scholarly journals Investment Decision of New Energy Vehicle Enterprises Using the Interval Basic Probability Assignment-Based Intuitionistic Fuzzy Set

2021 ◽  
Vol 2021 ◽  
pp. 1-19
Author(s):  
Xin Kang ◽  
Xiangjun Xu ◽  
Fei Yuan

To evaluate the investment decisions of new energy vehicle enterprises scientifically and reasonably and improve the investment efficiency and accuracy of decision-makers, this paper proposes an investment decision method based on interval intuitionistic fuzzy sets. In the investment decision-making process of new energy vehicle enterprises, first, based on the characteristics of new energy vehicle enterprise investment projects, an index system is constructed to comprehensively cover the influencing factors of investment decisions. Second, we obtain the interval fuzzy number of the decision index through a questionnaire survey, use the structural entropy method to empower decision indicators, and comprehensively evaluate the decision index by the organic combination of the interval-valued intuitionistic fuzzy weighted averaging (IIFWA) operator and structural entropy method. Finally, interval BPA is used to express the value of each decision index interval intuitionistic fuzzy number. Based on the conversion relationship between interval evidence and the intuitionistic fuzzy set, the orthogonal sum operation results of the intuitionistic fuzzy set converted from the normalized interval BPA is replaced by the interval evidence combination result, and the final decision is determined by comparing the fusion result. Applying the investment decision method based on interval intuitionistic fuzzy sets to the field of new energy vehicle investment decision-making can provide a reference for investment decision-makers to make efficient and accurate decisions, and it has application value and practical significance to promote the effective development of new energy investment decisions.

Author(s):  
Caichuan Wang ◽  
Jiajun Li

The decision on the investment project is to analyze the feasibility and rationality of the project plan from multiple angles. However, due to the limitations of the actual project investment decision-making, this paper proposes a group decision making method based multifunctional intuitively fuzzy VIKOR interval sets. Firstly, according to the established investment decision-making model, the first round of preliminary candidate project schemes is selected. According to the definition of interval intuitionistic fuzzy sets and the traditional VIKOR method, established the research method of this article, and the project investment decision-making model based on VIKOR interval intuitionistic fuzzy sets is established. Finally, the project schemes are sorted according to the closeness degree of schemes. The results show that when sorting each candidate by Qi value, A4 >  A3 >  A2 >  A1 can be obtained. Because Q4 = 0, Q3 = 0.31, the condition q3-q4 >  0.25 is satisfied. It is concluded that the method can not only meet the needs of actual decision-making, but also has strong operability and practicability. The research results have reference value and guiding significance for project investment decision-making, and can promote the sustainable development of the project.


2021 ◽  
Vol 25 (4) ◽  
pp. 949-972
Author(s):  
Nannan Zhang ◽  
Xixi Yao ◽  
Chao Luo

Fuzzy cognitive maps (FCMs) have widely been applied for knowledge representation and reasoning. However, in real life, reasoning is always accompanied with hesitation, which is deriving from the uncertainty and fuzziness. Especially, when processing the online data, since the internal and external interference, the distribution and characteristics of sequence data would be considerably changed along with the passage of time, which further increase the difficulty of modeling. In this article, based on intuitionistic fuzzy set theory, a new dynamic intuitionistic fuzzy cognitive map (DIFCM) scheme is proposed for online data prediction. Combined with a novel detection algorithm of concept drift, the structure of DIFCM can be adaptively updated with the online learning scheme, which can effectively improve the representation of online information by capturing the real-time changes of sequence data. Moreover, in order to tackle with the possible hesitancy in the process of modeling, intuitionistic fuzzy set is applied in the construction of dynamic FCM, where hesitation degree as a quantitative index explicitly expresses the hesitancy. Finally, a series of experiments using public data sets verify the effectiveness of the proposed method.


2020 ◽  
Vol 5 (1) ◽  
pp. 1-14
Author(s):  
Jeetendra Dangol ◽  
Rashmita Manandhar

This paper aims to assess the impact of heuristics on the investment decision by analysing the effect of four heuristic biases, i.e., representativeness, availability, anchoring and adjustment, and overconfidence bias on rationality of Nepalese investor's investment decision-making and also examines the moderating effect of the internal locus of control in between. The study used 391 respondents based on a convenient sampling procedure, and structured questionnaire survey. The study result indicates that there is a significant relationship between irrationality in investment decision-making and all four heuristic biases. In addition, the study also concludes that locus of control has significant moderating effect in the relationship between investment decisions and three heuristic biases, i.e., availability, representative and anchoring bias. However, the study documents no moderation effect in case of relationship with overconfidence bias.


2021 ◽  
pp. 1-22
Author(s):  
Riaz Ali ◽  
Saleem Abdullah ◽  
Shakoor Muhammad ◽  
Muhammad Naeem ◽  
Ronnason Chinram

Due to the indeterminacy and uncertainty of the decision-makers (DM) in the complex decision making problems of daily life, evaluation and aggregation of the information usually becomes a complicated task. In literature many theories and fuzzy sets (FS) are presented for the evaluation of these decision tasks, but most of these theories and fuzzy sets have failed to explain the uncertainty and vagueness in the decision making issues. Therefore, we use complex intuitionistic fuzzy set (CIFS) instead of fuzzy set and intuitionistic fuzzy set (IFS). A new type of aggregation operation is also developed by the use of complex intuitionistic fuzzy numbers (CIFNs), their accuracy and the score functions are also discussed in detail. Moreover, we utilized the Maclaurin symmetric mean (MSM) operator, which have the ability to capture the relationship among multi-input arguments, as a result, CIF Maclarurin symmetric mean (CIFMSM) operator and CIF dual Maclaurin symmetric mean (CIFDMSM) operator are presented and their characteristics are discussed in detail. On the basis of these operators, a MAGDM method is presented for the solution of group decision making problems. Finally, the validation of the propounded approach is proved by evaluating a numerical example, and by the comparison with the previously researched results.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mustafa Said Yurtyapan ◽  
Erdal Aydemir

PurposeEnterprise Resource Planning (ERP) software which is a knowledge-based design on the interconnective communication of business units and information share, ensures that business processes such as finance, production, purchasing, sales, logistics and human resources, are integrated and gathered under one roof. This integrated system allows the company to make fast and accurate decisions and increases its competitiveness. Therefore, for an enterprise, choosing the suitable ERP software is extremely important. The aim of this study is to present new research on the ERP software selection process by clarifying the uncertainties and find suitable software in a computational way.Design/methodology/approachERP selection problem design includes uncertainties on the expert opinions and the criteria values using intuitionistic fuzzy set theory and interval grey-numbers to MACBETH multi criteria decision making method. In this paper, a new interval grey MACBETH method approach is proposed, and the degree of greyness approach is used for clarifying the uncertainties. Using this new approach in which grey numbers are used, it is aimed to observe the changes in the importance of the alternatives. Moreover, the intuitionistic fuzzy set method is applied by considering the importance of expert opinions separately.FindingsThe proposed method is based on quantitative decision making derived from qualitative judgments. The results given under uncertain conditions are compared with the results obtained under crisp conditions of the same methods. With the qualitative levels of experts reflected in the decision process, it is clearly seen that ERP software selection problem area has more effective alternative decision solutions to the uncertain environment, and decision makers should not undervalue the unsteadiness of criteria during ERP software selection process.Originality/valueThis study contributes to the relevant literature by (1) utilizing the MACBETH method in the selection of the ERP software by optimization, and (2) validating the importance of expert opinions with uncertainties on a proper ERP software selection procedure. So, the findings of this study can help the decision-makers to evaluate the ERP selection in uncertain conditions.


Author(s):  
J. Siva Ranjini ◽  
V. Mahalakshmi

The theory of Intuitionistic fuzzy set is the extension of the fuzzy set that deals with truth and false membership data. We will discuss along with some fundamentals and their algebraic Properties. The results obtained are entirely more beneficial to the researchers. We also expand the Complement of the Set and Homomorphism. The motivation of the present manuscript is to extend the concept of Intuitionistic fuzzy X-subalgebra in near-subtraction semigroups.


2021 ◽  
Vol 10 (3) ◽  
pp. 1-17
Author(s):  
Debabrata Mandal

The classical set theory was extended by the theory of fuzzy set and its several generalizations, for example, intuitionistic fuzzy set, interval valued fuzzy set, cubic set, hesitant fuzzy set, soft set, neutrosophic set, etc. In this paper, the author has combined the concepts of intuitionistic fuzzy set and hesitant fuzzy set to study the ideal theory of semirings. After the introduction and the priliminary of the paper, in Section 3, the author has defined hesitant intuitionistic fuzzy ideals and studied several properities of it using the basic operations intersection, homomorphism and cartesian product. In Section 4, the author has also defined hesitant intuitionistic fuzzy bi-ideals and hesitant intuitionistic fuzzy quasi-ideals of a semiring and used these to find some characterizations of regular semiring. In that section, the author also has discussed some inter-relations between hesitant intuitionistic fuzzy ideals, hesitant intuitionistic fuzzy bi-ideals and hesitant intuitionistic fuzzy quasi-ideals, and obtained some of their related properties.


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