Purpose: The aim of this study is applying a new method for Industrial robotic system selection. Design/methodology/approach: In this paper, the weights of each criterion are calculated using fuzzy Shannon’s Entropy. After that, fuzzy TOPSIS is utilized to rank the alternatives. After that we compare the result of Fuzzy TOPSIS with Fuzzy VIKOR method. Then we select the best Industrial Robotic ...

Performance measurement in the health-care sector is a challenging task due to the wide variety in performance metrics and their interpretation. It is essential to develop a robust methodology to evaluate health-care performance since substantial and increasing amount of public resources are dedicated to health-care. With this goal in mind, this paper proposes a fuzzy decision making framework ...

In recent years, because of the high potential for insurability in Turkey and the rapid improvement of insurance sector, foreign investors are interested in Turkish insurance market. Since insurability rate has reached saturation point in their countries, foreign investors tended to make investments in Turkey and start to purchase local insurance companies in Turkey. In this paper we analyze fi...

This paper presents a group multi-criteria DEMATEL and VIKOR decision analysis method with interval type-2 fuzzy sets. In order to compare normal fuzzy trapezoidal numbers, we convert them into crisp values using graded mean integration representation. By a case study for selection of business intelligence platform, we prove that the proposed combination is a feasible solution that can work wit...

Multiple attributes group decision making (MAGDM) is regarded as the process of determining the best feasible solution by a group of experts or decision makers according to the attributes that represent different effects. In assessing the performance of each alternative with respect to each attribute and the relative importance of the selected attributes, quantitative/qualitative evaluations ar...

In today’s competitive global markets, selection of a potential supplier plays an important role to cut production costs as well as material costs of the company. This leads to successful survival and sustainability in a competitive marketplace. Therefore, evaluation and selection of an appropriate supplier has become an important part of supply chain management. The nature of the supplier sele...

Decision makers (DMs) face different levels of uncertainty throughout the decision making process. In particular, natural language is generally subjective or ambiguous when used to express perceptions and judgments. The aim of this paper is to extend the VIKOR method and develop a methodology for solving multi-criteria decision making (MCDM) problems with stochastic data. The weights of the sto...

Article history: Received 25 October 2011 Received in revised form November, 2, 2011 Accepted December, 1 2011 Available online 4 December 2011 The complexity of large-scale projects has led to numerous risks in their life cycle. This paper presents a new risk evaluation approach in order to rank the high risks in large-scale projects and improve the performance of these projects. It is based o...

Many firms implemented various initiatives such as outsourced manufacturing which could make a supply chain (SC) more vulnerable to various types of disruptions. So managing risk has become a critical component of SC management. Different types of SC vulnerability management methodologies have been proposed for managing SC risk, most offer only point-based solutions that deal with a limited set...

The sustainable supplier selection process requires consideration of multi-criteria evaluations. In recent years, to prevent the hesitation of different linguistic expressions by the decision makers, and to help the selection of the best one as the solution of different alternatives, researchers have been using several methods such as hesitant fuzzy linguistic term sets (HFLTS), hesitant fuzzy ...