A fuzzy assessment framework to select among transportation investment projects in Turkey


ÖZKIR V. , DEMİREL T.

EXPERT SYSTEMS WITH APPLICATIONS, vol.39, no.1, pp.74-80, 2012 (Journal Indexed in SCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 39 Issue: 1
  • Publication Date: 2012
  • Doi Number: 10.1016/j.eswa.2011.06.051
  • Title of Journal : EXPERT SYSTEMS WITH APPLICATIONS
  • Page Numbers: pp.74-80

Abstract

Selecting the best transportation investment project (TIP) is often a difficult task, since many social, environmental and economic criteria have to be considered simultaneously. Evaluating a set of different projects, especially the best set of alternatives, portfolios, is even more complex. Pursuing the goal of selecting the best TIP portfolio, we propose a fuzzy assessment method to aid the selection process of a multi-criterion project by utilizing the concept of entropy and interval normalization procedure in a fuzzy analytic hierarchy process (F-AHP). Then, regarding this informative phase, we propose a fuzzy linear programming model to select the best TIP portfolio under uncertain cost pressure. A real case study is conducted to illustrate the efficiency of the proposed method. (C) 2011 Elsevier Ltd. All rights reserved.