Abstract
The product concept evaluation plays a very important role in product development. It can be considered as multi-criteria decision making (MCDM) problem. In a MCDM problem, a decision maker has to choose the best alternative that satisfies the evaluation criteria among a set of candidate solutions. This paper introduces a compromise MCDM evaluation model which combines fuzzy DEMATEL and VIKOR methods. The criteria weights are determined based on separate cause-effect assessment of a group of experts using the fuzzy DEMATEL approach. The resulting criteria weights are applied to the decision analysis where the fuzzy VIKOR approach is adopted which determines a compromise solution by using utility weight.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
