A Hybrid MCDM Approach Based on Fuzzy MEREC-G and Fuzzy RATMI

Anas A. Makki () and Reda M. S. Abdulaal
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Anas A. Makki: Department of Industrial Engineering, Faculty of Engineering—Rabigh, King Abdulaziz University, Jeddah 21589, Saudi Arabia
Reda M. S. Abdulaal: Department of Industrial Engineering, College of Applied Sciences, AlMaarefa University, Ad Diriyah 13713, Saudi Arabia

Mathematics, 2023, vol. 11, issue 17, 1-19

Abstract: Multi-criteria decision-making (MCDM) assists in making judgments on complex problems by evaluating several alternatives based on conflicting criteria. Several MCDM methods have been introduced. However, real-world problems often involve uncertain and ambiguous decision-maker inputs. Therefore, fuzzy MCDM methods have emerged to handle this problem using fuzzy logic. Most recently, the method based on the removal effects of criteria using the geometric mean (MEREC-G) and ranking the alternatives based on the trace to median index (RATMI) were introduced. However, to date, there is no fuzzy extension of the two novel methods. This study introduces a new hybrid fuzzy MCDM approach combining fuzzy MEREC-G and fuzzy RATMI. The fuzzy MEREC-G can accept linguistic input terms from multiple decision-makers and generates consistent fuzzy weights. The fuzzy RATMI can rank alternatives according to their fuzzy performance scores on each criterion. The study provides the algorithms of both fuzzy MEREC-G and fuzzy RATMI and demonstrates their application in adopted real-world problems. Correlation and scenario analyses were performed to check the new approach’s validity and sensitivity. The new approach demonstrates high accuracy and consistency and is sufficiently sensitive to changes in the criteria weights, yet not too sensitive to produce inconsistent rankings.

Keywords: fuzzy MEREC-G; fuzzy RATMI; fuzzy logic; hybrid; MCDM (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2023
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