MANAGERIAL DECISION MAKING USING BEST WORST METHOD WITH MULTI-VALUED NEUTROSOPHIC APPROACH PDF Download
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Author: NIVETHA MARTIN
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 11
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Book Description
The subject of intrinsic and extrinsic factors constitute to the elements of decision making process characterized by the influence of multi bench mark, diverse consents of the experts on different aspects-at managerial level. Decision makers strive hard to construct consensus in formulating decisions by minimizing the complexity in the process of decision making by applying various approaches of decision making.
Author: NIVETHA MARTIN
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 11
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Book Description
The subject of intrinsic and extrinsic factors constitute to the elements of decision making process characterized by the influence of multi bench mark, diverse consents of the experts on different aspects-at managerial level. Decision makers strive hard to construct consensus in formulating decisions by minimizing the complexity in the process of decision making by applying various approaches of decision making.
Author: Amin Vafadarnikjoo
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 41
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Book Description
The best-worst method (BWM) is a multiple criteria decision-making (MCDM) method for evaluating a set of alternatives based on a set of decision criteria where two vectors of pairwise comparisons are used to calculate the importance weight of decision criteria. The BWM is an efficient and mathematically sound method used to solve a wide range of MCDM problems by reducing the number of pairwise comparisons and identifying the inconsistencies derived from the comparison process.
Author: S. Sudha
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 14
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Book Description
Decision making is a comprehensive process comprising of uncertainties that shall be handled with the right selection of decision making approaches. Selection of the optimal alternatives and the best criteria is the expected outcome of any decision making strategy. This paper proposes a decision making model based on the plithogenic pythagorean best –worst method which is an extension of the multi-valued neutrosophic approach of BWM. The efficiency of the developed model is determined with the example pertaining to the optimal selection of the teaching methods based on the attribute values or the sub criteria and it is also compared with the neutrosophic approach. In the proposed model plithogenic and pythagorean neutrosophic sets are used for representing the expert’s opinion.
Author: Mohit Kumar
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The best-worst method (BWM) is a well-known multi-criteria decision-making (MCDM) method that elicits judgements from a decision maker (DM) in the form of pairwise comparisons. There are two models of BWM that are widely used: non-linear and linear. The main drawback of the non-linear model is the non-uniqueness of the resulting weight set. A linear model gives a unique resulting weight set but with less accuracy than a non-linear model. In this paper, a simplified method is proposed that gives a unique weight set with the same accuracy as non-linear BWM. In the proposed method, first each weight set is associated with some consistent pairwise comparison system and a relationship is established between consistency values and optimal accuracy. Then an algorithm is developed for an optimal modification of the given pairwise comparison system to make it consistent. Here, an optimal modification means that the modified system preserves the original comparison values as much as possible. The weight set associated with this modified consistent pairwise comparison system is the resulting weight set of the proposed model. This weight set is unique and has the same accuracy as the weight sets resulting from the non-linear model of BWM. So if the non-linear model has a unique solution, it is same as the solution of the proposed model. Otherwise the solution of the proposed model is the best among all the solutions of the non-linear model. Thus, the proposed method is an improvement over the BWM. The values of consistency index are also modified based on the proposed method. Finally several examples are taken to illustrate the process and a real-world application (energy efficiency constraints in buildings) is taken to validate the proposed method.
Author: Amin Vafadarnikjoo
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 41
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Book Description
The best-worst method (BWM) is a multiple criteria decision-making (MCDM) method for evaluating a set of alternatives based on a set of decision criteria where two vectors of pairwise comparisons are used to calculate the importance weight of decision criteria. The BWM is an efficient and mathematically sound method used to solve a wide range of MCDM problems by reducing the number of pairwise comparisons and identifying the inconsistencies derived from the comparison process. In spite of its simplicity and efficiency, the BWM does not consider the decision-makers’ (DMs’) confidence about their pairwise comparisons. We propose a neutrosophic enhancement to the original BWM by introducing two new parameters as the DMs’ confidence in the best-to-others preferences and the DMs’ confidence in the others-to-worst preferences. We present two real-world cases to illustrate the applicability of the proposed neutrosophic enhanced BWM (NE-BWM) by considering confidence rating levels of the DMs.
Author: Juan-juan Peng
Publisher: Infinite Study
ISBN:
Category :
Languages : en
Pages : 14
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Book Description
Multi-valued neutrosophic sets (MVNSs) have recently become a subject of great interest for researchers, and have been applied widely to multi-criteria decision-making (MCDM) problems.
Author: Cengiz Kahraman
Publisher: Springer
ISBN: 3030000451
Category : Technology & Engineering
Languages : en
Pages : 734
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Book Description
This book offers a comprehensive guide to the use of neutrosophic sets in multiple criteria decision making problems. It shows how neutrosophic sets, which have been developed as an extension of fuzzy and paraconsistent logic, can help in dealing with certain types of uncertainty that classical methods could not cope with. The chapters, written by well-known researchers, report on cutting-edge methodologies they have been developing and testing on a variety of engineering problems. The book is unique in its kind as it reports for the first time and in a comprehensive manner on the joint use of neutrosophic sets together with existing decision making methods to solve multi-criteria decision-making problems, as well as other engineering problems that are complex, hard to model and/or include incomplete and vague data. By providing new ideas, suggestions and directions for the solution of complex problems in engineering and decision making, it represents an excellent guide for researchers, lecturers and postgraduate students pursuing research on neutrosophic decision making, and more in general in the area of industrial and management engineering.
Author: Minxia Luo
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 15
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Book Description
In this paper, a new tangent similarity between single valued neutrosophic sets is given, which contain tangent similarity [23] as a special case. A best-worst multi-criteria decision making method based on the single valued neutrosophic sets is proposed. To achieve this goal, we design an algorithm to identify the best andworst criteria through computing the outdegrees and in-degrees of the collective single valued neutrosophic preference relation directed network, and then calculate the optimal weight vector of attributes. Moreover, a mathematical model corresponding to the definitions of consistent single valued neutrosophic preference relation is contracted. Finaly, the evaluation values of all alternatives are calculated by the proposed new tangent similarity.
Author: Florentin Smarandache
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 596
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Book Description
“Neutrosophic Sets and Systems” has been created for publications on advanced studies in neutrosophy, neutrosophic set, neutrosophic logic, neutrosophic probability, neutrosophic statistics that started in 1995 and their applications in any field, such as the neutrosophic structures developed in algebra, geometry, topology, etc. Some articles in this issue: Neutrosophic Soft Fixed Points, Selection of Alternative under the Framework of Single-Valued Neutrosophic Sets, Application of Single Valued Trapezoidal Neutrosophic Numbers in Transportation Problem.
Author: Florentin Smarandache
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 662
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Book Description
“Neutrosophic Sets and Systems” has been created for publications on advanced studies in neutrosophy, neutrosophic set, neutrosophic logic, neutrosophic probability, neutrosophic statistics that started in 1995 and their applications in any field, such as the neutrosophic structures developed in algebra, geometry, topology, etc.
