Fuzzy VIKOR Method for Multiple Attributes Group Decision Making Problem

Author: Irina Khutsishvili
Keywords: Multiple attributes group decision making, VIKOR method, ranking of alternatives, compromise solution.
Annotation:

The current study proposes an application of the VIKOR method in the MAGDM problem under hesitant fuzzy environment. Linguistic terms are used to assess the values and weights of the all established attributes. These linguistic assessments can be expressed in triangular fuzzy numbers. VIKOR introduces the ranking index of alternatives based on the measure of ‘‘closeness” to the ‘‘ideal” solution. The method determines a compromise solution, providing a maximum of a ‘‘group utility’’ and a minimum of an ‘‘individual loss’’ of its attributes. An example of selecting the investment projects using fuzzy VIKOR method is presented to illustrate the application of the proposed approach.

Lecture files:

ფაზი VIKOR მეთოდი მრავალ–ატრიბუტული ჯგუფური გადაწყვეტილების მიღების ამოცანაში [ka]
Fuzzy VIKOR Method for Multiple Attributes Group Decision Making Problem [en]