• DocumentCode
    2726634
  • Title

    Project selection with interval-valued fuzzy numbers

  • Author

    Carlsson, Christer ; Fullér, Robert ; Mezei, József

  • Author_Institution
    IAMSR, Abo Akademi Univ., Åbo, Finland
  • fYear
    2011
  • fDate
    21-22 Nov. 2011
  • Firstpage
    23
  • Lastpage
    26
  • Abstract
    We introduce a possibilistic mean value for interval-valued fuzzy numbers as the arithmetic mean of the possibilistic mean values of its upper and lower fuzzy numbers. Furthermore, we suggest a ranking method for interval-valued fuzzy numbers based on their possibilistic mean value and show an application to capital budgeting decisions when the revenues from projects are represented by interval-valued trapezoidal fuzzy numbers.
  • Keywords
    budgeting; fuzzy set theory; number theory; possibility theory; arithmetic mean; capital budgeting decisions; interval-valued trapezoidal fuzzy numbers; possibilistic mean value; project selection; ranking method; Computational intelligence; Decision making; Electronic mail; Fuzzy sets; Informatics; Linearity; Probabilistic logic;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence and Informatics (CINTI), 2011 IEEE 12th International Symposium on
  • Conference_Location
    Budapest
  • Print_ISBN
    978-1-4577-0044-6
  • Type

    conf

  • DOI
    10.1109/CINTI.2011.6108505
  • Filename
    6108505