Fuzzy multiple attribute decision making. Methods and applications. In collaboration with Frank P. Hwang (Q1189549)

Most of the real-world multi attribute decision making (MADM) problems contain a mixture of fuzzy and crisp data and may have a large number of alternatives and/or attributes. The existing MADM methods usually cannot effectively solve most real-world problems of more than tens of alternatives or attributes. This monograph presents a new and practical approach which can solve nearly any size problem. The presented approach is conceptually easy to understand and operationally easy to use. Fuzzy MADM methods basically consist of two phases: (1) the aggregation of the performance scores with respect to all the attributes for each alternative, and (2) the rank ordering of the alternatives according to the aggregated scores. This monograph is intended for advanced undergraduates or graduates as well as researchers who need practical methods of MADM or want a compilation of developments in this rapidly growing field of operations research. The literature on methods of fuzzy MADM has been reviewed thoroughly and critically and classified systematically. The book provides readers with a capsule look into the existing methods, their characteristics and applicability to the analysis of fuzzy MADM problems. The overview of basic classical MADM methods is given in Chapter 2. Chapter 3 presents the basic concepts and mathematical operations of fuzzy set theory with simple numerical examples. Chapter 4 deals with fuzzy ranking methods. A systematic classification of about two dozen existing ranking methods is presented. The basic concepts, the computational procedures, and the characteristics of each method are concisely discussed. Numerical examples are used to illustrate the computational procedures. An up-to-date bibliographical listing of more than 400 references closes the book.