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Extended ExpTODIM technique based on GRA for capability evaluation of real estate general contractors with hesitant triangular fuzzy information

  • Soft computing in decision making and in modeling in economics
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Abstract

The competition between real estate enterprises in the future is likely to be between supply chains, and strategic general contracting is an important part. Implementing strategic construction general contracting procurement is beneficial for improving procurement efficiency and transparency, saving procurement costs, improving procurement quality, achieving economies of scale, and opening up or enhancing the core competitiveness of real estate enterprises. It has practical and guiding significance for the long-term and good development of real estate enterprises. The capability evaluation of real estate general contractors is a multiple-attribute decision-making (MADM) problem. Recently, the Exponential TODIM(ExpTODIM) and (grey relational analysis) GRA technique has been used to cope with MADM issue. The hesitant triangular fuzzy sets (HTFSs) are used as a tool for characterizing uncertain information during the capability evaluation of real estate general contractors. In this paper, the hesitant triangular fuzzy Exponential TODIM-GRA (HTF-ExpTODIM-GRA) technique is built to solve the MADM under HTFSs. In the end, a numerical case study for capability evaluation of real estate general contractors and some comparative analysis is given to validate the proposed technique. The main contribution of this paper is managed: (1) The MEREC technique is constructed to obtain weight values under HTFSs; (2) an integrated HTF-ExpTODIM-GRA technique is constructed to manage the MADM issue; (3) An illustrative example for capability evaluation of real estate general contractors has accomplished to verify the HTF-ExpTODIM-GRA technique.

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Funding

The work was supported by the 2021 Guangdong Higher Vocational Education Teaching Reform Research and Practice Project: Research and Practice on the “dual” education mode of modern apprenticeship school enterprise in Higher Vocational real estate major.

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  1. Guangzhou City Polytechnic, Guangzhou, 510405, Guangdong, China

    Xiaobo Liao & Hua Lei

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  1. Xiaobo Liao
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Correspondence to Hua Lei.

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Liao, X., Lei, H. Extended ExpTODIM technique based on GRA for capability evaluation of real estate general contractors with hesitant triangular fuzzy information. Soft Comput 28, 8051–8063 (2024). https://doi.org/10.1007/s00500-024-09646-7

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