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In the rising information technology trends, cost, time, delivery, space, quality, durability, and price are all paramount in addressing managerial decision-making complexities within the supply chain, transportation, and inventory control. The intensifying competition within imprecise environments further complicates these challenges. Customer demand, influenced by multifaceted factors such as production price and income levels, often remains elusive or unpredictable in the real-world market. Fuzzy sets, while useful, need to catch up in directly capturing such uncertainties due to their numeric membership functions. Multi-Criteria Decision Making Models and Techniques: Neutrosophic Approaches explores the neutrosophic sets as a solution, uniquely poised to accommodate inherent uncertainties. Neutrosophic sets and logic are evolutionary extensions of fuzzy and intuitionistic fuzzy sets and logic. In real-world problems, these diverse uncertain systems demonstrate a capability to manage heightened levels of uncertainty. This book delves into the burgeoning field of neutrosophic theory, elucidating its application in operations research. Neutrosophic sets and logic have emerged as pivotal tools in grappling with uncertainty, impreciseness, vagueness, incompleteness, inconsistency, and indeterminacy.
Information management is a common paradigm in modern decision-making. A wide range of decision-making techniques have been proposed in the literature to model complex business and engineering processes. In this Special Issue, 16 selected and peer-reviewed original research articles contribute to business information management in various current real-world problems by proposing crisp or uncertain multiple-criteria decision-making (MCDM) models and techniques, mostly including multi-attribute decision-making (MADM) approaches, in addition to a single paper proposing an interactive multi-objective decision-making (MODM) approach. Particular attention is devoted to information aggregation operators—65% of papers dealt with this item. The topics of this Special Issue gained attention in Europe and Asia. A total of 48 authors from seven countries contributed to this Issue. The papers are mainly concentrated in three application areas: supplier selection and rational order allocation, the evaluation and selection of goods or facilities, and personnel selection/partner selection. A number of new approaches are proposed that are expected to attract great interest from the research community.
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.
Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones. This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist. Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.
The success of any activity and process depends fundamentally on the possibility of balancing (symmetry) needs and their satisfaction. That is, the ability to properly define a set of success indicators. The application of the developed new multi-criteria decision-making (MCDM) methods can be eliminated or decreased by decision-makers’ subjectivity, which leads to consistency or symmetry in the weight values of the criteria. In this Special Issue, 40 research papers and one review study co-authored by 137 researchers from 23 different countries explore aspects of multi-criteria modeling and optimization in crisp or uncertain environments. The papers propose new approaches and elaborate case studies in the following areas of application: MCDM optimization in sustainable engineering, environmental sustainability in engineering processes, sustainable multi-criteria production and logistics processes planning, integrated approaches for modeling processes in engineering, new trends in the multi-criteria evaluation of sustainable processes, and multi-criteria decision-making in strategic management based on sustainable criteria.
In the rising information technology trends, cost, time, delivery, space, quality, durability, and price are all paramount in addressing managerial decision-making complexities within the supply chain, transportation, and inventory control. The intensifying competition within imprecise environments further complicates these challenges. Customer demand, influenced by multifaceted factors such as production price and income levels, often remains elusive or unpredictable in the real-world market. Fuzzy sets, while useful, need to catch up in directly capturing such uncertainties due to their numeric membership functions. Multi-Criteria Decision Making Models and Techniques: Neutrosophic Approaches explores the neutrosophic sets as a solution, uniquely poised to accommodate inherent uncertainties. Neutrosophic sets and logic are evolutionary extensions of fuzzy and intuitionistic fuzzy sets and logic. In real-world problems, these diverse uncertain systems demonstrate a capability to manage heightened levels of uncertainty. This book delves into the burgeoning field of neutrosophic theory, elucidating its application in operations research. Neutrosophic sets and logic have emerged as pivotal tools in grappling with uncertainty, impreciseness, vagueness, incompleteness, inconsistency, and indeterminacy.
The TOPSIS method is extended with entropy-AHP weights, and entropy-AHP weights are used instead of subjective weights. A novel decision-making model of TOPSIS integrated entropy-AHP weights is proposed to select the appropriate supplier. Finally, we take the selection of building material suppliers as an example and use sensitivity analysis to show that the combination of the TOPSIS method based on entropy-AHP weights can effectively select the appropriate supplier.
In this study, we give some concepts concerning the neutrosophic sets, single valued neutrosophic sets, interval-valued neutrosophic sets, bipolar neutrosophic sets, neutrosophic hesitant fuzzy sets, inter-valued neutrosophic hesitant fuzzy sets, refined neutrosophic sets, bipolar neutrosophic refined sets, multi-valued neutrosophic sets, simplified neutrosophic linguistic sets, neutrosophic over/off/under sets, rough neutrosophic sets, rough bipolar neutrosophic sets, rough neutrosophic hyper-complex set, and their basic operations.
This book is a printed edition of the Special Issue "Neutrosophic Multi-Criteria Decision Making" that was published in Axioms