Grey Target Decision Method for a Variable Target Centre Based on the Decision Maker’s Preferences

Jinshan Ma

Journal of Applied Mathematics, 2014, vol. 2014, issue 1

Abstract: In multiattribute grey target decision making, the decision maker (DM) may have certain preferences for some attributes. The impacts of two types of DM’s preferences for some attribute values on alternatives were studied. To deal with the attribute preferences of a DM, a generalised grey target decision method was presented. The proposed method required that the index values of all alternatives were not normalised. The target centre index values can be obtained by substituting DM’s preference values for some of the original target centre index values as determined by the alternatives themselves. Following this, the proposed generalised method was used to calculate the target centre distances. A case study showed that this method of handling DM’s preferences for some attributes was effective.

Date: 2014
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https://doi.org/10.1155/2014/572529

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Persistent link: https://EconPapers.repec.org/RePEc:wly:jnljam:v:2014:y:2014:i:1:n:572529

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