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1 – 10 of 43The purpose of this paper is to present some dynamic hesitant fuzzy aggregation operators to tackle with the multi-period decision-making problems where all decision information…
Abstract
Purpose
The purpose of this paper is to present some dynamic hesitant fuzzy aggregation operators to tackle with the multi-period decision-making problems where all decision information is provided by decision makers in hesitant fuzzy information from different periods.
Design/methodology/approach
First, the notions and operational laws of the hesitant fuzzy variable are defined. Then, some dynamic hesitant fuzzy aggregation operators involve the dynamic hesitant fuzzy weighted averaging (DHFWA) operator, the dynamic hesitant fuzzy weighted geometric (DHFWG) operator, and their generalized versions are presented. Some desirable properties of these proposed operators are established. Furthermore, two linguistic quantifier-based methods are introduced to determine the weights of periods. Next, the paper extends the results to the interval-valued hesitant fuzzy situation. Furthermore, the authors develop an approach to solve the multi-period multiple criteria decision making (MPMCDM) problems. Finally, an illustrative example is given.
Findings
The presented hesitant fuzzy aggregation operators are very suitable for aggregating the hesitant fuzzy information collected at different periods. The developed approach can solve the MPMCDM problems where all decision information takes the form of hesitant fuzzy information collected at different periods.
Practical implications
The presented hesitant fuzzy aggregation operators and decision-making approach can widely apply to dynamic decision analysis, multi-stage decision analysis in real life.
Originality/value
The paper presents the useful way to aggregate the hesitant fuzzy information collected at different periods in MPMCDM situations.
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Focuses on the applications of fuzzy set theory as a tool for the construction of multi‐criteria decision functions from specifications expressed in natural language. Starting…
Abstract
Focuses on the applications of fuzzy set theory as a tool for the construction of multi‐criteria decision functions from specifications expressed in natural language. Starting with the ability to represent individual criteria satisfactions in terms of membership of fuzzy subsets, shows how different types of linguistic specifications are implemented. Consideration is given to the representation of trade‐offs between criteria, quantifier‐guided aggregations, conditioned criteria and possibilistically qualified criteria.
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Gülçin Büyüközkan and Öykü Ilıcak
SWOT (strengths, weaknesses, opportunities, threats) analysis is a powerful approach for evaluating the strengths and weaknesses of an organization with an internal perspective…
Abstract
Purpose
SWOT (strengths, weaknesses, opportunities, threats) analysis is a powerful approach for evaluating the strengths and weaknesses of an organization with an internal perspective. The approach also takes into account the opportunities and the threats from an external point of view. These features make SWOT a commonly used approach in strategic management. The purpose of this paper is to propose an integrated SWOT analysis with multiple preference relations technique, to show the application of the proposed methodology, to prioritize the strategic factors and to present alternative strategies for ABC, a case company, which is targeting to use social media more effectively.
Design/methodology/approach
In this study, expert opinions are used to identify SWOT factors of ABC on social media. The obtained findings are evaluated and each factor is prioritized by means of the multiple preference relations technique.
Findings
The proposed evaluation model has four main groups, namely, strengths, weaknesses, opportunities, threats, under which 17 factors are identified. As a result of the evaluations, “O2: Opportunity to contact a large number of users simultaneously at affordable cost” has the highest importance level among other factors. Alternative strategies are developed based on the obtained results.
Originality/value
Decision-makers who have different backgrounds or ideas can state their preferences in different formats. Multiple preference relations technique is used to combine different assessments. SWOT analysis with multiple preference relations technique with a group decision-making perspective is proposed. This is the first time the method is used in the social media-related literature. With this study, the most appropriate social media strategic factors are selected for ABC and alternative strategies are determined based on the results.
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Neuromarketing, which is an interdisciplinary area, concentrates on evaluating consumers’ cognitive and emotional reactions to different marketing stimuli. In spite of advantages…
Abstract
Purpose
Neuromarketing, which is an interdisciplinary area, concentrates on evaluating consumers’ cognitive and emotional reactions to different marketing stimuli. In spite of advantages, neuromarketing still requires development and lacks a strong theoretical framework. Techniques that are used in neuromarketing studies have different superiorities and limitations, and thus, there is a need for the evaluation of the relevance of these techniques. The purpose of this study is to introduce a novel integrated approach for the neuromarketing research area.
Design/methodology/approach
The proposed approach combines 2-tuple linguistic representation model and data envelopment analysis to obtain the most efficient neuromarketing technique. It is apt to handle information provided by using both linguistic and numerical scales with multiple information sources. Furthermore, it allows managers to deal with heterogeneous information, without loss of information.
Findings
The proposed approach indicates that functional magnetic resonance imaging (fMRI) is the best performing neuromarketing technology. Recently, fMRI has been widely used in neuromarketing research. In spite of its high cost, its main superiorities are improved spatial and temporal resolutions. On the other hand, transcranial magnetic stimulation (TMS) and positron emission tomography (PET) are ranked at the bottom because of their poor resolutions and lower willingness of participants.
Originality/value
This paper proposes a common weight data envelopment analysis (DEA)-based decision model to cope with heterogeneous information collected by the experts to determine the best performing neuromarketing technology. The decision procedure enables the decision-makers to handle the problems of loss of information and multi-granularity by using the fusion of 2-tuple linguistic representation model and fuzzy information. Moreover, a DEA-based common weight model does not require subjective experts’ opinions to weight the evaluation criteria.
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We first investigate the properties associated with the cardinality of a fuzzy subset. We then use the concept of cardinality to provide a means for representing quantified…
Abstract
We first investigate the properties associated with the cardinality of a fuzzy subset. We then use the concept of cardinality to provide a means for representing quantified statements. We then investigate the use of linguistic quantified statements for inference.
Yujia Liu, Changyong Liang, Jian Wu, Hemant Jain and Dongxiao Gu
Complex cost structures and multiple conflicting objectives make selecting an appropriate cloud service difficult. The purpose of this study is to propose a novel group consensus…
Abstract
Purpose
Complex cost structures and multiple conflicting objectives make selecting an appropriate cloud service difficult. The purpose of this study is to propose a novel group consensus decision making method for cloud services selection with knowledge deficit by trust functions.
Design/methodology/approach
This article proposes a knowledge deficit-based multi-criteria group decision-making (MCGDM) method for cloud-service selection based on trust functions. Firstly, the concept of trust functions and a ranking method is developed to express the decision-making opinions. Secondly, a novel 3D normalized trust degree (NTD) is defined to measure the consensus levels. Thirdly, a knowledge deficit-based interactive consensus model is proposed for the inconsistent experts to modify their decision opinions. Finally, a real case study has been carried out to illustrate the framework and compare it with other methods.
Findings
The proposed method is practical and effective which is verified by the real case study. Knowledge deficit is an important concept in cloud service selection which is verified by the comparison of the proposed recommended mechanism based on KDD with the conventional recommended mechanism based on average value. A 3D NTD which considers three values (trust, not trust and knowledge deficit) is defined to measure the consensus levels. A knowledge deficit-based interactive consensus model is proposed to help decision-makers reach group consensus. The proposed group consensus model enables the inconsistent decision-makers to accept the revised opinions of those with less knowledge deficit, rather than accepting the recommended opinions averagely.
Originality/value
The proposed a knowledge deficit-based MCGDM cloud service selection method considers group consensus in cloud service selection. The concept of knowledge deficit is considered in modeling the group consensus measuring and reaching method.
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Kazi Arif-Uz-Zaman and A.M.M. Nazmul Ahsan
– The purpose of this paper is to present supply chain metrics and to propose a fuzzy-based performance evaluation method for lean supply chain.
Abstract
Purpose
The purpose of this paper is to present supply chain metrics and to propose a fuzzy-based performance evaluation method for lean supply chain.
Design/methodology/approach
To understand the overall performance of cost competitive supply chain the paper investigates the alignment of market strategy and position of the supply chain. Since lean is applicable in many supply chains, the authors propose a set of metrics to evaluate supply chain performance. Moreover, the paper uses a fuzzy model to evaluate the performance of cost competitive supply chains. Fuzzy is an appropriate model method when uncertainty is present. It also allows modelling of a significant number of performance metrics across multiple supply chain elements and processes. Competitive strategy can be achieved by using a different weight calculation for different supply chain situations.
Findings
Research provides optimal metrics for lean supply chains. The proposed method can measure the performance of lean supply chains using a fuzzy approach and competitive strategies.
Research limitations/implications
The metrics which have been selected to measure the performance of lean supply chains is particularly applicable for high volume, low-price products.
Practical implications
By identifying optimal performance metrics and applying performance evaluation methods, managers can predict the overall supply chain performance under lean strategy. By identifying performance for each metric they can also categorize the existing performance and optimise them accordingly.
Originality/value
This study provides a performance evaluation method for supply chain managers to assess the effects of lean tools and competitive strategies.
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The purpose of this paper is to propose an innovative algorithm for ranking suppliers in the presence of volume discount offers, with regard to various criteria, based on…
Abstract
Purpose
The purpose of this paper is to propose an innovative algorithm for ranking suppliers in the presence of volume discount offers, with regard to various criteria, based on super‐efficiency analysis.
Design/methodology/approach
This paper introduces an innovative approach, which is based on super‐efficiency analysis (one of the data envelopment analysis models).
Findings
To rank the suppliers in the conditions that they offer volume discounts, an algorithm was introduced.
Practical implications
The results of this paper can be applied from both a buyer's and supplier's perspective. The buyer can use it as a tool in ranking the suppliers. The supplier can use these results from a marketing perspective. A specific supplier who achieves a high mean score, when compared to the other suppliers, can use these results for promoting its product. On the other hand, if a particular supplier is poorly performing, then the supplier can use the analysis for benchmarking purposes. This result may mean that the supplier must provide better performance levels at the same input.
Originality/value
To the best of the author's knowledge, there is no comprehensive and feasible model that deals with supplier ranking by super‐efficiency analysis in the presence of volume discount offers.
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Dongyun Nie, Paolo Cappellari and Mark Roantree
The purpose of this paper is to develop a method to classify customers according to their value to an organization. This process is complicated by the disconnected nature of a…
Abstract
Purpose
The purpose of this paper is to develop a method to classify customers according to their value to an organization. This process is complicated by the disconnected nature of a customer record in an industry such as insurance. With large numbers of customers, it is of significant benefit to managers and company analysts to create a broad classification for all customers.
Design/methodology/approach
The initial step is to construct a full customer history and extract a feature set suited to customer lifetime value calculations. This feature set must then be validated to determine its ability to classify customers in broad terms.
Findings
The method successfully classifies customer data sets with an accuracy of 90%. This study also discovered that by examining the average value for key variables in each customer segment, an algorithm can label the group of clusters with an accuracy of 99.3%.
Research limitations/implications
Working with a real-world data set, it is always the case that some features are unavailable as they were never recorded. This can impair the algorithm’s ability to make good classifications in all cases.
Originality/value
This study believes that this research makes a novel contribution as it automates the classification of customers but in addition, the approach provides a high-level classification result (recall and precision identify the best cluster configuration) and detailed insights into how each customer is classified by two validation metrics. This supports managers in terms of market spend on new and existing customers.
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Kirti Nayal, Rakesh Raut, Pragati Priyadarshinee, Balkrishna Eknath Narkhede, Yigit Kazancoglu and Vaibhav Narwane
In India, artificial intelligence (AI) application in supply chain management (SCM) is still in a stage of infancy. Therefore, this article aims to study the factors affecting…
Abstract
Purpose
In India, artificial intelligence (AI) application in supply chain management (SCM) is still in a stage of infancy. Therefore, this article aims to study the factors affecting artificial intelligence adoption and validate AI’s influence on supply chain risk mitigation (SCRM).
Design/methodology/approach
This study explores the effect of factors based on the technology, organization and environment (TOE) framework and three other factors, including supply chain integration (SCI), information sharing (IS) and process factors (PF) on AI adoption. Data for the survey were collected from 297 respondents from Indian agro-industries, and structural equation modeling (SEM) was used for testing the proposed hypotheses.
Findings
This study’s findings show that process factors, information sharing, and supply chain integration (SCI) play an essential role in influencing AI adoption, and AI positively influences SCRM. The technological, organizational and environmental factors have a nonsignificant negative relation with artificial intelligence.
Originality/value
This study provides an insight to researchers, academicians, policymakers, innovative project handlers, technology service providers, and managers to better understand the role of AI adoption and the importance of AI in mitigating supply chain risks caused by disruptions like the COVID-19 pandemic.
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