2021
DOI: 10.1016/j.mex.2021.101344
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Implementation of the new easy approach to fuzzy multi-criteria decision aid in the field of management

Abstract: Decision-making is one of the most important management functions and a critical task for managers. The tools that support decision makers in making decisions are Multi-criteria Decision Making/Aid/Analysis (MCDM/MCDA) methods. Since most decisions are made under conditions of uncertainty, the fuzzy MCDM/MCDA methods are particularly important as they allow capturing the uncertainty and imprecision of the information used in making decisions. This method is the Fuzzy Preference Ranking Organization Method for … Show more

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Cited by 10 publications
(2 citation statements)
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“…The alternatives performance model and the preference model provided input to the three fuzzy MCDA methods included in the reference methods collection. These methods were: fuzzy SAW [31], fuzzy TOPSIS [30] and NEAT F-PROMETHEE II [56]. The decision problem was solved using each of the reference methods, resulting in three rankings of alternatives.…”
Section: Research Proceduresmentioning
confidence: 99%
“…The alternatives performance model and the preference model provided input to the three fuzzy MCDA methods included in the reference methods collection. These methods were: fuzzy SAW [31], fuzzy TOPSIS [30] and NEAT F-PROMETHEE II [56]. The decision problem was solved using each of the reference methods, resulting in three rankings of alternatives.…”
Section: Research Proceduresmentioning
confidence: 99%
“…Distance measure is a crucial concept within the field of FS theory and has been widely used in different fields. It plays an important role in these fields, as it allows for the quantification of the similarity or dissimilarity between fuzzy sets, which in turn is useful for making decisions, identifying patterns, training machine learning models, and forecasting market trends, among other applications [16] , [17] , [18] , [19] and [20] . It has intrigued several researchers and they have delved deeper into it through further investigations.…”
Section: Introductionmentioning
confidence: 99%