Optimal route selection based on Monte Carlo method and adaptive amoeba algorithm under uncertain environment

The main objective of this study is to deal with the optimization of a fuzzy transportation problem having costs in fuzzy triangular numbers with demand and supplies as crisp numbers. It introduces a new ranking technique along with a unique approach to convert triangular fuzzy number to trapezoidal fuzzy number. Minimum demand supply algorithm is used to get optimal cost. This technique is compared with some existing methods. Two different ranking approaches based on trapezoidal fuzzy numbers are also compared. The new algorithms are found fast and better as compared to classical approaches.The main objective of this study is to deal with the optimization of a fuzzy transportation problem having costs in fuzzy triangular numbers with demand and supplies as crisp numbers. It introduces a new ranking technique along with a unique approach to convert triangular fuzzy number to trapezoidal fuzzy number. Minimum demand supply algorithm is used to get optimal cost. This technique is compared with some existing methods. Two different ranking approaches based on trapezoidal fuzzy numbers are also compared. The new algorithms are found fast and better as compared to classical approaches.

The ranking of fuzzy numbers has an important position in fuzzy application models and systems. In this paper, a two-dimensional approach is proposed by the Monte Carlo simulation technique, and the simulation formula of the possibility degree is established. The algorithms for ranking interval numbers, triangular fuzzy numbers and trapezoidal fuzzy numbers are elaborated on. Moreover, the axiomatic properties of the possibility degree formulae are investigated. It is found that the simulation formula of the possibility degree is reasonable for the satisfaction of the considered axiomatic properties. Finally, by considering a set of fuzzy numbers and the effect of a viewpoint, some comparisons are reported by carrying out numerical examples. The observations reveal that the proposed simulation method is effective to reflect the uncertainty of fuzzy numbers and coherent with the human intuition.

Group-oriented service composition is still challenging for big group and personalized QoS requirements. Therefore, this paper presents a Hybrid QoS-aware Web Service Composition Strategies for Group Pareto Optimal Plan (HOWSCS_GGOP) based on multi-attribute group decision making (MAGDM) theory. It includes five main steps: calculating group preference, clustering weighted cluster weights, constructing cluster weighted normalized decision-making matrix, determining the ideal solution, and evaluating alternatives for group synthetically. In addition, a hybrid Web service QoS model is introduced to describe QoS values with real numbers, interval numbers, triangular fuzzy numbers and intuitionistic fuzzy numbers. Experimental results show that the proposed algorithm can well solve the problem of Web service composition for big group and personalized QoS requirements.

A fuzzy analogue of the binomial option pricing tree model introduced by Cox et.al [1] was proposed by Yoshida [2] to study fuzzy American put option model in an uncertain environment using discrete time fuzzy stochastic process. Later, Muzzioli [3] used non overlapping triangular and trapezoidal fuzzy numbers to model the jump factors in American put option pricing model admitting impreciseness only in volatility while Xcaojian Yu [4] persumed impreciseness in both risk-free interest rate and volatility of the underlying stock involving non-overlapping trapezoidal fuzzy numbers. K. Meenakshi et al. [5] defined new fuzzy risk-neutral probability measures using general trapezoidal fuzzy numbers to study "Problem of Pricing American Fuzzy Put Option Buyer’s Model". The two up and down jump factors and the risk-free interest rate fluctuates oftenly and hence are uncertain in nature. When financial investors come across a high volatile or low volatile (up and down jump factors) fuzzy stocks, non-overlapping type of fuzzy numbers will not be sufficient to predict the underlying fuzzy stock prices as the fuzzy stock prices would go up only in the up state and would go down only in the down state of the fuzzy binomial tree. The uncertainty associated in the above stated fuzzy option pricing parameters could not be captured completely here. Such a scenario needs attention. To handle such a situation, we need to consider fuzzy numbers which are not only non - overlapping but partially or fully overlapping and/ or contained in too. Also not much consideration had been given to American fuzzy put option model involving fuzzy martingales. This paper will consider the study of the fuzzy analogue of martingale pricig theory in the context of fuzzy option pricing theory. In this study, we discuss American Fuzzy Put Option Seller’s Model (AFPOSM) based on fuzzy future contract involving general linear octagonal fuzzy numbers (GLOFN); general in the sense that they could be either overlapping or non-overlapping partially or completely and/or contained in using the fuzzy risk-neutral probability measures introduced by us. We record a computational procedure to obtain the fuzzy profit and loss (PL) values of sellers using two-period fuzzy binomial tree model wherein the fuzzy stock price and the fuzzy future price following discrete time fuzzy stochastic process. The same is performed by deploying the real stock market data obtained from the website [6] that includes American style Microsoft Corporation (MSFT) shares of the year 2018 under the bullish (the constant initial fuzzy stock price goes above the constant fuzzy strike price) scenario. Utilizing the PL values, we estimate an optimal exercise time and an optimal exercise price of sellers. Also the discounted fuzzy intrinsic values of AFPOSM on fuzzy future contract are validated. The computations carried out in AFPOSM are performed using MATLAB 2016a software.    

Any sequence claimed to be random, real numbers or fuzzy numbers, must be tested for randomness. We first test our sequence of fuzzy random numbers, obtained from Sobol quasi-random numbers, for randomness using a run test and then a frequency test. We identified two types of triangular shaped fuzzy numbers from Chapter 4: (1) quadratic fuzzy numbers generated from 7-tuples; and (2) quadratic Bezier generated fuzzy numbers (QBGFNs). For reasons given there we direct our attention to QBGFNs. A run test depends on what definition of ≤ between fuzzy numbers we are using. So we do the run test three times on the Bezier fuzzy numbers; first using Buckley’s Method of ≤ (Section 2.6.1) next using Kerre’s Method of ≤ (Section 2.6.2) and lastly using Chen’s Method of ≤ (Section 2.6.3). We must also test our sequence of random fuzzy vectors for randomness. We have seen that sequences of random numbers can pass randomness tests but when they are used to build vectors the resulting sequence of vectors can fail randomness tests (Chapter 3). We will test our sequences of random vectors, whose components are all TFNs, for randomness using a chi-square test.

In conventional transportation problem (TP), supplies, demands and costs are always certain. In this paper, the author tried to categories the TP under the mixture of certain and uncertain environment and formulates the problem and utilizes the crisp numbers, triangular fuzzy numbers (TFNs) and trapezoidal fuzzy numbers (TrFNs) to solve the TP. The existing ranking procedure of Liou and Wang is used to transform the type-1 and type-3 fuzzy transportation problem (FTP) into a crisp one so that the conventional method may be applied to solve the TP. The solution procedure differs from TP to type-1 and type-3 FTP in allocation step only. Therefore, the new method called PSK method and new multiplication operation on TrFN is proposed to find the mixed optimal solution in terms of crisp numbers, TFNs and TrFNs. The main advantage of this method is computationally very simple, easy to understand and also the optimum objective value obtained by our method is physically meaningful. The effectiveness of the proposed method is illustrated by means of a numerical example.

In this chapter we first look at finding solutions to $$ max/min \overline{Y} = f(\overline{X}), $$ where \(\overline{X}\) is a triangular (shaped) fuzzy number in some interval I, f is a fuzzy function mapping fuzzy numbers into fuzzy numbers and \(\overline{Y}\) is also a triangular shaped fuzzy number. As an example of this problem we consider a fuzzy EOQ (economic order quantity) problem to solve. To generate approximate solutions we plan to employ our fuzzy Monte Carlo method.

Multi-criteria decision making method is used in such cases having multiple targets. Multi-objective linear programming problems, which deal with uncertain measurements for both objectives and constraints, are solved by fuzzy multi-objective linear programming methods. Analytic hierarchy process (AHP), one of the multi-criteria decision-making methods based on weighting of objectives, is designed to solve complex problems. In this study, multiple criteria decision making problems and decision makers’ opinions on these problems as well as their solution processes are discussed. Firstly, a fuzzy multi objective linear programming problem is solved using the approaches of Zimmerman and Hybrid. In the literature, these methods are applied using triangular fuzzy numbers based on decision makers’ opinions only in cases where the objective function is minimization. In this study, as an alternative to the triangular fuzzy numbers, trapezoidal fuzzy numbers are defined, and both minimization and maximization of objective functions are examined. Finally, a solution algorithm for a fuzzy multi-objective linear programming problem is proposed under some given conditions. The algorithm is applied to a sample problem that involves modeling of a congress organizing which aims to place attendees to accommodations under specific objectives and constraints. In the evaluation phase of the algorithm, targets are weighted by using triangular and trapezoidal fuzzy numbers. At the end, the results of the proposed algorithm are compared with the results of other methods in the literature.

The urge to remanufacture and address environmental concerns in various industrial processes has drawn the attention of academics as well as practitioners towards Closed-loop Supply Chain Networks (CLSC). Although everchanging and complex external factors including social and economic ones, adversely impact the sustainable development of closed-loop supply chain networks. The basic aim of the research is to optimize the functioning of CLSC networks. For the above-said, two objective functions are made. The first objective is to minimize the cost of production and assembly expenses of the forward and reverse logistics. Secondly, an endeavour has been made to reduce the fixed costs associated with plants and retailers. For the sake of achieving two objective functions, two methods are employed: triangular fuzzy numbers and triangular intuitionistic fuzzy numbers. Among the two methods, triangular intuitionistic fuzzy numbers achieved the said objectives with greater optimization substantiated by statistics. This method can deal with uncertain external factors without undermining the optimization of the CLSC networks.

This paper presents a simple and useful decision method for making estimates in uncertain and dynamic environments. We extend traditionally triangular fuzzy numbers to pillared and triangular fuzzy numbers formats that are defined by X-Y-Z axes. The α-cut and the defuzzy method of the proposed fuzzy number type are also defined. Finally, a numerical example based on a multiple attribute decision making method is used to illustrate the proposed method.

In this paper, a new hypothesis of fuzzy number has been proposed which is more precise and direct. This new proposed approach is considered as an equivalence class on set of real numbers R with its algebraic structure and its properties along with theoretical study and computational results. Newly defined hypothesis provides a well-structured summary that offers both a deeper knowledge about the theory of fuzzy numbers and an extensive view on its algebra. We defined field of newly defined fuzzy numbers which opens new era in future for fuzzy mathematics. It is shown that, by using newly defined fuzzy number and its membership function, we are able to solve fuzzy equations in an uncertain environment. We have illustrated solution of fuzzy linear and quadratic equations using the defined new fuzzy number. This can be extended to higher order polynomial equations in future. The linear fuzzy equations have numerous applications in science and engineering. We may develop some iterative methods for system of fuzzy linear equations in a very simple and ordinary way by using this new methodology. This is an innovative and purposefulness study of fuzzy numbers along with replacement of this newly defined fuzzy number with ordinary fuzzy number.

Ranking generalized fuzzy numbers based on centroid and rank index

<abstract> <p>A new decision-making method based on interval Pythagorean triangular fuzzy numbers is proposed for fuzzy information decision-making problems, taking the advantages of interval Pythagorean fuzzy numbers and triangular fuzzy numbers into account. The VIse Kriterijumski Optimizacioni Racun (VIKOR) group decision-making method is based on the Weighted Ordered Weighted Average (WOWA) operator of interval Pythagorean triangular fuzzy numbers (IVPTFWOWA). First, this article provides the definition of the IVPTFWOWA operator and proves its degeneracy, idempotence, monotonicity, and boundedness. Second, the decision steps of the VIKOR decision method using the IVPTFWOWA operator are presented. Finally, the scientificity and effectiveness of the proposed method were verified through case studies and comparative discussions. The research results indicate that the following: (1) the IVPTFWOWA operator combines interval Pythagorean fuzzy numbers and triangular fuzzy numbers, complementing the shortcomings of the two fuzzy numbers, and can characterize fuzzy information on continuous geometry, thereby reducing decision errors caused by inaccurate and fuzzy information; (2) the VIKOR decision-making method based on the IVPTFWOWA operator applies comprehensive weights, fully considering the positional weights of the scheme attributes and the weights of raters, and fully utilizing the attribute features of decision-makers and cases; and (3) compared to other methods, there is a significant gap between the decision results obtained using this method, making it easier to identify the optimal solution.</p> </abstract>

In this paper, an inventory model has been developed with trade credit financing and back orders under human learning. In this model, it is considered that the seller provides a credit period to his buyer to settle the account and the buyer accepts the credit period policy with certain terms and conditions. The impact of learning and credit financing on the size of the lot and the corresponding cost has been presented. For the development of the model, demand and lead times have been taken as the fuzzy triangular numbers are fuzzified, and then learning has been done in the fuzzy numbers. First of all, the consideration of constant fuzziness is relaxed, and then the concept of learning in fuzzy under credit financing is joined with the representation, assuming that the degree of fuzziness reduces over the planning horizon. Finally, the expected total fuzzy cost function is minimized with respect to order quantity and number of shipments under credit financing and learning effect. Lastly, sensitive analysis has been presented as a consequence of some numerical examples.

As an effective approach to mitigating urban environmental issues, New Energy Vehicles (NEVs) have become a focal point of research regarding their current development status and future prospects in China. Addressing the significant disparities in the development of the NEVs industry across different cities, this study focuses on ten typical Chinese cities and develops a novel multi-attribute decision-making (MADM) framework to evaluate the prospects of NEVs promotion in these cities. The study first establishes a comprehensive indicator system that covers key dimensions such as economy, policy support, infrastructure, technological innovation, and environment, encompassing five different types of evaluation information. This system incorporates five different types of evaluation information: exact numbers, interval numbers, triangular fuzzy numbers, hesitant fuzzy numbers, and probabilistic linguistic term sets (PLTS), enhancing the framework's ability to handle diverse data types. Subsequently, the improved entropy (IEntropy) weight method is employed to determine the objective weights of the evaluation indicators. These objective weights are then integrated with the Vlsekriterijumska Optimizacija I Kompromisno Resenje (VIKOR) method, facilitating a structured group decision-making approach that synthesizes hybrid evaluation information. Based on modular thinking, hybrid evaluation information is synthesized to evaluate and rank the NEVs development prospects of each city. Sensitivity analysis and comparative analysis further demonstrate the robustness and reliability of the proposed MADM framework. The ranking results indicate that Shanghai and Guangzhou lead in NEVs promotion, while cities like Harbin and Zhengzhou lag behind. Based on these findings, the study proposes targeted policy recommendations to promote the sustainable development of the NEVs industry in major Chinese cities.