Abstract
The facility location selection, which is one of the important activities in strategic planning for a wide range of private and public companies, is a multi-criteria decision making problem including both quantitative and qualitative criteria. Traditional methods for facility location selection can not be effectively handled because information can not be represented by precise information under many conditions. This paper proposes the integration of intuitionistic fuzzy preference relation aiming to obtain weights of criteria and intuitionistic fuzzy TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method aiming to rank alternatives for dealing with imprecise information on selecting the most desirable facility location. To illustrate the application of the proposed method, a practical application is given.
Highlights
Today’s fierce competitive environment enforces companies to make right decisions on management activities
Chen [10] developed a new approach based on fuzzy multiple attributes decision-making (FMADM) with a stepwise ranking procedure to resolve the selection of distribution center location under fuzzy environment
The success of companies depends on their capability on making right strategic decisions
Summary
Today’s fierce competitive environment enforces companies to make right decisions on management activities. One of the most important decisions for companies is facility location selection, since it is a costly and difficult to reserve activity. Facility location selection has a great impact on output of operating and management activities in companies [1]. Fuzzy set theory (FST) has been applied in the recent studies to deal with selecting facility location with respect to subjective factors. Liang and Wang [7] developed an algorithm based on FST and hierarchical structure in order to deal with selecting facility location. Chen [10] developed a new approach based on FMADM with a stepwise ranking procedure to resolve the selection of distribution center location under fuzzy environment. This paper proposes an intuitionistic fuzzy multi-criteria decision making method with the TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method for selecting facility location.
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