Transformations in
Business & Economics
- © Vilnius University, 2002-2015
- © Brno University of Technology, 2002-2015
- © University of Latvia, 2002-2015
Article
AN EXTENSION OF THE MULTIMOORA METHOD FOR SOLVING COMPLEX DECISION-MAKING PROBLEMS BASED ON THE USE OF INTERVAL-VALUED TRIANGULAR FUZZY NUMBERS
Dragisa Stanujkic, Edmundas Kazimieras Zavadskas, Willem K.M. Brauers, Darjan Karabasevic
ABSTRACT. Many real-world decision-making problems are complex and placed in a fuzzy environment, especially when it is related to predictions and assessments. Therefore, an extension of the MULTIMOORA method, primarily adapted for the use of interval-valued triangular fuzzy numbers as well as the use of the group decision-making approach and linguistic variables, is proposed in this paper. In order to demonstrate the applicability and effectiveness of the proposed approach, an example of comminution circuits design selection is considered .
KEYWORDS: MCDM, MULTIMOORA, ratio system, reference point, full multiplicative form, interval-valued triangular fuzzy numbers .
JEL classification: D81, C61, C44.