Multi-Criteria Decision Analysis (MCDA) methods are essential for addressing real-world challenges in the dynamic field of decision support technology. As technology advances, the expanding variety of multi-criteria evaluation methods highlights the critical importance of method selection for reliable results. These methods can be applied to scenarios involving both precise data and uncertainties. Expert knowledge is relevant in navigating real-world decision problems, particularly in uncertain environments where judgment inaccuracies can create challenges. Determining criteria weights is a pivotal step, as it significantly influences final outcomes and provides a nuanced understanding of each factor's impact on the evaluation.This paper addresses the pressing need for methods that account for uncertainty and effectively reduce the impact of inaccuracies in expert judgment. To this end, we introduce the Fuzzy RANking COMparison (RANCOM) method, a novel fuzzy subjective weighting approach that extends the advantages of the original RANCOM method to manage uncertainty. Using Triangular Fuzzy Numbers (TFNs), the proposed extension maintains simplicity, rapid execution, and flexibility in establishing criteria relationships. Key contributions of this paper include the development of the Fuzzy RANCOM method and a comparative analysis with the Fuzzy Analytical Hierarchy Process (AHP) method. Through multiple simulations, the study examines the operational dynamics of these methods, offering a valuable tool for decision-makers, especially in contexts where expert judgments may be prone to inaccuracies. The development of the Fuzzy RANCOM method provides a robust solution, equipping decision-makers with an effective tool to determine criteria weights while minimizing the impact of potential judgment errors.
Read full abstract