Many multi-criteria decision making (MCDM) methods have been proposed to handle uncertain decision making problems. Most of them are based on fuzzy numbers and they are not able to cope with risk in decision making. In recent years, some MCDM methods based on prospect theory to handle risk MCDM problems have been developed. In this paper, we propose the Fuzzy TODIM for group decision making, so...

In the real world, group decision making is one of the most significant and omnipresent human decision making activities. The central problem of group decision making is to develop “fair” methods for aggregating individual alternatives (options, variants, etc.) to yield a consensus decision that is most acceptable to the group as a whole. It has become a subject of intensive research due to its...

In this paper, we present a new method to handle fuzzy multiple attributes group decision-making problems. First, we construct fuzzy importance matrices for decision-makers with respect to attributes and construct fuzzy evaluating matrices for decision-makers with respect to attributes of the alternatives. Then, based on the fuzzy importance matrices and the fuzzy evaluating matrices, we can ge...

profitability as the most important factor in decision-making, has always been considered by stake­holders in the company's profitability. also can be a basis for evaluating the performance of the managers. the ability to predict the profitability can be very useful to help decision-makers. that's why one of the most important issues is the expected profitability. the importance of th...

decision making about outsourcing or insourcing of manufacturing activities is a type of multiple criteria decision making (mcdm) problem, which requires considering quantitative and qualitative factors as evaluation criteria simultaneously. therefore, a suitable mcdm method can be useful in this area as it can consider the interactions among quantitative and qualitative criteria. the analytic ...

In the last few years, several Multi-criteria Decision Making (MCDM) methods have been proposed. One of these methods, known as TODIM (an acronym in Portuguese for Interative Multi-criteria Decision Making), has been extended to uncertain MCDM problems. Firstly, using fuzzy numbers and recently using intuitionistic fuzzy numbers. The recently developed intuitionistic fuzzy TODIM, for short, IFT...