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Extension of VIKOR method for decision making problem with interval numbers
Authors:Mohammad Kazem Sayadi  Majeed Heydari  Kamran Shahanaghi
Affiliation:Department of Industrial Engineering, Iran University of Science and Technology, Narmak, Tehran, Iran
Abstract:
The VIKOR method was developed for multi-criteria optimization of complex systems. It determines the compromise ranking list and the compromise solution obtained with the initial (given) weights. This method focuses on ranking and selecting from a set of alternatives in the presence of conflicting criteria. It introduces the multi-criteria ranking index based on the particular measure of “closeness” to the “ideal” solution. The aim of this paper is to extend the VIKOR method for decision making problems with interval number. The extended VIKOR method’s ranking is obtained through comparison of interval numbers and for doing the comparisons between intervals, we introduce α as optimism level of decision maker. Finally, a numerical example illustrates and clarifies the main results developed in this paper.
Keywords:Multi-criteria decision making (MCDM)   Interval number   Interval ranking   Compromise programming   VIKOR method
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