A methodology for the selection of new technologies in the aviation industry

The purpose of this report is to present a technology selection methodology to quantify both tangible and intangible benefits of certain technology alternatives within a fuzzy environment. Specifically, it describes an application of the theory of fuzzy sets to hierarchical structural analysis and economic evaluations for utilisation in the industry. The report proposes a complete methodology to accurately select new technologies. A computer based prototype model has been developed to handle the more complex fuzzy calculations. Decision-makers are only required to express their opinions on comparative importance of various factors in linguistic terms rather than exact numerical values. These linguistic variable scales, such as ‘very high’, ‘high’, ‘medium’, ‘low’ and ‘very low’, are then converted into fuzzy numbers, since it becomes more meaningful to quantify a subjective measurement into a range rather than in an exact value. By aggregating the hierarchy, the preferential weight of each alternative technology is found, which is called fuzzy appropriate index. The fuzzy appropriate indices of different technologies are then ranked and preferential ranking orders of technologies are found. From the economic evaluation perspective, a fuzzy cash flow analysis is employed. This deals quantitatively with imprecision or uncertainties, as the cash flows are modelled as triangular fuzzy numbers which represent ‘the most likely possible value’, ‘the most pessimistic value’ and ‘the most optimistic value’. By using this methodology, the ambiguities involved in the assessment data can be effectively represented and processed to assure a more convincing and effective decision- making process when selecting new technologies in which to invest. The prototype model was validated with a case study within the aviation industry that ensured it was properly configured to meet the

Neutrosophic Multi-Criteria Decision Making

The notion of a neutrosophic quadruple BCK/BCI-number is considered in the first article (“Neutrosophic Quadruple BCK/BCI-Algebras”, by Young Bae Jun, Seok-Zun Song, Florentin Smarandache, and Hashem Bordbar), and a neutrosophic quadruple BCK/BCI-algebra, which consists of neutrosophic quadruple BCK/BCI-numbers, is constructed. Several properties are investigated, and a (positive implicative) ideal in a neutrosophic quadruple BCK-algebra and a closed ideal in a neutrosophic quadruple BCI-algebra are studied. Given subsets A and B of a BCK/BCI-algebra, the set NQ(A,B), which consists of neutrosophic quadruple BCK/BCInumbers with a condition, is established. Conditions for the set NQ(A,B) to be a (positive implicative) ideal of a neutrosophic quadruple BCK-algebra are provided, and conditions for the set NQ(A,B) to be a (closed) ideal of a neutrosophic quadruple BCI-algebra are given. Techniques for the order of preference by similarity to ideal solution (TOPSIS) and elimination and choice translating reality (ELECTRE) are widely used methods to solve multicriteria decision-making problems. In the second research article (“Decision-Making with Bipolar Neutrosophic TOPSIS and Bipolar Neutrosophic ELECTRE-I”), Muhammad Akram, Shumaiza, and Florentin Smarandache present the bipolar neutrosophic TOPSIS method and the bipolar neutrosophic ELECTRE-I method to solve such problems. The authors use the revised closeness degree to rank the alternatives in the bipolar neutrosophic TOPSIS method. The researchers describe the bipolar neutrosophic TOPSIS method and the bipolar neutrosophic ELECTRE-I method by flow charts, also solving numerical examples by the proposed methods and providing a comparison of these methods. In the third article (“Interval Neutrosophic Sets with Applications in BCK/BCI-Algebra”, by Young Bae Jun, Seon Jeong Kim and Florentin Smarandache), the notion of (T(i,j),I(k,l),F(m,n))-interval neutrosophic subalgebra in BCK/BCI-algebra is introduced for i,j,k,l,m,n infoNumber 1,2,3,4, and properties and relations are investigated. The notion of interval neutrosophic length of an interval neutrosophic set is also introduced, and the related properties are investigated

Systematic review of decision making algorithms in extended neutrosophic sets

The Neutrosophic set (NS) has grasped concentration by its ability for handling indeterminate, uncertain, incomplete, and inconsistent information encountered in daily life. Recently, there have been various extensions of the NS, such as single valued neutrosophic sets (SVNSs), Interval neutrosophic sets (INSs), bipolar neutrosophic sets (BNSs), Refined Neutrosophic Sets (RNSs), and triangular fuzzy number neutrosophic set (TFNNs). This paper contains an extended overview of the concept of NS as well as several instances and extensions of this model that have been introduced in the last decade, and have had a significant impact in literature. Theoretical and mathematical properties of NS and their counterparts are discussed in this paper as well. Neutrosophic-set-driven decision making algorithms are also overviewed in detail

Multi-hierarchical Framework – Fuzzy Entropy Weight Approach for Auditing Technology in PT X

PT X is an Indonesia leading company in ship repair field. With the growth of shipyard industries in Indonesia, company is expected to compete within tight competition. Problems arise when the reparation processes can’t be finished on schedule. Respect to high vessel repairing demands, it can be a serious problem for company as they have many of ships waiting to be repaired. Management of technology might be the first step to solve the problem. Repair process within company is supported due to good management of technology policies. That’s why technology assessment is necessary in this company. This research is proposed to be used as recommendation to PT X on how to measure and assess the technological capabilities of company. Technology Audit Model (TAM) is used as basic technology assessment model. While multi-hierarchical framework - Fuzzy Entropy Weight Approach (FEWA) are tools used to process the multi-criteria of assessment model. Based on the assessment, it can be known the weight and rank of all criteria, by which are be utilized as input for SWOT analysis. Based on this process, the the improvement strategies could be generated. The proposed strategies are knowledge sharing program, environmental impact evaluation, and project network

New Trends in Neutrosophic Theory and Applications Volume II

Neutrosophic set has been derived from a new branch of philosophy, namely Neutrosophy. Neutrosophic set is capable of dealing with uncertainty, indeterminacy and inconsistent information. Neutrosophic set approaches are suitable to modeling problems with uncertainty, indeterminacy and inconsistent information in which human knowledge is necessary, and human evaluation is needed. Neutrosophic set theory was proposed in 1998 by Florentin Smarandache, who also developed the concept of single valued neutrosophic set, oriented towards real world scientific and engineering applications. Since then, the single valued neutrosophic set theory has been extensively studied in books and monographs introducing neutrosophic sets and its applications, by many authors around the world. Also, an international journal - Neutrosophic Sets and Systems started its journey in 2013. Single valued neutrosophic sets have found their way into several hybrid systems, such as neutrosophic soft set, rough neutrosophic set, neutrosophic bipolar set, neutrosophic expert set, rough bipolar neutrosophic set, neutrosophic hesitant fuzzy set, etc. Successful applications of single valued neutrosophic sets have been developed in multiple criteria and multiple attribute decision making. This second volume collects original research and application papers from different perspectives covering different areas of neutrosophic studies, such as decision making, graph theory, image processing, probability theory, topology, and some theoretical papers. This volume contains four sections: DECISION MAKING, NEUTROSOPHIC GRAPH THEORY, IMAGE PROCESSING, ALGEBRA AND OTHER PAPERS. First paper (Pu Ji, Peng-fei Cheng, Hongyu Zhang, Jianqiang Wang. Interval valued neutrosophic Bonferroni mean operators and the application in the selection of renewable energy) aims to construct selection approaches for renewable energy considering the interrelationships among criteria. To do that, Bonferroni mean (BM) and geometric BM (GBM) are employed