Optimizing Earthquake Response with Fermatean Probabilistic Hesitant Fuzzy Sets: A Decision Support Framework
Journal Title: Journal of Operational and Strategic Analytics - Year 2023, Vol 1, Issue 4
Abstract
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 inherent uncertainties. A sophisticated methodological approach was proposed to handle these uncertainties in this study. The approach makes use of Fermatean probabilistic hesitant fuzzy sets (FePHFSs), and emphasizes the resilience of algebraic operations and their crucial role in improving the effectiveness of decision-making. In particular, a noteworthy development in the field of multiple attribute decision making (MADM) is the introduction of novel probabilistic hesitant fuzzy sets (PHFSs) aggregation operators, which are created by carefully synthesizing algebraic operations with the Combined Compromise Solution (CoCoSo) method. A key component of this technique is the application of the CoCoSo strategy, which is well known for its resilience in optimal goal selection and uses various aggregation strategies to effectively navigate the complex, multicriteria decision-making environment. A thorough numerical case study illustrates the adaptability and efficacy of this method and highlights its potential in practical settings. Decision-makers now have a new and effective tool that helps them make better informed and trustworthy decisions even in the face of uncertainty by combining PHFS with the CoCoSo technique. This method offers real-world implications for improving disaster response plans in addition to advancing the theory of decision support systems.
Authors and Affiliations
Wania Iqbal, Tao Yang, Shahzaib Ashraf
Analyzing and Enhancing the Resilience of Steel Moment Frame Structures Against Progressive Collapse
The present study scrutinizes the decision-making strategies and enhancement techniques aimed at minimizing progressive collapse in steel moment frame structures. Comparative analyses of both three-story and five-story f...
Investigation of IoT-Integrated Smart Homes
The growth of internet-connected services, known as the Internet of Things (IoT), has led to a proliferation of new applications. One such application is the smart home, where household appliances and devices can be remo...
Strategic Application of Cooperative Game Theory in Mitigating Labor Shortages in Post-Pandemic Logistics: A Case Study of Poland
The onset of the global pandemic has underscored the pivotal role of logistics, bolstered by information and communication technologies, in the resilience of supply chain networks. This study investigates the transformat...
Evaluation of Customer Value-Based Pricing Strategies in Hainan’s Travel Agencies under a Free Trade Port Framework
In the context of the free trade port initiative, an in-depth investigation into the pricing strategies of Hainan's travel agencies was conducted, focusing on the pivotal role of customer value. This study employed empir...
Stock Portfolio Optimization Using Pythagorean Fuzzy Numbers
Linear programming problems (LPP) have been widely used to address real-world problems, including the stock portfolio problem. In this study, an approach is proposed that incorporates Pythagorean fuzzy numbers (PFN) in t...