International Journal of Computational Intelligence Systems

Volume 7, Issue 5, October 2014, Pages 1002 - 1021

Strategic Decision Selection Using Hesitant fuzzy TOPSIS and Interval Type-2 Fuzzy AHP: A case study

Authors
Sezi Cevik Onar, Başar Oztaysi, Cengiz Kahraman
Corresponding Author
Başar Oztaysi
Received 19 December 2013, Accepted 7 March 2014, Available Online 1 October 2014.
DOI
https://doi.org/10.1080/18756891.2014.964011How to use a DOI?
Keywords
Hesitant Fuzzy Sets (HFS), TOPSIS, Interval Type-2 Fuzzy sets, AHP, Strategic Decision Making, Acquisitions and Mergers, Joint Ventures
Abstract

Strategic decisions such as mergers, acquisitions and joint ventures have a strong effect on firm performance. In order to be successful in highly competitive environments firms have to make right and on time strategic decisions. However, the nature of making the right strategic decision is complex and unstructured since there are many factors affecting such decisions. Moreover these factors are usually hard and vague to evaluate numerically. This study tries to develop a multicriteria decision-making model which considers both the complexity and vagueness of strategic decisions. The weights of the factors are determined by interval type-2 Fuzzy Analytic Hierarchy Process (AHP) and then the best strategy is selected by Hesitant Fuzzy TOPSIS using the determined weights. An application to a multinational consumer electronics company is presented.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Journal
International Journal of Computational Intelligence Systems
Volume-Issue
7 - 5
Pages
1002 - 1021
Publication Date
2014/10/01
ISSN (Online)
1875-6883
ISSN (Print)
1875-6891
DOI
https://doi.org/10.1080/18756891.2014.964011How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - JOUR
AU  - Sezi Cevik Onar
AU  - Başar Oztaysi
AU  - Cengiz Kahraman
PY  - 2014
DA  - 2014/10/01
TI  - Strategic Decision Selection Using Hesitant fuzzy TOPSIS and Interval Type-2 Fuzzy AHP: A case study
JO  - International Journal of Computational Intelligence Systems
SP  - 1002
EP  - 1021
VL  - 7
IS  - 5
SN  - 1875-6883
UR  - https://doi.org/10.1080/18756891.2014.964011
DO  - https://doi.org/10.1080/18756891.2014.964011
ID  - CevikOnar2014
ER  -