Economic growth in developing countries has resulted in increasing demand for infrastructure projects like power plants. To meet these development needs, the government of Iran has engaged companies to carry out power plant projects. While many papers have been written on the subject of project risk management, little information exists on the actual use of risk management in practice. The prim...

Financial problems have been the subject of much research. A widely used approach in recent work on these problems is the use of fuzzy set theory, where fuzzy terms are used to model the uncertain environments. The purpose of this work is to combine the fuzzy analytic hierarchy process (AHP) with the portfolio selection problem. More specifically, the decision-making problem is to decide which ...

supplier evaluation and selection is complex which caused by the dynamic and fuzzy environment. current mcdm methods do not consider the nature of the environment that can affect the process of evaluation and ranking. the aim of this study is to propose a dynamic fuzzy hybrid mcdm method for evaluation, ranking and selection. the proposed method employs fuzzy analytic hierarchy process (fahp) f...

Use of new techniques to evaluate irrigation areas can enhance water use efficiency in agriculture. In this study, the fuzzy analytic hierarchy Process (FAHP) was used to qualitative land suitability for sprinkler irrigation and was compared with the parametric method. Evaluation based on parametric method showed that an area of about 1597.83 hectares (31%) of the lands was highly suitable (S1)...

This paper develops a quality estimation method with the application of fuzzy hierarchical clustering. Quality estimation is essential to quality control and quality improvement as a precise estimation can promote a right decision-making in order to help better quality control. Normally the quality of finished products in manufacturing system can be differentiated by quality standards. In the r...

Article history: Received 15 November 2012 Received in revised form 3 January 2014 Accepted 1 February 2014 Available online 10 February 2014