Proceedings of the 2014 International Conference on Mechatronics, Electronic, Industrial and Control Engineering

Two-tuple Linguistic Multi-attribute Decision-making based on Grey Target Theory

Authors
Bo Sui, Lijuan Yan, Yufang Yang, Jianwei Gao
Corresponding Author
Bo Sui
Available Online November 2014.
DOI
https://doi.org/10.2991/meic-14.2014.154How to use a DOI?
Keywords
grey target theory; two-tuple linguistic;multi-attribute decision- making;attribute weights;bull’s-eye related coefficient
Abstract

Nowadays, selection of an optimal investment program has become a challenging task for the decision makers in the Electric Power Company. Investment program selection for a company can be viewed as a complicated multi-criteria decision making (MCDM) problem which requires consideration of selection attributes. Moreover, decision makers tend to use multi-granularity linguistic term sets for expressing their assessments because of their different backgrounds and preferences, some of which may be uncertain and incomplete. Therefore, this paper studies the multi-attirbute decision-making problem under two-tuple linguistic environment and proposes a new approach based on grey target theory. A new two-tuple linguistic bull’s-eye is defined and the two-tuple linguistic bull’s-eye related coefficient is derived consequently. Then, a new optimization model is provided by applying maximize deviation principle to determine the attributes weights. The order of alternatives is listed by comparing the two-tuple linguistic bull’s-eye relative related degree. Finally, an example of power communication resources investment illustrates the applicability of the proposed method.

Copyright
© 2014, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2014 International Conference on Mechatronics, Electronic, Industrial and Control Engineering
Series
Advances in Engineering Research
Publication Date
November 2014
ISBN
10.2991/meic-14.2014.154
ISSN
2352-5401
DOI
https://doi.org/10.2991/meic-14.2014.154How to use a DOI?
Copyright
© 2014, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Bo Sui
AU  - Lijuan Yan
AU  - Yufang Yang
AU  - Jianwei Gao
PY  - 2014/11
DA  - 2014/11
TI  - Two-tuple Linguistic Multi-attribute Decision-making based on Grey Target Theory
BT  - Proceedings of the 2014 International Conference on Mechatronics, Electronic, Industrial and Control Engineering
PB  - Atlantis Press
SP  - 688
EP  - 692
SN  - 2352-5401
UR  - https://doi.org/10.2991/meic-14.2014.154
DO  - https://doi.org/10.2991/meic-14.2014.154
ID  - Sui2014/11
ER  -