• DocumentCode
    2617592
  • Title

    An algorithm for fuzzy multi-criteria decision making

  • Author

    Yeh, Chung-Hsing ; Deng, Hepu

  • Author_Institution
    Dept. of Bus. Syst., Monash Univ., Clayton, Vic., Australia
  • Volume
    2
  • fYear
    1997
  • fDate
    28-31 Oct 1997
  • Firstpage
    1564
  • Abstract
    The paper presents a new algorithm for solving the general fuzzy multi-criteria decision making (MCDM) problem involving fully data expressed by means of linguistic terms. A fuzzy performance matrix representing the overall assessment of alternatives with respect to each criterion is obtained by using interval arithmetic. To avoid the complex and unreliable ranking process of fuzzy numbers, the α-cut concept is used to transform the fuzzy performance matrix into an interval performance matrix. Incorporated with the decision maker´s attitude towards risk, an overall preference index is obtained by applying the concept of the degree of similarity to the ideal solution using a vector matching function. The algorithm developed is simple and comprehensible with easy computation which facilitates its use in a decision support system for the general fuzzy MCDM problem. An example is presented to demonstrate its applicability
  • Keywords
    algorithm theory; computational linguistics; decision theory; fuzzy logic; matrix algebra; operations research; α-cut concept; fuzzy multi-criteria decision making algorithm; fuzzy performance matrix; interval arithmetic; interval performance matrix; linguistic terms; overall preference index; risk attitude; similarity; vector matching function; Arithmetic; Decision making; Decision support systems; Delta modulation; Fuzzy set theory; Fuzzy systems; Utility theory;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Intelligent Processing Systems, 1997. ICIPS '97. 1997 IEEE International Conference on
  • Conference_Location
    Beijing
  • Print_ISBN
    0-7803-4253-4
  • Type

    conf

  • DOI
    10.1109/ICIPS.1997.669295
  • Filename
    669295