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Modelling and optimizing multiple attribute decisions by using fuzzy sets

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Author Info

  • Gh. Gh. IONESCU

    (Faculty of Economics, West University of Timisoara)

  • Adina NEGRUSA

    (Faculty of Business, Babes-Bolyai University of Cluj-Napoca)

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    Abstract

    The purpose of this paper is to present a coherent perspective of modeling and optimizing multiple attribute decisions by using fuzzy sets. In management practice we face most of the time the situation in which a problem have several possible solutions and each solution can be analyzed using multiple criteria models. In the same time, in real life decision making process there is a given level of uncertainty which makes difficult a clear cut analytical analysis. The object of this article is to build a model approach for making multiple criteria decision using fuzzy sets of objects. Elaborating multiple attribute decisions involves performing an assessment and selecting from a given and finite set of possible alternative courses of action in the presence of a given and finite, and usually conflicting set of attributes and criteria.

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    Bibliographic Info

    Article provided by Economic Publishing House in its journal Management & Marketing.

    Volume (Year): 4 (2009)
    Issue (Month): 1 (Spring)
    Pages:

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    Handle: RePEc:eph:journl:v:4:y:2009:i:1:n:7

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    Related research

    Keywords: decision making; fuzzy sets; modeling; multiple criteria optimization.;

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