Abstract

A new fuzzy Delphi method is proposed. The method employs the fuzzy statistics and technique of the conjugate gradient search to fit membership functions. Membership functions besides triangles may be derived for the fuzzy forecasts. A procedure termed as stabilization rather than convergence of the iterative interval-valued surveys is utilized, in which the α-level set of the fuzzy forecasts is used. The testing of stability of the process is conducted on the fuzzy forecasts between two consecutive iterations instead of within each iteration. An application of this method to the problem of managerial talent assessment for a company located in Taiwan and the obtained results are provided.

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.