Hesitant fuzzy linguistic decision making is a focus point in linguistic decision making, in which the main method is based on preference ordering. This paper develops a new hesitant fuzzy linguistic TOPSIS method for group multi-criteria linguistic decision making; the method is inspired by the TOPSIS method and the preference degree between two hesitant fuzzy linguistic term sets (HFLTSs). To...

Maintenance has been acknowledged by industrial management as a significant influencing factor of plant performance. Effective plant maintenance can be realized by developing a proper maintenance strategy. However, selecting an appropriate maintenance strategy is difficult because maintenance is a non-repetitive task such as production activity. Maintenance also does not leave a consistent trac...

Energy has been universally recognized as a key element for sustainable development. In developing countries, such as Turkey, energy demand increases thanks to a fast growing population and economy, posing threats of energy availability in the next decades. For this reason, Turkey has to evaluate and develop domestic, clean, and reliable energy sources from different alternative sources for sus...

Outsourcing some of the logistic activities is a useful strategy for companies in recent years. This makes it possible for firms to concentrate on their main issues and processes and presents facility to improve logistics performance, to reduce costs, and to improve quality. Therefore provider selection and evaluation in third-party logistics become important activities for companies. Making a ...

Abstract Financial institutions use credit rating models to make lending, investing, and risk management decisions. Credit have been developed using a variety of statistical machine learning methods. These methods, however, are data-intensive dependent on assumptions about data distribution. This research offers an integrated fuzzy model address such issues. study proposes reduce problems. The ...

The evaluation and selection of industrial projects before investment decision is often done by using marketing, technical and financial information. Financial assessment is commonly done using engineering economics techniques, but each technique has advantages and limitations in itself. On the other hand, in financial assessment, some of input data such as cash flow and interest rate may be un...

In hotly competitive international industrial and economic environments, supply chain coordination (SCC) is one of active research topics in production and operation management. In this research work, we present a new consensus-based fuzzy TOPSIS approach for supply chain coordination problem. It is formulated as a multi-criteria group decision making (MCGDM) problem and solved by combining con...

TOPSIS is one of the major techniques in dealing with multiple criteria decision making (MCDM) problems, and Belief Structure (BS) model and Fuzzy BS model have been used successfully for uncertain MCDM with incompleteness, impreciseness or ignorance. In this paper, the TOPSIS method with Fuzzy BS model is proposed to solve Group Belief MCDM problems. Firstly, the Group Belief MCDM problem is s...

Selecting the appropriate manufacturing machine is a very important and complex problem for firms which usually have to deal with both qualitative and quantitative criteria and involve different decision makers whose knowledge is often vague and imprecise. This paper proposes a peer-based modification to intuitionistic fuzzy multi-criteria group decision making with TOPSIS method (peer IF-TOPSI...

The technique for order preference by similarity to ideal solution (TOPSIS) is a well-known multi-attribute decision making (MADM) method that is used to identify the most attractive alternative solution among a finite set of alternatives based on the simultaneous minimization of the distance from an ideal solution (IS) and the maximization of the distance from the nadir solution (NS). We propo...