Decision-making problems (location selection) often involve a complex decision-making process in which multiple requirements and uncertain conditions have to be taken into consideration simultaneously. In evaluating the suitability of alternatives, quantitative/qualitative assessments are often required to deal with uncertainty, subjectiveness and imprecise data, which are best represented with...

Many financial decisions involve a need to satisfy multiple criteria (goals). This situation becomes particularly apparent in problems of investment allocation where we are faced with the problem of selecting from a collection of alternative investment packages one that meets our subjective goals such as growth, security and a reasonable return on investment. Another closely related problem, on...

This paper presents a fuzzy multicriteria group decision making approach for selecting information systems projects. The inherent subjectiveness and imprecision of the selection process is modeled by using linguistic terms characterized by triangular fuzzy numbers. To avoid the complex and unreliable process of comparing fuzzy numbers usually required in fuzzy multicriteria analysis, a new algo...