A refined approach for forecasting based on neutrosophic time series

This research introduces a neutrosophic forecasting approach based on neutrosophic time series (NTS). Historical data can be transformed into neutrosophic time series data to determine their truth, indeterminacy and falsity functions. The basis for the neutrosophication process is the score and accuracy functions of historical data. In addition, neutrosophic logical relationship groups (NLRGs) are determined and a deneutrosophication method for NTS is presented. The objective of this research is to suggest an idea of first-and high-order NTS. By comparing our approach with other approaches, we conclude that the suggested approach of forecasting gets better results compared to the other existing approaches of fuzzy, intuitionistic fuzzy, and neutrosophic time series

AN EXTENDED SINGLE-VALUED NEUTROSOPHIC AHP AND MULTIMOORA METHOD TO EVALUATE THE OPTIMAL TRAINING AIRCRAFT FOR FLIGHT TRAINING ORGANIZATIONS

Aircraft’s training is crucial for a flight training organization (FTO). Therefore, an important decision that these organizations should wisely consider the choice of aircraft to be bought among many alternatives. The criteria for evaluating the optimal training aircraft for FTOs are collected based on the survey approach. Single valued neutrosophic sets (SVNS) have the degree of truth, indeterminacy, and falsity membership functions and, as a special case, neutrosophic sets (NS) deal with inconsistent environments. In this regard, this study has extended a single-valued neutrosophic analytic hierarchy process (AHP) based on multi-objective optimization on the basis of ratio analysis plus a full multiplicative form (MULTIMOORA) to rank the training aircraft as the alternatives. Moreover, a sensitivity analysis is performed to demonstrate the stability of the developed method. Finally, a comparison between the results of the developed approach and the existing approaches for validating the developed approach is discussed. This analysis shows that the proposed approach is efficient and with the other methods

Type-2 neutrosophic number based multi-attributive border approximation area comparison (MABAC) approach for offshore wind farm site selection in USA.

The technical, logistical, and ecological challenges associated with offshore wind development necessitate an extensive site selection analysis. Technical parameters such as wind resource, logistical concerns such as distance to shore, and ecological considerations such as fisheries all must be evaluated and weighted, in many cases with incomplete or uncertain data. Making such a critical decision with severe potential economic and ecologic consequences requires a strong decision-making approach to ultimately guide the site selection process. This paper proposes a type-2 neutrosophic number (T2NN) fuzzy based multi-criteria decision-making (MCDM) model for offshore wind farm (OWF) site selection. This approach combines the advantages of neutrosophic numbers sets, which can utilize uncertain and incomplete information, with a multi-attributive border approximation area comparison that provides formulation flexibility and easy calculation. Further, this study develops and integrates a techno-economic model for OWFs in the decision-making. A case study is performed to evaluate and rank five proposed OWF sites off the coast of New Jersey. To validate the proposed model, a comparison against three alternative T2NN fuzzy based models is performed. It is demonstrated that the implemented model yields the same ranking order as the alternative approaches. Sensitivity analysis reveals that changing criteria weightings does not affect the ranking order

A novel financial risk assessment model for companies based on heterogeneous information and aggregated historical data

The financial risk not only affects the development of the company itself, but also affects the economic development of the whole society; therefore, the financial risk assessment of company is an important part. At present, numerous methods of financial risk assessment have been researched by scholars. However, most of the extant methods neither integrated fuzzy sets with quantitative analysis, nor took into account the historical data of the past few years