Multi-criteria capital budgeting using FLIP

Kahraman C., ULUKAN H. Z.

3rd International Conference on Computational Intelligence and Multimedia Applications, ICCIMA 1999, New Delhi, Hindistan, 23 - 26 Eylül 1999, ss.426-431 identifier

  • Yayın Türü: Bildiri / Tam Metin Bildiri
  • Cilt numarası:
  • Doi Numarası: 10.1109/iccima.1999.798568
  • Basıldığı Şehir: New Delhi
  • Basıldığı Ülke: Hindistan
  • Sayfa Sayıları: ss.426-431


© 1999 IEEE.By using fuzzy linear programming (FLIP), tolerance intervals are used for calculating the availability of capital at each point in time. The main advantage, compared to the non-fuzzy problem formulation, is the fact that the decision maker is not forced into a precise formulation for mathematical reasons. Linear membership functions which monotonically increase or decrease in the tolerance interval are used because they can be handled quite easily. A numeric example is given.