Title :
A fuzzy MCDM method to select the best company based on financial report analysis
Author :
Kung, Jung-Yuan ; Chuang, Tzung-Nan ; Ky, Chau Minh
Author_Institution :
Dept. of Inf. Manage., Chinese Naval Acad., Kaohsiung, Taiwan
Abstract :
In this paper, based on financial report analysis, a multi-criteria decision-making approach for supporting decision is presented. There are five companies are evaluated by proposed method. Fuzzy AHP (Analytic Hierarchy Process) is utilized to evaluate weights of criteria for selecting company and fuzzy TOPSIS (technique for order preference by similarity to ideal solution) is used to determine the most suitable alternative with respect to various considered criteria. A numerical example is also included to demonstrate the proposed approach.
Keywords :
decision making; financial management; fuzzy set theory; analytic hierarchy process; best company selection; decision support; financial report analysis; fuzzy AHP; fuzzy MCDM method; fuzzy TOPSIS; multicriteria decision making approach; technique for order preference by similarity to ideal solution; Companies; Decision making; Expert systems; Fuzzy set theory; Fuzzy sets; Investments; Pragmatics; FAHP; FTOPSIS; Financial report;
Conference_Titel :
Fuzzy Systems (FUZZ), 2011 IEEE International Conference on
Conference_Location :
Taipei
Print_ISBN :
978-1-4244-7315-1
Electronic_ISBN :
1098-7584
DOI :
10.1109/FUZZY.2011.6007679