Investment appraisal in advanced manufacturing technologies (AMTs) has been receiving considerable attention over the past three decades. As stated in numerous studies, traditional engineering economic methods cannot adequately justify investments in AMTs. Thus, beside these methods, some other solutions have been proposed in this field. The methods applied in the evaluation of AMTs can be clas...

– Sustainable evaluation of construction projects in strategy-focused condition is the main issue for municipalities to appropriately improve public sector services. In this respect, the group decision-making methods could help experts to select suitable sustainable projects and to schedule them regarding their ranking results. Therefore, the objective of this study is to present a hybrid group...

higher education plays a very vital role in developing human resources as well as economic ones in every country. in so doing, the act of evaluation would help the decision makers as well as managers to spot the weaknesses to use the required provisions to work more effectively. the present study with a different approach toward the designing a comprehensive evaluation expert system using fuzzy...

the expansion of major cities regardless of the scientific planning principles has led to theemergence of negative urban development impacts in iran such as the degradation of natural resources andvarious forms of pollution. undoubtedly, urban rivers can enhance the ecological value of the earth to anoptimal extent. however, to benefit from these potentials, appropriate planning looks inevitabl...

Decision-making problems require systematic approach to evaluate alternatives using both quantitative and non-quantitative factors. Standard methods to solve problems lack considerations of non-quantitative factors, in which numeric value is difficult to assign. Different techniques like Fuzzy set theory, Analytic Hierarchy Process (AHP) and Multi Criteria Decision Making (MCDM) are presently b...

  Selection of appropriate infrastructure transportation projects such as highways, plays an important role in promotion of transportation systems. Usually in evaluation of transportation projects, because of lack of information or due to long time and high expenditures needed for gathering information, different effective factors are ignored. Thus, in this research, regarding multi criteria na...

In recent two decades, countries focused on minimum extraction of fossil fuels and utilized the renewable energies based on countries' policies and the environmental considerations. Thus, choosing the best renewable energy alternative is a significant role to investment on them. Among the classical decision approaches that have used in the literature, the hesitant fuzzy sets (HFSs) theory is ap...

in the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. this leads to the multi-criteria evaluation of a project. the advantage of multi-criteria methods is the ability to take into account all (not only financial) aspects of the attractiveness of an investment project. the selection of criteria of p...

The main purpose of this paper is to present a fuzzy multi-criteria decision making (FMCDM) model for international tourist hotel location selection. In this article we created 21 criteria for selecting the international tourist hotel location acquired from literatures review and practical investigations. And the methods of fuzzy set theory, linguistic value, hierarchical structure analysis, an...

A new hesitant fuzzy set (HFS)-ELECTRE for multi-criteria group decision-making (MCGDM) problems is developed in this paper. In real-world applications, the decision makers (DMs)’ opinions are often hesitant for decision problems; thus, considering the exact data is difficult. To address the issue, the DMs’ judgments can be expressed as linguistic variables that are converted into the HFSs, con...