Decision-making for supplier selection problems based on QUALIFLEX technique using likelihood method in LIVIFS environment

Abstract

The notion of linguistic interval-valued intuitionistic fuzzy set (LIVIFS) is one of the best tools in order to deal with the qualitative decision making problems. Therefore, in this paper a linguistic interval-valued intuitionistic fuzzy (LIVIF) QUALIFLEX method with a likelihood-based comparison approach is proposed. First, the notion of likelihood of fuzzy preference relation (FPRs) to compare the linguistic interval valued intuitionistic fuzzy numbers (LIVIFNs). By employing a criterion-wise preference assessment of alternatives through the comparison of likelihoods, we introduce a novel QUALIFLEX-based model. This model aims to quantify the degree of concordance in the complete preference order for effective management of decisions involving multiple criteria. We demonstrate the practicality and applicability of the proposed methods through an illustrative example, specifically focusing on the context of Supplier Selection Problems. To validate the efficacy of the proposed methodology, a comparative analysis is performed against other existing methods.