Enhanced Performance Evaluation Through Neutrosophic Data Envelopment Analysis Leveraging Pentagonal Neutrosophic Numbers
Journal Title: Journal of Operational and Strategic Analytics - Year 2023, Vol 1, Issue 2
Abstract
Neutrosophic sets, expanded from the constructs of fuzzy and intuitionistic fuzzy sets, can accommodate degrees of truth, indeterminacy, and falsity for each element. This attribute equips them with an aptitude for a more refined interpretation of ambiguous or uncertain data. This study presents an innovative application of Neutrosophic Data Envelopment Analysis (Neu-DEA), incorporating pentagonal neutrosophic numbers in both input and output data. This novel methodology involves the transformation of traditional DEA models into a Pentagonal neutrosophic DEA model, subsequently converting it into a Crisp Linear Programming (CrLP) model. A unique ranking function is integral to this process. Performance evaluation of decision-making units (DMUs) is accomplished through the resolution of the CrLP model, with subsequent ranking of the DMUs based on their relative efficiency scores. The utility and effectiveness of this novel technique is validated through a numerical example.
Authors and Affiliations
Kshitish Kumar Mohanta, Oguz Toragay
Multi-Criteria Analysis Techniques to Assist Decision-Making in Renewable Energy Supply Chains: A Review
The pressing need to reduce reliance on petroleum in the energy sector and the increasing demand for environmental protection are driving research and practical endeavors in the management of renewable supply chains. Pro...
Exploring the Interface: Financial Crisis-Induced Exchange Rate Fluctuations and Implications for Iran's Current Account Deficit (1989-2022)
Investigation into the nexus between financial crises and the current account deficit within Iran’s economy was conducted, utilising time-series data spanning from 1989 to 2022. Augmented Dickey-Fuller (ADF) test validat...
Optimizing Earthquake Response with Fermatean Probabilistic Hesitant Fuzzy Sets: A Decision Support Framework
Reducing the devastating effects of earthquakes is the main objective of planning for earthquake response. The decision-making process is essential to this attempt. However, it is particularly difficult because of the in...
An Enhanced AHP Group Decision-Making Model Employing Neutrosophic Trapezoidal Numbers
This study emphasizes the limitations observed in the prevailing neutrosophic AHP group decision-making model. To address these limitations, an augmented neutrosophic AHP group decision-making model has been established,...
Addressing Cost-Efficiency Problems Based on Linear Ordering of Piecewise Quadratic Fuzzy Quotients
Ordering of quotients is a critical aspect of cost-efficiency problems, which hold significant interest and importance for suppliers of goods and services as well as consumers. Comparisons (ordering) are straightforward...