Strategic Placement of Nuclear Power Plants in Pakistan: A Complex Polytopic Fuzzy Model Approach with Confidence Level Assessment
Journal Title: Journal of Operational and Strategic Analytics - Year 2024, Vol 2, Issue 2
Abstract
Confidence sets provide a robust method for addressing the uncertainty inherent in the membership degrees of elements within fuzzy sets (FSs). These sets enhance the capability of FSs to manage imprecise or uncertain data systematically. Analogous to repeated experimentation, the interpretation of confidence sets remains valid before sample observation. However, once the sample is examined, all confidence sets exclusively encompass parameter values of either 1 or 0. This study introduces novel techniques in the domain of confidence levels, specifically the Confidence Complex Polytopic Fuzzy Weighted Averaging (CCPoFWA) operator, confidence complex polytopic fuzzy ordered weighted averaging (CCPoFOWA) operator, and Confidence Complex Polytopic Fuzzy Hybrid Averaging (CCPoFHA) operator. These aggregation operators are indispensable tools in data analysis and decision-making, aiding in the understanding of complex systems across diverse fields. They facilitate the extraction of valuable insights from extensive datasets and streamline the presentation of information to enhance decision support. The efficacy and utility of the proposed methods are demonstrated through a detailed illustrative example, underscoring their potential in strategic decision-making for the placement of nuclear power plants in Pakistan.
Authors and Affiliations
Khaista Rahman
Keywords
Related Articles
- EP ID EP742282
- DOI 10.56578/josa020204
- Views 16
- Downloads 1
Towards a Fuzzy Approach for Optimizing Single Machine Common Due Date Scheduling Problem under Uncertainty
This investigation explores the scheduling of jobs on a single machine, where each job possesses a common due date, and processing time is characterized by pentagonal fuzzy numbers (PFNs). The primary objective is to min...
Strategic Adaptation in Travel Agencies: Integrating MARA with SWOT for Uncertainty Navigation
In the realm of managerial decision-making, particularly within the last few decades, the process has emerged as a formidable challenge. This paper focuses on strategic decision-making, crucial in determining organizatio...
Bibliometric Analysis of Data Envelopment Analysis in Supply Chain Management
A bibliometric analysis is presented in this paper to examine the use of Data Envelopment Analysis (DEA) in the domain of Supply Chain Management (SCM). The research trends on DEA in SCM from 2000 to 2023 are explored, u...
Does Organizational Performance Increase with Innovation and Strategic Planning?
In today's rapidly changing economic environment, the success of organizations is largely determined by their organizational efficiency. The impact of innovation and strategic planning on organizational performance is th...
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,...