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An extension of the PROMETHEE method for decision making in fuzzy environment: Ranking of alternative energy exploitation projects. (English) Zbl 0976.90050

Summary: In the decision making process for the development of local resources, a number of factors, sometimes conflicting, have to be considered. Multicriteria decision making procedures are widely applied today to ensure a rigorous analysis. In this presentation a multicriteria method of ranking alternative projects, PROMETHEE, is extended to deal with fuzzy input data. The method is applied for the evaluation and ranking of alternative energy exploitation schemes of a low temperature geothermal field. It is demonstrated that this approach is more realistic and produces a more reliable ranking for problems, such as the evaluation of alternative energy exploitation scenarios, where the input data are not well defined.

MSC:

90B50 Management decision making, including multiple objectives
90C70 Fuzzy and other nonstochastic uncertainty mathematical programming
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References:

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