A New Approach for Choosing the Most Appropriate Fuzzy Ranking Algorithm for Solving MADM Problems
There are many fuzzy ranking algorithms available to solve multi-attribute decision making (MADM) problems. Some are more suitable than others for particular decision problems. This paper proposes a new method for choosing the most appropriate fuzzy ranking algorithm for solving MADM problems based on the type and number of attributes and the number of alternatives, considering the least time consumption and the least computation for ranking alternatives. In addition, we develop a software to simulate three main fuzzy ranking algorithms: SAW, Negi, and Chen and Hwang (Chen and Hwang 1992). This software can be used in any MADM decision support system.
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