Sensing degree of fuzziness in MCDM model using modified flexible S-curve MF

It is hard to sense the degree of vagueness while using a Multiple Criteria Decision-Making (MCDM) model in industrial engineering problems. Selection of best candidate-alternative is an important issue when the attributes of the candidate-alternatives are conflicting in nature and they have incomme...

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Bibliographic Details
Main Authors: P., Vasant, A., Bhattacharya
Format: Citation Index Journal
Language:English
Published: 2007
Subjects:
Online Access:http://scholars.utp.edu.my/id/eprint/413/
http://scholars.utp.edu.my/id/eprint/413/1/paper.pdf
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Summary:It is hard to sense the degree of vagueness while using a Multiple Criteria Decision-Making (MCDM) model in industrial engineering problems. Selection of best candidate-alternative is an important issue when the attributes of the candidate-alternatives are conflicting in nature and they have incommensurable units. An MCDM model makes it possible to select the candidate-alternative that suits best for the investor. An example illustrating an MCDM model applied in plant-site selection problem has been considered in this article to demonstrate the veracity of the proposed methodology. The degree of vagueness hidden in the proposed approach has been investigated using a flexible modified logistic membership function (MF). The approach presented here provides feedback to the decision maker, implementer and analyst and gives a clear indication about the appropriate application and usefulness of the MCDM model. The key objective of this article is to guide decision makers in finding out the best candidate-alternative with higher degree of satisfaction and lesser degree of vagueness.