DocumentCode
3238361
Title
Multi-criteria capital budgeting using FLIP
Author
Kahraman, Cengiz ; Ulukan, Ziya
Author_Institution
Dept. of Ind. Eng., Istanbul Tech. Univ., Turkey
fYear
1999
fDate
1999
Firstpage
426
Lastpage
431
Abstract
By using fuzzy linear programming (FLIP), tolerance intervals are used for calculating the availability of capital at each point in time. The main advantage, compared to the non-fuzzy problem formulation, is the fact that the decision maker is not forced into a precise formulation for mathematical reasons. Linear membership functions which monotonically increase or decrease in the tolerance interval are used because they can be handled quite easily. A numeric example is given
Keywords
budgeting; functions; fuzzy set theory; linear programming; operations research; capital availability; decision making; fuzzy linear programming; linear membership functions; monotonically decreasing functions; monotonically increasing functions; multi-criteria capital budgeting; tolerance intervals; Electrical capacitance tomography; HTML; Industrial engineering; Integer linear programming; Investments; Linear programming; Postal services; Proposals; Uncertainty; Water pollution;
fLanguage
English
Publisher
ieee
Conference_Titel
Computational Intelligence and Multimedia Applications, 1999. ICCIMA '99. Proceedings. Third International Conference on
Conference_Location
New Delhi
Print_ISBN
0-7695-0300-4
Type
conf
DOI
10.1109/ICCIMA.1999.798568
Filename
798568
Link To Document