2014
DOI: 10.1080/18756891.2014.964011
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Strategic Decision Selection Using Hesitant fuzzy TOPSIS and Interval Type-2 Fuzzy AHP: A case study

Abstract: Strategic decisions such as mergers, acquisitions and joint ventures have a strong effect on firm performance. In order to be successful in highly competitive environments firms have to make right and on time strategic decisions. However, the nature of making the right strategic decision is complex and unstructured since there are many factors affecting such decisions. Moreover these factors are usually hard and vague to evaluate numerically. This study tries to develop a multicriteria decision-making model wh… Show more

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Cited by 144 publications
(26 citation statements)
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“…In the model, HFAHP has been utilized to express the criteria weights, and HFTOPSIS has been used to select the best computer workstation. In another study by Cevik et al, selection of the best strategic decision has been performed by using an integrated model in which interval type II fuzzy AHP is applied to define the weights of the criteria and HFTOPSIS is applied for the selection of the best strategy. Xu and Zhang have used TOPSIS and maximizing deviation method in which HFS is applied.…”
Section: Research Methodology: An Integrated Model Composed Of Hfahp mentioning
confidence: 99%
“…In the model, HFAHP has been utilized to express the criteria weights, and HFTOPSIS has been used to select the best computer workstation. In another study by Cevik et al, selection of the best strategic decision has been performed by using an integrated model in which interval type II fuzzy AHP is applied to define the weights of the criteria and HFTOPSIS is applied for the selection of the best strategy. Xu and Zhang have used TOPSIS and maximizing deviation method in which HFS is applied.…”
Section: Research Methodology: An Integrated Model Composed Of Hfahp mentioning
confidence: 99%
“…Tereddütlü olma durumu Çevik-Onar ve ark. tarafından da çalışılmış ve bulanık TOPSIS yöntemi ile birlikte değerlendirilerek stratejik karar vermede kullanılmıştır [13].…”
Section: Ahp)unclassified
“…It permits the membership degree of an element to a set to be several possible values between 0 and 1 [3]. Since its appearance, it has attracted a lot of research attention, and a large amount of literature has been published on hesitant fuzzy set theory and applications [4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19]. Up to now, some researchers have proposed the HFE ranking methods [3,5,7,[20][21][22][23].…”
Section: Lexicographical Ordering Of Hfssmentioning
confidence: 99%