Abstract
This paper proposes a new fuzzy MCDM (FMCDM) approach based on centroid of fuzzy numbers for ranking of alternatives. The FMCDM approach allows decision makers (DMs) to evaluate alternatives using linguistic terms such as very high, high, slightly high, medium, slightly low, low, very low or none rather than precise numerical values, allows them to express their opinions independently, and also provides an algorithm to aggregate the assessments of alternatives. Three numerical examples are investigated using the FMCDM approach to illustrate its applications. It is shown that the FMCDM approach offers a flexible, practical and effective way of group decision making.
Sign-in/Register to access full text options 
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.
