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Multi-attribute grey target decision method with three-parameter interval grey number

Ye Li (College of Information and Management Science, Henan Agricultural University, Zhengzhou, China)
Shanli Zhu (College of Information and Management Science, Henan Agricultural University, Zhengzhou, China)
San-dang Guo (College of Information and Management Science, Henan Agricultural University, Zhengzhou, China)

Grey Systems: Theory and Application

ISSN: 2043-9377

Article publication date: 1 August 2016

177

Abstract

Purpose

The purpose of this paper is to propose the grey target decision method based on three-parameter interval grey number for dealing with multi-attribute decision-making problems under uncertain environment.

Design/methodology/approach

First, the kernel and ranking method of three-parameter interval grey number are defined, which is the basis of determining the positive and negative bull’s-eye. Next, a new distance measure of three-parameter interval grey number is defined in view of the importance of the “center of gravity” point. Furthermore, a new comprehensive bull’s-eye distance is proposed based on the kernel which integrates the distance between different attributes to the positive and negative bull’s-eye. Then attribute weights are obtained by comprehensive bull’s-eye distance minimum and grey entropy maximization.

Findings

The paper provides a grey target decision method based on three-parameter interval grey number and example analysis shows that the method proposed in this paper is more reasonable and effective.

Research limitations/implications

If we have a better understanding of the distribution characteristics of three-parameter interval grey number, it is possible to have a more reasonable measure of the distance of three-parameter interval grey number.

Practical implications

The paper provides a grey target decision method, which can help decision maker deal with multi-attribute decision-making problems under uncertain environment.

Originality/value

This paper proposed the kernel and ranking method of three-parameter interval grey number, and defined a new distance measure of three-parameter interval grey number and proposed a new comprehensive bull’s-eye distance, Furthermore, this paper structured a grey target decision method based on three-parameter interval grey number.

Keywords

Acknowledgements

Conflict of interest: The authors declare that there is no conflict of interests regarding the publication of this paper.

The work was supported by the National Natural Science Foundation of China (Project No: 71271086) and the Foundation of Soft Science Project in Henan Province (Project No: 122400450013).

Citation

Li, Y., Zhu, S. and Guo, S.-d. (2016), "Multi-attribute grey target decision method with three-parameter interval grey number", Grey Systems: Theory and Application, Vol. 6 No. 2, pp. 270-280. https://doi.org/10.1108/GS-05-2016-0010

Publisher

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Emerald Group Publishing Limited

Copyright © 2016, Emerald Group Publishing Limited

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