RDM Based Approach To Solving Decision Making Problem Under Uncertain Environment

Latafat Abbas Gardashova

doi:10.21276/ijircst.2017.5.2.7

Abstract

The combination of fuzzy logic tools and multi criteria decision making has a great relevance in the literature. Real life decision making problem under uncertainty is usually associated with information that may be incomplete or imprecise. The information on which decisions are based is uncertainty . Decision making theory is based on several type of uncertainty and tools. Computing with word (CwW) is very effective tool for decision making. Professor Zadeh the creator of CwW idea , formulated many challenge problems. Zadeh’s flight delay problem using relative-distance-measure is discussed in [1].In this paper RDM is applied to solve real life decision making problem. A numerical example is used to illustrate the procedure of the presented approach

Keywords

alternatives, decision making, portfolio selection, relative distance measure

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Cites this article as

[Latafat Abbas Gardashova (2017), RDM Based Approach To Solving Decision Making Problem Under Uncertain Environment, International Journal of Innovative Research in Computer Science and Technology (IJIRCST), Vol-5, Issue-2, Page No-247-252], (ISSN 2347 - 5552). www.ijircst.org

Corresponding Author

Latafat Abbas Gardashova

Computer engineering Department , Azerbaijan state Oil and industry university, Baku City ,Azerbaijan, +(994)505840901., (e-mail: latsham@yandex.ru).

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