Model for Evaluating the Competitive Power of Service Trade with Intuitionistic Fuzzy Information

In this paper, we investigate the multiple attribute decision making (MADM) problems for for evaluating the competitive power of service trade with intuitionistic fuzzy information. A modified project method is proposed. Then, based on the traditional project method, calculation steps for evaluating the competitive power of service trade with known weight information are given. The project values between every alternative and positive ideal solution and negative ideal solution are calculated. Then, according to the concept of the project method, a relative closeness degree is defined to determine the ranking order of all alternatives. Finally, an illustrative example about risk investment is given to verify the developed approach and to demonstrate its practicality and effectiveness.