Linear programming optimization model for some extensions of fuzzy sets.
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Date
2021-02-25
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UMT Lahore
Abstract
The linear programming (LP) technique plays a central role in optimization that provides an effective instrument in various applications. The consideration of LP technique has been fascinating in optimization for many decades due to the following foremost reasons:
• Various real-life problems can be understood in LP,
• LP technique can be applied to large-scale computations,
• Depending upon its nature, the LP technique is easy to compute.
Multiple criteria decision-making (MCDM) is a tool used by decision-makers (DMs) to choose the superior option from the multiple discordant criteria. In the MCDM process, the weights of the criteria have a lot of influence to choose the most ideal option from the indistinguishable options. Based on the expertise, sometimes, the experts or DMs feel hesitation and incommode to assign the weights to each criterion. Generally, the experts allocate weights to the criteria by their own skills that lead to a biasedness in the analysis of the underlying MCDM which is obvious as they use the specific procedures that make it hard to deal with the big data. The importance of the procedure is thus compromised as it increases the probability of the error and eventually the final outcome (decision) is not trustworthy. The fundamental aim of the contemporary study is address the shortcomings in assigning weights due to hesitation and favoritism.