The financial comprehensive appraisal method plays an essential role in decision-making for investors and reflecting real company’s financial comprehensive situation. Because of the grey characteristics of financial information, this paper constructs a grey relational model with a index system of financial comprehensive appraisal by grey relation theory. It is applied to listed companies in rea...

Abstract: This paper presents a modeling procedure of discovering emergent chance for decision making based on Analytic Hierarchy Process (AHP) and Grey Relational Analysis (GRA). Firstly, the influencing factors of the chances are obtained from domain experts, and then calculate the weights of these influencing factors. Secondly, we use the grey relational model to grade possible chances in de...

In any organization, the importance of failuremanagement cannot bementionedby a single word. However,most failure analysis is dominated by themanufacturing sector, despite the increasing importance of the service sector. In response, this paper proposes a systematic approach for identifying and evaluating potential failures using a service-specific failure mode and effect analysis (service-spec...

This paper presents rough netrosophic multiattribute decision making based on grey relational analysis. While the concept of neutrosophic sets is a powerful logic to deal with indeterminate and inconsistent data, the theory of rough neutrosophic sets is also a powerful mathematical tool to deal with incompleteness. The rating of all alternatives is expressed with the upper and lower approximati...

In order to conduct grey relational analysis of the teaching skills and learning results of aerobics, based on brief introduction of related theories of the grey relational analysis method, this paper uses the viewpoints of system theory to systematically classify the teaching skills of aerobics. Finally, the grey relational analysis method in statistics is combined with the study on the learni...

In the paper an attempt was made to study the performance of Indian Banks with the help of CAMEL(C-Capital Adequacy, A- Asset Quality, M- Management Quality, E-Earnings, L-Liquidity i.e. CAMEL) rating system, over the period of five years from (2011 to 2015) and then evaluated out the efficiency of banks with the help of GRA (Grey Relation Analysis) technique there by gaining confidence from in...

In the present work, the optimization of the abrasive water jet machining (AWJM) process parameters with multiple performance characteristics based on the orthogonal array with the grey relational analysis (GRA) has been studied. Optimization of multiple response characteristics is far more complex compared to optimization of single performance characteristic. A grey relational grade (GRG) calc...