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Explanation of terms of Grey models for decision-making

Explanation of terms of Grey models for decision-making GS Editorial 8,4 1. Explanation of terms of Grey models for decision-making 1.1 Grey decision making The decision making is that the action which should be taken is determined by actual situations and intended target. The nature of the decision means “decision-make” or “countermeasure-make”. There are the broad sense and narrow sense to understand the decision. In a broad sense, the decision is a whole process of a series of activities such as identifying problems, collect data, determine the target, scheme, the evaluation and implementation, feedback and correction, etc. In a narrow sense, the decision making refers to the planning option of the decision-making process, customarily referred to as the “clapper”. Others simply understand the decision as the planning option under the uncertainty condition, namely, to make a choice. It largely depends on the personal experience, attitude and determination of decision makers, as to what risks they may take. The grey decision is made in the situation that the decision model has grey elements or the normal decision model and grey model is combined, and the key research is the scheme selection problem (Deng, 1985; Liu and Lin, 2006). 1.2 Grey target for decision According to the preset decision http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Grey Systems: Theory and Application Emerald Publishing

Explanation of terms of Grey models for decision-making

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2043-9377
DOI
10.1108/GS-10-2018-081
Publisher site
See Article on Publisher Site

Abstract

GS Editorial 8,4 1. Explanation of terms of Grey models for decision-making 1.1 Grey decision making The decision making is that the action which should be taken is determined by actual situations and intended target. The nature of the decision means “decision-make” or “countermeasure-make”. There are the broad sense and narrow sense to understand the decision. In a broad sense, the decision is a whole process of a series of activities such as identifying problems, collect data, determine the target, scheme, the evaluation and implementation, feedback and correction, etc. In a narrow sense, the decision making refers to the planning option of the decision-making process, customarily referred to as the “clapper”. Others simply understand the decision as the planning option under the uncertainty condition, namely, to make a choice. It largely depends on the personal experience, attitude and determination of decision makers, as to what risks they may take. The grey decision is made in the situation that the decision model has grey elements or the normal decision model and grey model is combined, and the key research is the scheme selection problem (Deng, 1985; Liu and Lin, 2006). 1.2 Grey target for decision According to the preset decision

Journal

Grey Systems: Theory and ApplicationEmerald Publishing

Published: Oct 8, 2018

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