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An extension of the ratio system approach of MOORA method for group decision-making based on interval-valued triangular fuzzy numbers

    Dragisa Stanujkic Affiliation

Abstract

Decision-making in fuzzy environment is often a very complex, especially when related to predictions and assessments. The Ratio system approach of the MOORA method and Intervalvalued fuzzy numbers have already proved themselves as the effective tools for solving complex decision-making problems. Therefore, in this paper an extension of the Ratio system approach of the MOORA method, which allows a group decision-making as well as the use of interval-valued triangular fuzzy numbers, is proposed. Interval-fuzzy numbers are rather complex, and therefore, they are not practical for direct assigning performance ratings. For this reason, in this paper it has also been suggested the approach which allows the expression of individual performance ratings using crisp, interval or fuzzy numbers, and their further transformation into the group performance ratings, expressed in the form of interval-valued triangular fuzzy numbers, which provide greater flexibility and reality compared to the use of linguistic variables. Finally, in this paper the weighted averaging operator was proposed for defuzzification of interval-valued triangular fuzzy numbers.


First published online: 21 Sep 2015

Keyword : MCDM, MOORA, ratio system approach, fuzzy set theory, interval-valued triangular fuzzy numbers, weighted Hamming distance

How to Cite
Stanujkic, D. (2016). An extension of the ratio system approach of MOORA method for group decision-making based on interval-valued triangular fuzzy numbers. Technological and Economic Development of Economy, 22(1), 122-141. https://doi.org/10.3846/20294913.2015.1070771
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Jan 19, 2016
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