• DocumentCode
    3591235
  • Title

    Application of Grey Relational Comprehensive Evaluation Method in Project Investment Decision

  • Author

    Xinli, Wang

  • Author_Institution
    Sch. of Econ. & Manage., North China Electr. Power Univ., Baoding, China
  • Volume
    1
  • fYear
    2010
  • Firstpage
    128
  • Lastpage
    131
  • Abstract
    Whether enterprise project investment can success or not, the key is how to evaluate various programs. This paper based on grey relational analysis theory, according to relational degree formula calculates the grey relational degree of initial decision matrix with the optimal sequence and the worst separately. On this basis, building the project investment grey comprehensive decision model. Finally, according to grey relational comprehensive evaluation value, come to the final evaluation decision that the grey relational analysis method can compare with various investment programs better.
  • Keywords
    decision making; decision theory; grey systems; investment; matrix algebra; enterprise project investment; grey relational analysis theory; grey relational comprehensive evaluation method; initial decision matrix; optimal sequence; project investment decision; Appraisal; Decision making; Investments; Mathematical model; Optimal control; Power engineering computing; Project management; Risk analysis; Risk management; Venture capital; correlation coefficient; decision model; grey relational comprehensive evaluation method;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computing, Control and Industrial Engineering (CCIE), 2010 International Conference on
  • Print_ISBN
    978-0-7695-4026-9
  • Type

    conf

  • DOI
    10.1109/CCIE.2010.40
  • Filename
    5492049