• DocumentCode
    2911367
  • Title

    Minimum deviation method based preference information on alternatives for grey incidence decision-making

  • Author

    Chen, Xiao-xin ; Liu, Si-Feng

  • Author_Institution
    Jiangxi Univ. of Finance & Econ., Nanchang
  • fYear
    2007
  • fDate
    18-20 Nov. 2007
  • Firstpage
    204
  • Lastpage
    209
  • Abstract
    The grey multiple attribute decision-making problem with preference information on alternatives is discussed in this paper, in which the attribute values are interval grey numbers and the attribute weights unknown, and the algorithms for this grey decision-making is presented. According to essentials of interval grey number, definition of deviation degree between two interval grey numbers is given, and an incidence degree coefficient formula and relative incidence degree coefficient formula based on deviation degree for interval grey numbers are constructed by using analytical technique. For the attribute weights unknown, this paper introduces the optical model of minimum deviation method based on deviation between objective preference and subjective for making the attribute weights. The method can sufficiently utilize objective information , and meet decision-maker´s subjective requirement, and can be easily performed on computer. An example shows the rationality of grey incidence decision-making and the validity of the algorithms mentioned above.
  • Keywords
    decision making; decision theory; grey systems; number theory; operations research; grey incidence decision-making; grey multiple attribute decision-making problem; incidence degree coefficient formula; interval grey number; minimum deviation method; Application software; Decision making; Educational institutions; Finance; Financial management; Helium; Information technology; Intelligent systems; Investments; Technology management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Grey Systems and Intelligent Services, 2007. GSIS 2007. IEEE International Conference on
  • Conference_Location
    Nanjing
  • Print_ISBN
    978-1-4244-1294-5
  • Electronic_ISBN
    978-1-4244-1294-5
  • Type

    conf

  • DOI
    10.1109/GSIS.2007.4443266
  • Filename
    4443266