An Investment Decision using Fuzzy Logic
to select a Production Line
An Investment Decision using Fuzzy Logic
to select a Production Line
Author(s): Marius Bălaş, Luiela Magdalena CsorbaSubject(s): Economy
Published by: Editura Universității Aurel Vlaicu
Keywords: decision-making;investments; fuzzy logic; fuzzy inter¬polative ADL matrix
Summary/Abstract: The paper presents a decision-making case study: the choice of a production line for natural juices, among 10 offers com¬ing from 5 countries. 6 performance criteria are applied, some of them being fuzzy. Two solutions are provided: a conventional one, based on the affiliation degrees calculus and a fuzzy-interpolative one
Journal: Journal of Economics and Business Research
- Issue Year: 17/2011
- Issue No: 1
- Page Range: 7-21
- Page Count: 15
- Language: English
