Fuzzy decision analysis for alternative selection using a fuzzy annual worth criterion

Engineering Economist

Volumn 51, Issue 1, 2006, Pages 19-34

  Liou, Tian Shy ^a   Chen, Ching Wen ^b  

^a CHENG SHIU UNIVERSITY   (Taiwan)

^b NATIONAL KAOHSIUNG UNIVERSITY OF APPLIED SCIENCES   (Taiwan)

Author keywords

[No Author keywords available]

Indexed keywords

CASH REGISTERS; DECISION MAKING; FUZZY CONTROL; INDUSTRIAL APPLICATIONS; LOGIC PROGRAMMING; MATHEMATICAL TECHNIQUES; OPTIMIZATION; SYSTEMS ANALYSIS;

FUZZY DECISION ANALYSIS; FUZZY SET THEORY; INVESTMENT ALTERNATIVES; TRIANGULAR FUZZY NUMBERS (TFN);

FUZZY SETS;

EID: 33644693371     PISSN: 0013791X     EISSN: 15472701     Source Type: Journal    
DOI: 10.1080/00137910500524828     Document Type: Article

References (17)

1. Blank, L.T. and Tarquin, A.J. (1998) Engineering Economy, 4th ed. New York: McGraw-Hill Inc.
2. Bortolan, G. and Degani, R. (1985) "Review of some methods for ranking fuzzy numbers," Fuzzy Sets and Systems, Vol. 15, pp. 1-19.
3. Buckley, J.J. (1987) "The fuzzy mathematics of finance," Fuzzy Sets and Systems, Vol. 21, pp. 257-273.
4. Chan, F.T.S., Chan, M.H. and Tang, N.K.H. (2000) "Evaluation methodologies for technology selection," Journal of Material Technology, Vol. 107, pp. 330-337.
5. Chiadamrong, N. (1999) "An integrated fuzzy multi-criteria decision making method tor manufacturing strategies selection," Computer & Industrial Engineering, Vol. 37, pp. 433-436.
6. Chiu, C.U. and Park, C.S. (1994) "Fuzzy cash flow analysis using present worth criterion," The Engineering Economist, Vol. 39, No. 2, pp. 113-138.
7. Dubois, D. and Prade, H. (1979) "Fuzzy real algebra: some results," Fuzzy Set and Systems, Vol. 2, pp. 327-348.
8. Fleischer, G.A. (1984) Engineering Economy - Capital Allocation Theory. Belmont, CA: Wadsworth.
9. Kahraman, C., Ruan, D. and Tolga, E. (2002) "Capital budgeting techniques using discounted fuzzy versus probability cash flows," Information Sciences, Vol. 142, pp. 57-76.
10. Karsak, E.E. and Tolga, E. (2001) "Fuzzy multi-criteria decision-making procedure for evaluating advanced manufacturing system investments," International journal of Production Economics, Vol. 69, pp. 49-64.
11. Kaufmann, A. and Gupta, M.M. (1988) Fuzzy Mathematical Models in Engineering and Management Science. Amsterdam: Elsevier Science Publishers BV, pp. 19-35 & pp. 159-165.
12. Klir, G.J. and Yuan, B. (1995) Fuzzy Sets and Fuzzy Logic-Theory and Applications. NJ: Prentice Hall.
13. Kuchta, D. (2001) "A fuzzy model for R&D project selection with benefit, outcome and resource interactions," The Engineering Economist, Vol. 46, No. 3, pp. 164-180.
14. Li, Y., Ida, K. and Gen, M. (1997) "Improved genetic algorithm for solving multiobjective solid transportation problem with fuzzy numbers," Computers & Industrial Engineering, Vol. 33, No. 3-4, pp. 589-592.
15. Liou, T.S. and Wang, M.J. (1992) "Ranking fuzzy numbers with integral value," Fuzzy Sets and Systems, Vol. 50, pp. 247-255.
16. Ward, T.L. (1985) "Discounted fuzzy cash flow analysis," Proceedings of 1985 Fall Industrial Engineering Conference, Institute of Industrial Engineers, pp. 476-481.
17. Zadeh, L.A. (1965) "Fuzzy set," Information and Control, Vol. 8, pp. 338-353.