Decision making can be regarded as the outcome of cognitive processes leading to the selection of a course of action among several alternatives. Borrowing a central measurement from information theory, Shannon entropy, we quantified the uncertainties produced by decisions of participants within an economic decision task under different configurations of reward probability and time. These descri...

during recent years, determining appropriate strategy in the supply chain has become an important strategic issue. however, the nature of these decisions usually is complex and unstructured. to determine the best supply chain strategy, many quantitative and qualitative attributes such as cost, responsiveness and flexibility can be taken into account. in order to approximate the human subjective...

This paper concentrates on a new procedure which experimentally recognises gears and bearings faults of a typical gearbox system using a least square support vector machine (LSSVM). Two wavelet selection criteria Maximum Energy to Shannon Entropy ratio and Maximum Relative Wavelet Energy are used and compared to select an appropriate wavelet for feature extraction. The fault diagnosis method co...

In the fuzzy set theory, information  measures play a paramount role in several areas such as decision making, pattern recognition etc. In this paper, similarity measure based on cosine function and entropy measures based on logarithmic function for IFSs are proposed. Comparisons of proposed similarity and entropy measures with the existing ones are listed. Numerical results limpidly betoken th...

Vendor is an important constituent in the supply chain and supply chain management is truly vendor management. Performance evaluation based vendor selection is a decision of strategic importance to an industry. This paper introduces the concept of relative reliability risk assessment especially for new vendors, where information availability is inadequate to calculate reliability. The paper dea...

Multiple Attribute Decision Making (MADM) is one of the best candidate network selection methods used for Vertical Handover Decision (VHD) in heterogeneous wireless networks (4G). Selection of the network in MADM is predominantly decided by two steps, i.e., attribute normalization and weight calculation. This dependency in MADM results in an unreliable network selection for handover, and in a r...