Extension of VIKOR method based on interval-valued fuzzy sets

Abstract

Decision making is the process of finding the best option among the feasible alternatives. In classical multiple-criteria decision-making (MCDM) methods, the ratings and the weights of the criteria are known precisely. However, if decision makers cannot reach an agreement on the method of defining linguistic variables based on the fuzzy sets, the interval-valued fuzzy set theory can provide a more accurate modeling. In this paper, the interval-valued fuzzy VIKOR method is presented, aiming at solving MCDM problems in which the weights of criteria are unequal, using interval-valued fuzzy set concepts. For application and verification, this study presents a numerical example and builds a practical maintenance strategy selection problem to verify our proposed method. Moreover, a comparison is made between the interval-valued fuzzy VIKOR and other adapted MCDM interval-valued fuzzy number-based.