in most of the multi-criteria decision making problems, it is important to have necessary information about relative importance of each criteria. in this group of problems, weights measure the relative importance of preferences of each criteria in comparison with the other decision making criteria. in this research, the nise method has been used for mapping mean-variance efficient frontier. nis...

implementation of the risk management concepts into construction practice may enhance the performance of project by taking appropriate response actions against identified risks. this research proposes a multi-criteria group decision making approach for the evaluation of different alternative response scenarios. to take into account the uncertainties inherent in evaluation process, fuzzy logic i...

this paper submitting the computation of optimize point of ordering in inventory control systems and particularly for continuous review of ordering system (r,q) by fuzzy logic method which similarly can be used for other ordering systems. since in the ordering models we cannot forecast the parameters like cost exactly, we have ambiguity. in this case using precise parameters may cause wrong dec...

Multi-criteria group decision-making is a process in which decision makers assess the performance of alternatives on the basis of conflicting criteria to opt the most worthy alternative as solution. TOPSIS and ELECTRE are effective and commonly used methods to solve multiple criteria decision-making problems. The aim of this study is to propose two new models, namely, complex Pythagorean fuzzy ...

in recent years stock exchange has become one of the most attractive and growing businesses in respect of investment and profitability. but applying a scientific approach in this field is really troublesome because of variety and complexity of decision making factors in the field. this paper tries to deliver a new solution for portfolio selection based on multi criteria decision making literatu...

in models of data envelopment analysis (dea), an optimal set of weights is generally assumed to represent the assessed decision making unit (dmu) in the best light in comparison to all the other dmus, and so there is an optimal set of weights corresponding to each dmu. the present paper, proposes a three stage method to determine one common set of weights for decision making units. then, we use...

Floating, Production, Storage and Offloading “FPSO” have become a popular choice since 1980s for marginal and fast-track developments where subsea pipeline is not an economic or feasible solution for export. Field development usually starts with a concept selection procedure which is constituted from a sequence of multi-disciplinary decision making tasks. As limited data is availabl...