32,731 research outputs found
A New Fuzzy MCDM Framework to Evaluate E-Government Security Strategy
Ensuring security of e-government applications and infrastructures is crucial
to maintain trust among stakeholders to store, process and exchange information
over the e-government systems. Due to dynamic and continuous threats on
e-government information security, policy makers need to perform evaluation on
existing information security strategy as to deliver trusted e-government
services. This paper presents an information security evaluation framework
based on new fuzzy multi criteria decision making (MCDM) to help policy makers
conduct comprehensive assessment of e-government security strategy.Comment: IEEE 4th International Conference on Application of Information and
Communication Technologies AICT201
Evaluation of e-learning web sites using fuzzy axiomatic design based approach
High quality web site has been generally recognized as a critical enabler to conduct online business. Numerous studies exist in the literature to measure the business performance in relation to web site quality. In this paper, an axiomatic design based approach for fuzzy group decision making is adopted to evaluate the quality of e-learning web sites. Another multi-criteria decision making technique, namely fuzzy TOPSIS, is applied in order to validate the outcome. The methodology proposed in this paper has the advantage of incorporating requirements and enabling reductions in the problem size, as compared to fuzzy TOPSIS. A case study focusing on Turkish e-learning websites is presented, and based on the empirical findings, managerial implications and recommendations for future research are offered
Sustainability ranking of desalination plants using Mamdani Fuzzy Logic Inference Systems
As water desalination continues to expand globally, desalination plants are continually under pressure to meet the requirements of sustainable development. However, the majority of desalination sustainability research has focused on new desalination projects, with limited research on sustainability performance of existing desalination plants. This is particularly important while considering countries with limited resources for freshwater such as the United Arab Emirates (UAE) as it is heavily reliant on existing desalination infrastructure. In this regard, the current research deals with the sustainability analysis of desalination processes using a generic sustainability ranking framework based on Mamdani Fuzzy Logic Inference Systems. The fuzzy-based models were validated using data from two typical desalination plants in the UAE. The promising results obtained from the fuzzy ranking framework suggest this more in-depth sustainability analysis should be beneficial due to its flexibility and adaptability in meeting the requirements of desalination sustainability
Enhanced genetic algorithm-based fuzzy multiobjective strategy to multiproduct batch plant design
This paper addresses the problem of the optimal design of batch plants with imprecise demands in product amounts. The design of such plants necessary involves how equipment may be utilized, which means that plant scheduling and production must constitute a basic part of the design problem. Rather than resorting to a traditional probabilistic approach for modeling the imprecision on product demands, this work proposes an alternative treatment by using fuzzy concepts. The design problem is tackled by introducing a new approach based on a multiobjective genetic algorithm, combined wit the fuzzy set theory for computing the objectives as fuzzy quantities. The problem takes into account simultaneous maximization of the fuzzy net present value and of two other performance criteria, i.e. the production delay/advance and a flexibility index. The delay/advance objective is computed by comparing the fuzzy production time for the products to a given fuzzy time horizon, and the flexibility index represents the additional fuzzy production that the plant would be able to produce. The multiobjective optimization provides the Pareto's front which is a set of scenarios that are helpful for guiding the decision's maker in its final choices. About the solution procedure, a genetic algorithm was implemented since it is particularly well-suited to take into account the arithmetic of fuzzy numbers. Furthermore because a genetic algorithm is working on populations of potential solutions, this type of procedure is well adapted for multiobjective optimization
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The impact of contractor selection method on transaction costs: a review
The basic premise of transaction-cost theory is that the decision to outsource, rather than to undertake work in-house, is determined by the relative costs incurred in each of these forms of economic organization. In construction the "make or buy" decision invariably leads to a contract. Reducing the costs of entering into a contractual relationship (transaction costs) raises the value of production and is therefore desirable. Commonly applied methods of contractor selection may not minimise the costs of contracting. Research evidence suggests that although competitive tendering typically results in the lowest bidder winning the contract this may not represent the lowest project cost after completion. Multi-parameter and quantitative models for contractor selection have been developed to identify the best (or least risky) among bidders. A major area in which research is still needed is in investigating the impact of different methods of contractor selection on the costs of entering into a contract and the decision to outsource
Is it time to withdraw from china?
This research cross-employs the Social Cognitive Theory (SCT) and three major labor theories comprised of Maslow’s theory, Alderfer’s theory and Herzberg’s theory with Multiple Criteria Decision Making (MCDM) consisting of Factor Analysis (FA), Analytical Network Process (“ANP”), Fuzzy Analytical Network Process (FANP) and Grey Relation Analysis (GRA) to evaluate the four types of innovative investment strategies in China after the Domino Effect of the China’s Labor Revolution. The most contributed conclusion is that the “change of original business at the raising compensation policy” (CBRCP) is the best choice for Taiwanese manufacturers operating in China because it is the highest scores of three assessed measurements in the CBRCP. This conclusion further indicates that manufacturing enterprises have little leverage, in the interim, but to increase employment compensation and benefits to satisfy the demands from the ongoing Chinese labor revolution even though it brings about an incremental expenditure in their manufacturing costs. Therefore, the next step beyond this research is to collect additional empirical macroeconomic data to develop a more comprehensive evaluation model that takes into consideration a more in-depth vertical measurement and horizontal assessment methodologies for developing added comprehensive and effective managerial strategies for surviving in this momentous, dynamically-changing and lower-profit Chinese manufacturing market.China labor revolution; Maslow theory; Alderfer theory and Herzberg theory; Multiple criteria decision making
The safety case and the lessons learned for the reliability and maintainability case
This paper examine the safety case and the lessons learned for the reliability and maintainability case
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Investment Risk Appraisal
Standard financial techniques neglect extreme situations and regards large market shifts as too unlikely to matter. This
approach may account for what occurs most of the time in the market, but the picture it presents does not reflect the reality, as the
major events happen in the rest of the time and investors are ‘surprised’ by ‘unexpected’ market movements. An alternative fuzzy
approach permits fluctuations well beyond the probability type of uncertainty and allows one to make fewer assumptions about the
data distribution and market behaviour. Fuzzifying the present value criteria, we suggest a measure of the risk associated with each
investment opportunity and estimate the project’s robustness towards market uncertainty. The procedure is applied to thirty-five UK
companies and a neural network solution to the fuzzy criterion is provided to facilitate the decision-making process. Finally, we
discuss the grounds for classical asset pricing model revision and argue that the demand for relaxed assumptions appeals for another
approach to modelling the market environment
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