DocumentCode
3306409
Title
A FMCDM model based on two levels criteria to evaluate financial performance of container liners
Author
Yu-Jie Wang ; Chao-Shun Kao
Author_Institution
Dept. of Shipping & Transp. Manage., Nat. Penghu Univ. of Sci. & Technol., Taiwan
Volume
2
fYear
2011
fDate
26-28 July 2011
Firstpage
765
Lastpage
769
Abstract
In this paper, we desired to evaluate financial performance of container liners. Generally, the evaluation of financial performance is taken into four financial categories that respectively have several financial ratios under fuzzy environment. Thus the evaluation is a fuzzy multi-criteria decision-making(FMCDM) problem with two levels criteria. In past, many researches proposed concerning methods under uncertain environment to evaluate FMCDM problems, such as Chen, Liang, Raj & Kumar, Wang & Lee, and Chou. However, they evaluated FMCDM problems with single level criteria, and resolved the tie of multiplying two fuzzy numbers. Then, Chou proposed a utility representation function of multiplying three trapezoidal fuzzy numbers for FMCDM. As similar as Chou´s research, we will apply a utility representation function of multiplying three triangular fuzzy numbers to derive integrated utility representation. By integrated utility representation values representing total performance indices of varied container liners, we can rank container liners and find an optimal alternative.
Keywords
containers; decision making; financial management; fuzzy set theory; operations research; FMCDM model; container liner; financial performance; financial ratio; fuzzy multicriteria decision making; triangular fuzzy number; utility representation function; Computational modeling; Containers; Decision making; Fuzzy sets; Mathematical model; Numerical models;
fLanguage
English
Publisher
ieee
Conference_Titel
Fuzzy Systems and Knowledge Discovery (FSKD), 2011 Eighth International Conference on
Conference_Location
Shanghai
Print_ISBN
978-1-61284-180-9
Type
conf
DOI
10.1109/FSKD.2011.6019638
Filename
6019638
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