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PurposeThe paper aims to propose the grey target decision method based on three-parameter interval grey number for dealing with multi-attribute decision-making problems under uncertain environment.Design/methodology/approachFirstly, the kernel and ranking method of three-parameter interval grey number are defined, which is the basis of determining the positive and negative bull’s-eye. Next, a new distance measure of three-parameter interval grey number is defined in view of the importance of the "center of gravity" point. Furthermore, a new comprehensive bull’s-eye distance is proposed based on the kernel which integrates the distance between different attributes to the positive and negative bull’s-eye. Then attribute weights are obtained by comprehensive bull’s-eye distance minimum and grey entropy maximization.FindingsThe paper provides a grey target decision method based on three-parameter interval grey number for dealing with multi-attribute decision-making problems under uncertain environment, and example analysis shows that the method proposed in this paper is more reasonable and effective.Research limitations/implicationsIf we have a better understanding of the distribution characteristics of three-parameter interval grey number, it is possible to have a more reasonable measure of the distance of three-parameter interval grey number.Practical implicationsThe paper provides a grey target decision method, which can help decision maker deal with multi-attribute decision-making problems under uncertain environment.Originality/valueThis paper proposed the kernel and ranking method of three-parameter interval grey number, and defined a new distance measure of three-parameter interval grey number and proposed a new comprehensive bull’s-eye distance, Furthermore, this paper structured a grey target decision method based on three-parameter interval grey number.
Grey Systems Theory and Application – Emerald Publishing
Published: Aug 1, 2016
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