• Title of article

    Fuzzy modeling of allocation of financial resources of sustainable projects and Solving with GSSA algorithm

  • Author/Authors

    Amini Khouzani ، Mohsen Department of Financial Engineering - Islamic Azad University, Shahr-e-Qods Branch , Sadeghi ، Alireza Department of Financial Management - Islamic Azad University, Science and Research Branch , Daneshvar ، Amir Department of Industrial Management - Islamic Azad University, Science and Research Branch , Pourghader Chobar ، Adel Department of Industrial Engineering - Faculty of Industrial and Mechanical Engineering - Islamic Azad University, Qazvin Branch

  • From page
    82
  • To page
    92
  • Abstract
    The problem of allocation of financial resources in projects is one of the most important problems of mathematical optimization. Incorrect allocation of financial resources can lead to project failure, increased costs, and reduced profitability. The importance of this issue has led to the modeling of a financial resource allocation problem for sustainable projects under uncertainty in this article. A fuzzy programming method was used to control model parameters and GSSA, GA, and SSA algorithms were used to solve the model. In the mathematical model, the goal was to optimize the objective function consisting of predicted return, investment risk, and project sustainability. Mathematical calculation results showed that meta-heuristic algorithms have high efficiency in achieving optimal solutions in a short time. so that the average time to solve them was less than 10 seconds. Also, the calculation results showed that increasing the uncertainty rate leads to increasing the value of the objective function and creating a distance from the optimal point. This is due to increasing costs and decreasing profits in sustainable projects. Finally, usage the TOPSIS method, the ranking of solving algorithms was done, and the GSSA algorithm was the most efficient algorithm among other algorithms with a desirability weight of 0.846.
  • Keywords
    Resource allocation , Meta , Heuristic Algorithms , Fuzzy programming , sustainable projects
  • Journal title
    Journal of Industrial Engineering International
  • Journal title
    Journal of Industrial Engineering International
  • Record number

    2772449