Gray Relational Evaluation Model with Preferences Based on Characteristics-AHP

Abstract

An evaluation model of Gray Relational Analysis with preferences of decision makers based on Characteristics-AHP is built. This model makes fully use of the advantage of gray theory on the fields of performance evaluation for small sample and poor data.Considering preference degree of decision-makers not only makes evaluation result objective and fairness,but also reflects decision-making fact.On preference weight's determination,characteristics-AHP model is used,which reduces subjective effect.Empirical practice and simulation analysis show the advantage and applicability of this model on relative fields.