A novel group decision model based on mean–variance–skewness concepts and interval-valued fuzzy sets for a selection problem of the sustainable warehouse location under uncertainty

Abstract

Recently, sustainable warehouse location has been regarded as one of the most critical and significant decision problems for long-term planning in the supply chain. This strategic decision can be effected by different quantitative and qualitative evaluation criteria via three dimensions of the sustainability. Main theme of the paper is to select the most optimal location decision from a number of potential sustainable warehouse candidates. For this purpose, this paper presents a novel multi-criteria decision-making model by a group of supply chain experts or decision makers with interval-valued fuzzy setting and asymmetric uncertainty information. Concepts of mean, variance and skewness are introduced into the proposed group decision model, and their mathematical relations are defined based on a fuzzy possibilistic statistical approach. Then, new relations in this model are presented for obtaining ideal solutions under uncertainty with two high and low values of the possibilistic mean and possibilistic standard deviation, along with the possibilistic cube root of skewness. In addition, novel separation measures and new fuzzy ranking index of hybridized relative closeness coefficients are presented to provide final preference order of warehouse location candidates under uncertain conditions. Finally, a sustainable warehouse location selection problem in a pharmaceutical company is presented and solved by the proposed group decision model to demonstrate its applicability and suitability.