A fuzzy trade-off ranking method for multi-criteria decision-making

Nor Izzati Jaini, Sergey V. Utyuzhnikov

Research output: Contribution to journalArticlepeer-review

10 Citations (Scopus)

Abstract

The aim of this paper is to present a trade-off ranking method in a fuzzy multi-criteria decision-making environment. The triangular fuzzy numbers are used to represent the imprecise numerical quantities in the criteria values of each alternative and the weight of each criterion. A fuzzy trade-off ranking method is developed to rank alternatives in the fuzzy multi-criteria decision-making problem with conflicting criteria. The trade-off ranking method tackles this type of multi-criteria problems by giving the least compromise solution as the best option. The proposed method for the fuzzy decision-making problems is compared against two other fuzzy decision-making approaches, fuzzy Technique for Order Preference by Similarity to the Ideal Solution (TOPSIS) and fuzzy VlseKriterijuska Optimizacija I Komoromisno Resenje (VIKOR), used for ranking alternatives.

Original languageEnglish
Article number1
JournalAxioms
Volume7
Issue number1
DOIs
Publication statusPublished - 26 Dec 2017
Externally publishedYes

Keywords

  • Fuzzy TOPSIS
  • Fuzzy trade-off
  • Fuzzy VIKOR
  • Multi-criteria decision-making
  • Pareto solution
  • Ranking
  • Triangular fuzzy number

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