Optimization Techniques for Decision-making and Information Security

Analysis and Development of Tie-breaking Procedures Using Fuzzy Technique for Order Performance by Similarity to Ideal Solution

Author(s): Iftikhar Husain *

Pp: 132-145 (14)

DOI: 10.2174/9789815196320124030012

* (Excluding Mailing and Handling)

Abstract

This work focuses on tie-breaking procedures that employ the fuzzy technique for order performance by similarity to the ideal solution. A tie situation occurs when two or more competitors receive the same score in a competition. Fuzzy technique for order performance by similarity to ideal solution provides efficient and effective decision making. The fuzzy technique for order performance by similarity to ideal solution assesses accurate and systematic decision-making based on multiple criteria among a finite set of possible alternatives. The proposed tie-breaking approach establishes an ordering relationship and a ranking among a set of alternatives under certain objective and subjective decision criteria. A numerical example is considered to demonstrate the computing process.


Keywords: Tie-breaking procedures; Fuzzy technique; Set of alternatives; Decision criteria.

Related Journals
Related Books
© 2024 Bentham Science Publishers | Privacy Policy