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Dynamic fuzzy multiple criteria decision making for performance evaluation
Dynamic fuzzy multiple criteria decision making for performance evaluation

Author(s): Guangxu Li, Gang Kou, Yi Peng
Subject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: dynamic fuzzy multiple criteria decision making; integrated weight; basic unit-interval monotonic function; time weight; fuzzy TOPSIS; C44; C61; D81;

Summary/Abstract: The paper proposes a dynamic fuzzy multiple criteria decision making (DFMCDM) method. The method considers the integrated weight of the decision makers with the subjective and objective preference and the effect of time weight. In the proposed method, a mathematical programming model is used to determine the integrated weight, and a basic unit-interval monotonic (BUM) function based approach is used to calculate the time weight. In addition, a distance measure of membership function is introduced to effectively measure the degree of difference between the alternatives in the Fuzzy Technique for Order Preference by Similarity to Ideal Solution (FTOPSIS). Finally, a numerical example is introduced to illustrate the proposed method.

  • Issue Year: 21/2015
  • Issue No: 5
  • Page Range: 705-719
  • Page Count: 15
  • Language: English