This paper proposes improvements and revisions to a recent approach in a voting system, and provides an effective approach with a stronger discriminate power. For this purpose, the advantage of a linear transformation is utilized to redene a previously used concept of virtual worst candidate, by incorporating the existing weight restrictions. Then, the best score of this virtual candidate is us...

The impetus for this research was examining a flow shop problem in which tasks were expected to be successively carried out with no time interval (i.e., no wait time) between them. For this reason, they should be completed by specific dates or deadlines. In this regard, the efficiency of the models was evaluated based on makespan. To solve the NP-Hard problem, we developed two mathematical mode...

Crude oil is a highly strategic commodity. This paper investigates the necessity of using interval data and interval econometric models for crude oil price forecasting. Compared to the traditional point-valued data, interval-valued data in a time period contain much more valuable information which is useful for market participant to make decisions. We develop three autoregressive conditional in...

In Game theory, there are situations in which it is very difficult to characterize the private information of each player. In this case, the payoffs can be given by approximate values, represented by fuzzy numbers. Whenever there is uncertainty in the modeling of those fuzzy numbers, interval fuzzy numbers may be used. This paper introduces two approaches for the solution of interval-valued fuz...