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A Comparative Study of the Accuracy of Fuzzy AHP and Classical AHP for Effective Indices Ranking on Products Prioritizing Case Study of Fars Green Pipes Factory

Academic Journal of Accounting and Economic Researches

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Title A Comparative Study of the Accuracy of Fuzzy AHP and Classical AHP for Effective Indices Ranking on Products Prioritizing Case Study of Fars Green Pipes Factory
 
Creator Talebbeydokhti, Abbas
Mardani, Razieh
 
Description In today's real world, many quantitative and qualitative factors such as profitability, quality, price, flexibility, together with developments and innovations must be taken into account to make decisions. For this purpose, to determine the rates and the weights, the linguistic variables can be used and they can be expressed in the form of fuzzy numbers. In this study, one of the multi-criteria decision-making methods called Analytic Hierarchy Process (AHP) in the states of Classic and Fuzzy are investigated to obtain the weight of effective parameters on products prioritizing of Fars Green Pipes Factory. Following data collection, the two mentioned methods are used comparatively. Due to the differences in the obtained results, the accuracy is calculated by the index of Mean Square Error (MSE) and the following results are obtained: 1. inboth methods, the profitability index and the ease of transportation have respectively the highest and the lowest weight of importance at the related case study .2. In conformity with the existent reality, the fuzzy method has higher accuracy than classical method. This difference is confirmed using the index of mean square error .
 
Publisher Academic Journal of Accounting and Economic Researches ISSN 2333-0783
 
Contributor
 
Date 2018-02-06
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/627
 
Source Academic Journal of Accounting and Economic Researches ISSN 2333-0783; Vol 3, No 2 (2014): April 2014
2333-0783
2375-7493
 
Language eng
 
Relation http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/627/407
 
Rights Copyright (c) 2018 Academic Journal of Accounting and Economic Researches ISSN 2333-0783
http://creativecommons.org/licenses/by-nc/4.0