Abstract

Multi-criteria group decision-making (MCGDM) problems are fundamentally characterized by uncertainty and ambiguity. The quantification of such data is vital for determining the most optimal course of action. In this paper, a double-layer possibility degree-based interval-valued q-rung orthopair fuzzy sets (IVq-ROFSs) Vlsekriterijumska Optimizacija i Kompromisno Resenje (VIKOR) approach is presented. First, the possibility degrees of IVq-ROFSs are calculated and processed to establish a new neutralized decision matrix. Second, the components of the new decision matrix are taken into account for obtaining a new pair of positive and negative ideal solutions. The utility and regret measures in the VIKOR approach are ultimately determined by combining criteria weights and cumulative possibility degrees to rank the alternatives. The results of the study show that the proposed approach contributes to acquiring accurate alternative rankings in situations where traditional approaches have had difficulty generating ranks. Also, by eliminating the early normalization stage, which has a direct impact on the final ranking, the proposed approach concludes a unique ranking for each decision-making problem. Several comparative and sensitivity analysis are also conducted to exhibit robustness and applicability of the proposed approach in real world.

Full Text
Paper version not known

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 call

Disclaimer: 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.