Search results for "ordered fuzzy number"
showing 9 items of 9 documents
Assessing the profitability of investment projects using ordered fuzzy numbers
2019
Background: This article is motivated by the fact that most approaches to capital budgeting are deterministic. In reality, the capital budgeting problem is accompanied by the uncertainty and risk associated with dealing with imprecise data. Taking this uncertainty into account when performing analyses and calculations not only helps to better measure the profitability of investment projects, but also to expand the applicability of capital budgeting methods under real-life or uncertain conditions. The major contribution of this paper is the development of a novel approach to assessing the profitability of an investment project in the presence of uncertainty. Methods: We present a novel appro…
Project Scheduling Methods Based on Theory of Ordered Fuzzy Numbers
2020
In this the paper we present new methods, called OFCPM, OFPERT, for estimating a project completion time in the situation when activity duration times in the project are given in the form of Ordered Fuzzy Numbers OFNs. Extended Critical Path Method and Project Evaluation and Review Technique have been developed as new methods dedicated to project scheduling, preserving its basic concept. Ordered fuzzy numbers are used to project scheduling under uncertainty. The duration time of each project activity is estimated by experts (experts views of the activity duration time) based on their experience. These new methods will be verify on some examples. The comparison of our fuzzy approaches to exi…
Szacowanie czasu realizacji projektu przy nieprecyzyjnych zmiennych
2017
The paper presents the essence and significance of the project time estimation under uncertainty and risk using ordered fuzzy numbers. The proposed approach is based on a fuzzy model of uncertainty using ordered fuzzy numbers as imprecise data – duration times. The presented extended critical path method is a new approach that has not been presented so far in the literature of the subject. The authors present the implementation of the approach on an example. The advantages of the proposed approach have been outlined in the paper. The proposed approach can find practical applications in decision-making problems under conditions of risk and uncertainty, supporting decision-makers in the plann…
Ocena opłacalności projektów inwestycyjnych z zastosowaniem skierowanych liczb rozmytych
2015
Cyclic Dynamic Evaluation of Logistics Services Stakeholders Based on System with OFN Model
2021
The challenge for enterprises and supply chains is to deliver successful logistics services in compliance with their aims. Logistics services are affected by many stakeholders. Recognizing their impact on the undertaken services is important for the planning and execution of a sufficiently rigorous stakeholder management process. The aim of the paper is to present a new approach to the analysis of stakeholders - cyclic dynamic evaluation, which could be used in service management, such as in logistics services. We present a novel fuzzy inference system based on the mathematical apparatus of Ordered Fuzzy Numbers (OFNs). The evaluation of stakeholders consists in assessing key factors as - f…
Assessing the profitability of investment projects using ordered fuzzy numbers
2019
Wstęp: U podstaw rozważań leży stwierdzenie, że większość podejść do budżetowania kapitałowego ma charakter deterministyczny. W rzeczywistości problemowi budżetowania towarzyszy niepewność i ryzyko związane z przetwarzaniem nieprecyzyjnych danych. Uwzględnienie tej niepewności nie tylko pomaga lepiej zmierzyć efektywność projektów inwestycyjnych, ale także rozszerzyć zastosowanie metod budżetowania kapitałowego w warunkach rzeczywistych lub niepewnych. Głównym celem artykułu jest opracowanie nowatorskiego podejścia do oceny opłacalności projektu inwestycyjnego w warunkach niepewności. Metody: Prezentujemy nowatorskie podejście uwzględniające niepewność w ocenie opłacalności projektów inwest…
Critical Path Analysis with Imprecise Activities Times
2018
The aim of the paper is to present the conceptual framework related to critical path analysis with imprecise activity duration times. This article is motivated by the fact that most approaches to project planning are deterministic. In reality, the problem is accompanied by uncertainty and risk associated with dealing with imprecise data. Taking this uncertainty into account when performing analyses and calculations not only helps to better project planning, but also to expand the applicability of project scheduling methods under real-life or uncertain conditions. The major contribution of this paper is the development of a novel approach to critical path analysis in the presence of uncertai…
Ordered fuzzy rules generation based on incremental dataset
2021
This paper proposes a novel approach for building transparent knowledge-based systems by generating interpretable fuzzy rules that allow for present dependences between quantitative variables by accounting for uncertainty and the dynamics of their values. In the approach, IF-THEN rules are used to show the conditional relationship between the ordered fuzzy numbers, which contain additional information about the tendencies of variables' value changes. This paper elaborates an approach of mining ordered fuzzy rules from numerical data included in an incremental database. This approach develops the ability to record uncertainty and its change in the context of rapidly changing data. In additio…
Podejście do analizy zaangażowania interesariuszy w projekcie wykorzystujące skierowane liczby rozmyte
2016
Celem artykułu jest przedstawienie autorskiego podejścia do zagadnienia szacowania zaangażowania interesariuszy w projekcie. W pracy zaprezentowano możliwości zastosowania aparatu matematycznego w postaci skierowanych liczb rozmytych do opisu parametrów oceny ich dynamiki zmian w cyklu życia projektu.