluations of alternatives express degrees of fulfillment of the given goals by the respective alternatives for each expert. The selection of the best alternative is based on the fuzzy consensus by experts. For this purpose a set of alternatives...