A Grey Theory Based Multiple Attribute Approach for R&D Project Portfolio SelectionBhattacharyya, Rupak
2015 Fuzzy Information and Engineering
doi: 10.1016/j.fiae.2015.05.006
AbstractIn this paper, the research and development (R&D) project portfolio selection problem is introduced as a multiple attribute decision making problem. Recognizing and modeling the project interdependencies provide valuable cost savings and other greater benefits to organizations. Therefore, besides conventional attributes like cost and outcome, different type of interdependencies are also considered as attributes. Since the decision makers’ preferences on the project alternatives or attributes are uncertain, a grey theory based method is proposed to cope with the uncertainty. correspondingly, the preferences and ratings of the attributes are described by linguistic variables, which are further expressed as grey numbers. Consequently, a ranking order of the projects is done using grey possibility degree and is used to determine the portfolio. To explore, an illustration is done by a case study. The methodology proposed here is shown to be an efficient approach to solve the R&D project portfolio selection problem.
Probabilistic Fuzzy Goal Programming Problems Involving Pareto Distribution: Some Additive ApproachesBarik, S.K.
2015 Fuzzy Information and Engineering
doi: 10.1016/j.fiae.2015.05.007
AbstractIn many real-life decision making problems, probabilistic fuzzy goal programming problems are used where some of the input parameters of the problem are considered as random variables with fuzzy aspiration levels. In the present paper, a linearly constrained probabilistic fuzzy goal programming programming problem is presented where the right hand side parameters in some constraints follows Pareto distribution with known mean and variance. Also the aspiration levels are considered as fuzzy. Further, simple, weighted, and preemptive additive approaches are discussed for probabilistic fuzzy goal programming model. These additive approaches are employed to aggregating the membership values and form crisp equivalent deterministic models. The resulting models are then solved by using standard linear mathematical programming techniques. The developed methodology and solution procedures are illustrated with a numerical example.
Connectivity Analysis of Cyclically Balanced Fuzzy GraphsJicy, N.; Mathew, Sunil
2015 Fuzzy Information and Engineering
doi: 10.1016/j.fiae.2015.05.008
AbstractThe concepts of connectivity and cycle connectivity play an important role in fuzzy graph theory. In this article, cyclic cutvertices, cyclic bridges and cyclically balanced fuzzy graphs are discussed. It is proved that a vertex in a fuzzy graph is a cyclic cutvertex if and only if it is a common vertex of all strong cycles with maximum strength. Also a cyclic cutvertex cannot be a fuzzy endvertex in a fuzzy graph. A characterization of cyclically balanced fuzzy graphs is obtained. Cyclic vertex connectivity and cyclic edge connectivity of fuzzy graphs are also discussed.