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 ...

Globalization of business and competitiveness in manufacturing has forced companies to improve their manufacturing facilities to respond to market requirements. Machine tool evaluation involves an essential decision using imprecise and vague information, and plays a major role to improve the productivity and flexibility in manufacturing. The aim of this study is to present an integrated approac...

Milk Campaign has played a key role in national strategy of prosperous and vigorous economy in one country, consequently, milk security will have a direct impact on sound mind and body of the nation. By means of accelerating the fuzzy AHP screening index of genetic algorithm and constructing evaluation index system of liquid milk packaging security, the study puts forward the information entrop...

Land suitability analysis is employed to evaluate the appropriateness of land for a particular purpose whilst integrating both qualitative and quantitative inputs, which can be continuous in nature. However, in agricultural modelling there is often a disregard of this contiguous aspect. Therefore, some parametric procedures for suitability analysis compartmentalise units into defined membership...

This paper describes an application model that couples Analytical Hierarchy Process(AHP) and fuzzy comprehensive evaluation method , which named Fuzzy-AHP(FAHP). AHP has its own superiority in computing index weight and comparing index in the same row than at classifying level. While fuzzy comprehensive evaluation method is good at classifying level. Taking into account their respective advanta...

Analytic hierarchy process (AHP) is a utility theory based decision-making technique, which works on a premise that the decision-making of complex problems can be handled by structuring them into simple and comprehensible hierarchical structures. However, AHP involves human subjective evaluation, which introduces vagueness that necessitates the use of decision-making under uncertainty. The vagu...

-This study presents an evaluation model for purchasing life insurance and annuity insurance using analytical hierarchy process (AHP) and fuzzy logic. Four factors are considered as the inputs of the proposed model including age, annual income, educational level and risk preference. To build the model, we interviewed five experts with at least three years of working experience in an insurance c...

Analytic Hierarchy Process (AHP) is major method for decision making now and decision maker’s answers are strongly related to his or her cognitive abilities. Inner dependence AHP is used for cases in which criteria or alternatives are not independent enough. In the process, calculations and compositions of weights are very important steps. Using the original AHP or inner dependence AHP may caus...