Decision-making oriented clustering: Application to pricing and power consumption scheduling

An AHP-Delphi Multi-Criteria Decision Making Model with Application to Environmental Decision-Making

Application of Fuzzy Decision-Making to Facility Layout Planning

This research proposes a vigorous methodology based on the fuzzy set theory to improve the facility layout process. Using natural language, the fuzzy set theory is an appropriate tool for controlling complex systems such as facility planning. The closeness rating between departments in a plant depends on qualitative and quantitative factors. Some of these factors may have a greater effect on th...

Application of Fuzzy Decision-Making to Facility Layout Planning

This research proposes a vigorous methodology based on the fuzzy set theory to improve the facility layout process. Using natural language, the fuzzy set theory is an appropriate tool for controlling complex systems such as facility planning. The closeness rating between departments in a plant depends on qualitative and quantitative factors. Some of these factors may have a greater effect on th...

Optimal Decision-Making under Uncertainty - Application to Power Transmission Investments

Investment could be defined as the act of incurring immediate costs with the expectation of future returns. An investment project, as every asset has a value. Thus, for successfully investing in and managing these assets is crucial not only recognizing what the value is but also the sources of this value (Damodaran, 2002). Most investment decisions share three important characteristics in diffe...

FUZZY SOFT MATRIX THEORY AND ITS APPLICATION IN DECISION MAKING

In this work, we define fuzzy soft ($fs$) matrices and theiroperations which are more functional to make theoretical studies inthe $fs$-set theory. We then define products of $fs$-matrices andstudy their properties. We finally construct a $fs$-$max$-$min$decision making method which can be successfully applied to theproblems that contain uncertainties.