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
Link To Document