An Extended Single-Valued Neutrosophic Projection-Based Qualitative Flexible Multi-Criteria Decision-Making Method

With respect to multi-criteria decision-making (MCDM) problems in which the criteria denote the form of single-valued neutrosophic sets (SVNSs), and the weight information is also fully unknown, a novel MCDM method based on qualitative flexible multiple criteria (QUALIFLEX) is developed. Firstly, the improved cosine measure of the included angle between two SVNSs is defined

Performance assessment of circular economy for phosphorus chemical firms based on VIKOR-QUALIFLEX method

Confronting the dilemma of resource shortage and environmental pollution, the idea of circular economy (CE) has attracted widespread attentions. To address these problems, several industrial companies have incorporated the CE in their operation or design. In this sense, the phosphorus chemical firms (PCFs) are promoting CE to achieve sustainable development goals since phosphorus is a non-renewable resource and one of the nutrient elements essential for crop growth. Thus, this paper aims to find a suitable way to assess the performance of CE for PCFs. Firstly, the evaluation index system of CE is designed according to the characteristics of CE for PCFs

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 Multi-criteria Picture Fuzzy Decision-making Model for Green Supplier Selection based on Fractional Programming

Due to the increasing complexity in green supplier selection, there would be some important issues for expressing inherent uncertainty or imprecision of decision makers’ cognitive information in decision making process. As an extension of intuitionistic fuzzy sets (IFSs) and neutrosophic sets (NSs), picture fuzzy sets (PFSs) can better model and represent the hesitancy and uncertainty of decision makers’ preference information. In this study, an attempt has been made to present a multi-criteria picture fuzzy decision-making model for green supplier selection based on fractional programming. In this approach, the ratings of alternatives and weights of criteria are represented by PFSs and IFSs, respectively. Based on the available information, some pairs of fractional programming models are derived from the Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS) and the proposed biparametric picture fuzzy distance measure to determine the relative closeness coefficient intervals of green suppliers, which are aggregated for the criteria to generate the ranking order of all green suppliers by computing their optimal degrees of membership based on the ranking method of interval numbers. Finally, an example is conducted to validate the effectiveness of the proposed multi-criteria decision making (MCMD) method

IT2-based fuzzy hybrid decision making approach to soft computing

WOS: 000459347800001This aims to evaluate the risk appetite of the financial investors in emerging economies using an integrated interval type-2 fuzzy model. For this purpose, eight different criteria are identified with the supporting literature. The interval type-2 fuzzy DEMAYEL approach is used to weight these criteria regarding the importance level. In addition, investors are classified into three different groups with respect to the risk appetite which are the aggressive/risk taker, moderate/risk neutral, and conservative/risk averse. Moreover, the interval type-2 fuzzy QUALIFLEX methodology is taken into consideration to rank these investor groups. The novelty of this paper is to propose a hybrid fuzzy decision-making approach to the investors' risk appetite based on the interval type-2 fuzzy sets. The findings show that aggressive investors play the most important role in emerging economies. Therefore, financial products, which offer high returns, should be developed to attract the attention of these aggressive investors. Owing to this aspect, it can be possible for emerging economies to improve their financial systems

Picture fuzzy cross-entropy for multiple attribute decision making problems

In this paper, we investigate the multiple attribute decision making problems with picture fuzzy information. The advantage of picture fuzzy set is easily reflecting the ambiguous nature of subjective judgments because the picture fuzzy sets are suitable for capturing imprecise, uncertain, and inconsistent information in the multiple attribute decision making analysis. Thus, the cross entropy of picture fuzzy sets, called picture fuzzy cross entropy, is proposed as an extension of the cross entropy of fuzzy sets. Then, a multiple attribute decision making method based on the proposed picture fuzzy cross entropy is established in which attribute values for alternatives are picture fuzzy numbers. In decision making process, we utilize the picture fuzzy weighted cross entropy between the ideal alternative and an alternative to rank the alternatives corresponding to the cross entropy values and to select the most desirable one(s). Finally, a practical example for enterprise resource planning system selection is given to verify the developed approach and to demonstrate its practicality and effectiveness

Simplified Neutrosophic Sets Based on Interval Dependent Degree for Multi-Criteria Group Decision-Making Problems

In this paper, a new approach and framework based on the interval dependent degree for multi-criteria group decision-making (MCGDM) problems with simplified neutrosophic sets (SNSs) is proposed. Firstly, the simplified dependent function and distribution function are defined. Then, they are integrated into the interval dependent function which contains interval computing and distribution information of the intervals

Integrated Frameworks for Effective Multi-criteria Decision Making in Reliability Centred Maintenance of Industrial Machines

No abstract availabl

Evaluating Emergency Response Solutions for Sustainable Community Development by Using Fuzzy Multi-Criteria Group Decision Making Approaches: IVDHF-TOPSIS and IVDHF-VIKOR

Emergency management is vital in implementing sustainable community development, for which community planning must include emergency response solutions to potential natural and manmade hazards. To help maintain such solution repository, we investigate effective fuzzy multi-criteria group decision making (FMCGDM) approaches for the complex problems of evaluating alternative emergency response solutions, where weights for decision makers and criteria are unknown due to problem complexity. We employ interval-valued dual hesitant fuzzy (IVDHF) set to address decision hesitancy more effectively. Based on IVDHF assessments, we develop a deviation maximizing model to compute criteria weights and another compatibility maximizing model to calculate weights for decision makers. Then, two ideal-solution-based FMCGDM approaches are proposed: (i) by introducing a synthesized IVDHF group decision matrix into TOPSIS, we develop an IVDHF-TOPSIS approach for fuzzy group settings; (ii) when emphasizing both maximum group utility and minimum individual regret, we extend VIKOR to develop an IVDHF-VIKOR approach, where the derived decision makers’ weights are utilized to obtain group decision matrix and the determined criteria weights are integrated to reflect the relative importance of distances from the compromised ideal solution. Compared with aggregation-operators-based approach, IVDHF-TOPSIS and IVDHF-VIKOR can alleviate information loss and computational complexity. Numerical examples have validated the effectiveness of the proposed approaches

Bibliometric analysis of scientific production on methods to aid decision making in the last 40 years

Purpose: Multicriteria methods have gained traction in both academia and industry practices for effective decision-making over the years. This bibliometric study aims to explore and provide an overview of research carried out on multicriteria methods, in its various aspects, over the past forty-four years. Design/Methodology/Approach: The Web of Science (WoS) and Scopus databases were searched for publications from January 1945 to April 29, 2021, on multicriteria methods in titles, abstracts, and keywords. The bibliographic data were analyzed using the R bibliometrix package. Findings: This bibliometric study asserts that 29,050 authors have produced 20,861 documents on the theme of multicriteria methods in 131 countries in the last forty-four years. Scientific production in this area grows at a rate of 13.88 per year. China is the leading country in publications with 14.14%; India with 10.76%; and Iran with 8.09%. Islamic Azad University leads others with 504 publications, followed by the Vilnius Gediminas Technical University with 456 and the National Institute of Technology with 336. As for journals, Expert Systems With Applications; Sustainability; and Journal of Cleaner Production are the leading journals, which account for more than 4.67% of all indexed literature. Furthermore, Zavadskas E. and Wang J have the highest publications in the multicriteria methods domain regarding the authors. Regarding the most commonly used multicriteria decision-making methods, AHP is the most favored approach among the ten countries with the most publications in this research area, followed by TOPSIS, VIKOR, PROMETHEE, and ANP. Practical implications: The bibliometric literature review method allows the researchers to explore the multicriteria research area more extensively than the traditional literature review method. It enables a large dataset of bibliographic records to be systematically analyzed through statistical measures, yielding informative insights. Originality/value: The usefulness of this bibliometric study is summed in presenting an overview of the topic of the multicriteria methods during the previous forty-four years, allowing other academics to use this research as a starting point for their research