Research on Value Evaluation Method of Investment Project Based on Fuzzy Composite Real Options

Venture capital investments are characterized by high input,high yield,and high risk.Due to the complexity of the market environment,stage-by-stage investment is becoming increasingly important.Traditional evaluation methods like comparison,proportion,maturity,internal rate of return,scenario analysis,decision trees,and net present value cannot fully consider the uncertainty and stage characteristics of the project.The fuzzy real options method addresses this by combining real option theory,fuzzy number theory,and composite option theory to provide a more accurate and objective evaluation of Public-Private Partnership(PPP)projects.It effectively considers the interaction of options and the ambiguity of project parameters,making it a valuable tool for project evaluation in the context of venture capital investment.

Evaluation model of venture investment based on fuzzy matter-element method of combined weight

An evaluation model of an international venture investment project on the basis of fuzzy matter-element and combined weight methods is introduced. First, the compound fuzzy matter-element of optimal subordinate degree is constructed on the principle of the bigger-more-optimal or the less-more-optimal depending on the actual evaluation indicators, and combined with standard fuzzy matter-element to form a difference-square fuzzy matter-element. Secondly, a combined weight is calculated by both information entropy and the expert grading method. Finally, the compound fuzzy matter-element of Euclidian approach degree by M(·,+)method is constituted and used to classify venture investment projects. Based on the model above, six venture investment projects in a company are evaluated, and the results show that the projects are all good, which is demonstrated by the good income of the projects. Therefore, the coincidence of evaluation results and actual operation status indicates that the model is of great value in practical application.

基于Fuzzy Matter-Element模型的电力上市公司财务核心竞争能力评价

鉴于电力上市公司财务核心竞争能力评价的复杂性以及单项指标评价结果的不相容性,本文在模糊物元分析的基础上,将熵权的理论方法与海明贴近度的概念相结合,建立了电力上市公司财务核心竞争能力评价的模糊物元模型。把不同电力企业作为物元的事物,以它们的各项评价指标及相应的模糊量值构造模糊物元,通过计算与理想模糊物元之间的海明贴近度,实现对上市电力公司财务核心竞争能力的综合评价。

Selecting the Technology of Sodium Silicate Modified Poplar with the Highest Performance by Fuzzy Orthogonal Method

Sodium silicate modification can improve the overall performance of wood.The modification process has a great influence on the properties of modified wood.In this study,a new method was introduced to analyze the wood modification process,and the properties of modified wood were studied.Poplar wood was modified with sodium silicate by vacuum-pressure impregnation.After screening using single-factor experiments,an orthogonal experiment was carried out with solution concentration,impregnation time,impregnation pressure,and the cycle times as experimental factors.The modified poplar with the best properties was selected by fuzzy mathematics and characterized by SEM,FT-IR,XRD and TG.The results showed that some lignin and hemicellulose were removed from the wood due to the alkaline action of sodium silicate,and the orderly crystal area of poplar became disorderly,resulting in the reduction of crystallinity of the modified poplar wood.FT-IR analysis showed that sodium silicate was hydrolyzed to form polysilicic acid in wood,and structural analysis revealed the formation of Si-O-Si and Si-O-C,indicating that sodium silicate reacted with fibers on the wood cell wall.TG-DTG curves showed that the final residual mass of modified poplar wood increased from 25%to 67%,and the temperature of the maximum loss rate decreased from 343℃ to 276℃.The heat release and smoke release of modified poplar wood decreased obviously.This kind of material with high strength and fire resistance can be used in the outdoor building and indoor furniture.

Analysis of Landscape Vitality of Historical and Cultural Blocks Based on AHPFuzzy Comprehensive Evaluation Method:A Case Study of Daopashi Street in Anqing City

Historical and cultural blocks are witnesses of history and inheritors of culture. As one of the main spaces for outdoor interaction in historical and cultural blocks, the improvement of its vitality is of great significance for the improvement of residential environment and the better inheritance of history and culture. Taking Daopashi Street in Anqing City as an example, an evaluation model of landscape spatial vitality of historical and cultural blocks was constructed from three aspects of viewing function, store status and service facilities, and analytic hierarchy process was used to determine the index weight and vaguely evaluate the landscape spatial vitality of historical and cultural blocks. The results show that through the comparison of weight, architectural style(0.317), the practicability of service facilities(0.168) and plant landscape(0.165) had a significant impact on the landscape spatial vitality of historical and cultural blocks,and the landscape spatial vitality of historical and cultural blocks in Daopashi Street in Anqing City was at a good level.

Aggregation operators and CRITIC-VIKOR method for confidence complex q-rung orthopair normal fuzzy information and their applications

Supply chain management is an essential part of an organisation's sustainable programme.Understanding the concentration of natural environment,public,and economic influence and feasibility of your suppliers and purchasers is becoming progressively familiar as all industries are moving towards a massive sustainable potential.To handle such sort of developments in supply chain management the involvement of fuzzy settings and their generalisations is playing an important role.Keeping in mind this role,the aim of this study is to analyse the role and involvement of complex q-rung orthopair normal fuzzy(CQRONF)information in supply chain management.The major impact of this theory is to analyse the notion of confidence CQRONF weighted averaging,confidence CQRONF ordered weighted averaging,confidence CQRONF hybrid averaging,confidence CQRONF weighted geometric,confidence CQRONF ordered weighted geometric,confidence CQRONF hybrid geometric operators and try to diagnose various properties and results.Furthermore,with the help of the CRITIC and VIKOR models,we diagnosed the novel theory of the CQRONF-CRITIC-VIKOR model to check the sensitivity analysis of the initiated method.Moreover,in the availability of diagnosed operators,we constructed a multi-attribute decision-making tool for finding a beneficial sustainable supplier to handle complex dilemmas.Finally,the initiated operator's efficiency is proved by comparative analysis.

Solving Multi-Objective Linear Programming Problem by Statistical Averaging Method with the Help of Fuzzy Programming Method

A multi-objective linear programming problem is made from fuzzy linear programming problem. It is due the fact that it is used fuzzy programming method during the solution. The Multi objective linear programming problem can be converted into the single objective function by various methods as Chandra Sen’s method, weighted sum method, ranking function method, statistical averaging method. In this paper, Chandra Sen’s method and statistical averaging method both are used here for making single objective function from multi-objective function. Two multi-objective programming problems are solved to verify the result. One is numerical example and the other is real life example. Then the problems are solved by ordinary simplex method and fuzzy programming method. It can be seen that fuzzy programming method gives better optimal values than the ordinary simplex method.

Arithmetic Operations of Generalized Trapezoidal Picture Fuzzy Numbers by Vertex Method

In this article, we define the arithmetic operations of generalized trapezoidal picture fuzzy numbers by vertex method which is assembled on a combination of the (α, γ, β)-cut concept and standard interval analysis. Various related properties are explored. Finally, some computations of picture fuzzy functions over generalized picture fuzzy variables are illustrated by using our proposed technique.

Upper and Lower Bounds of the α-Universal Triple I Method for Unified Interval Implications

Theα-universal triple I(α-UTI)method is a recognized scheme in the field of fuzzy reasoning,whichwas proposed by our research group previously.The robustness of fuzzy reasoning determines the quality of reasoning algorithms to a large extent,which is quantified by calculating the disparity between the output of fuzzy reasoning with interference and the output without interference.Therefore,in this study,the interval robustness(embodied as the interval stability)of theα-UTI method is explored in the interval-valued fuzzy environment.To begin with,the stability of theα-UTI method is explored for the case of an individual rule,and the upper and lower bounds of its results are estimated,using four kinds of unified interval implications(including the R-interval implication,the S-interval implication,the QL-interval implication and the interval t-norm implication).Through analysis,it is found that theα-UTI method exhibits good interval stability for an individual rule.Moreover,the stability of theα-UTI method is revealed in the case of multiple rules,and the upper and lower bounds of its outcomes are estimated.The results show that theα-UTI method is stable for multiple rules when four kinds of unified interval implications are used,respectively.Lastly,theα-UTI reasoning chain method is presented,which contains a chain structure with multiple layers.The corresponding solutions and their interval perturbations are investigated.It is found that theα-UTI reasoning chain method is stable in the case of chain reasoning.Two application examples in affective computing are given to verify the stability of theα-UTImethod.In summary,through theoretical proof and example verification,it is found that theα-UTImethod has good interval robustness with four kinds of unified interval implications aiming at the situations of an individual rule,multi-rule and reasoning chain.

A mango biological fingerprint anti-counterfeiting method based on Fuzzy C-means clustering

The anti-counterfeiting of agricultural products plays an important role in protecting the rights and interests of consumers and maintaining the healthy development of the food market.Traditional anti-counterfeiting technology mainly relies on anti-counterfeiting features of packaging or labeling,which has the risk of being copied and reused.Biological fingerprint anti-counterfeiting is a method of anti-counterfeiting that takes the biological fingerprint of agricultural products as the anti-counterfeiting feature.This paper aims to take the distribution of lenticels on the surface of mango as a biological fingerprint,and propose a mango biological fingerprint anti-counterfeiting method.As the mango ripens,the peel color of mango will change significantly,which will affect the accuracy of anti-counterfeiting identification.In this paper,the images of ripe mangoes are classified by Fuzzy C-means clustering,and appropriate image enhancement technology is used to highlight the features.The results show that the mango biological fingerprint anti-counterfeiting method based on Fuzzy C-means clustering has good accuracy and robustness,and effectively reduces the impact of peel color change on anti-counterfeiting identification during mango ripening.These results support that it is feasible to use the lenticels distribution of mango as a biological fingerprint.In this paper,a computer vision anti-counterfeiting method based on lenticels distribution is proposed.

An Evidence-Based CoCoSo Framework with Double Hierarchy Linguistic Data for Viable Selection of Hydrogen Storage Methods

Hydrogen is the new age alternative energy source to combat energy demand and climate change.Storage of hydrogen is vital for a nation’s growth.Works of literature provide different methods for storing the produced hydrogen,and the rational selection of a viable method is crucial for promoting sustainability and green practices.Typically,hydrogen storage is associated with diverse sustainable and circular economy(SCE)criteria.As a result,the authors consider the situation a multi-criteria decision-making(MCDM)problem.Studies infer that previous models for hydrogen storage method(HSM)selection(i)do not consider preferences in the natural language form;(ii)weights of experts are not methodically determined;(iii)hesitation of experts during criteria weight assessment is not effectively explored;and(iv)three-stage solution of a suitable selection of HSM is unexplored.Driven by these gaps,in this paper,authors put forward a new integrated framework,which considers double hierarchy linguistic information for rating,criteria importance through inter-criteria correlation(CRITIC)for expert weight calculation,evidence-based Bayesian method for criteria weight estimation,and combined compromise solution(CoCoSo)for ranking HSMs.The applicability of the developed framework is testified by using a case example of HSM selection in India.Sensitivity and comparative analysis reveal the merits and limitations of the developed framework.

Fully Completed Spherical Fuzzy Approach-Based Z Numbers(PHIModel)for Enhanced Group Expert Consensus

This study aims to establish an expert consensus and enhance the efficacy of decision-making processes by integrating Spherical Fuzzy Sets(SFSs)and Z-Numbers(SFZs).A novel group expert consensus technique,the PHImodel,is developed to address the inherent limitations of both SFSs and the traditional Delphi technique,particularly in uncertain,complex scenarios.In such contexts,the accuracy of expert knowledge and the confidence in their judgments are pivotal considerations.This study provides the fundamental operational principles and aggregation operators associated with SFSs and Z-numbers,encompassing weighted geometric and arithmetic operators alongside fully developed operators tailored for SFZs numbers.Subsequently,a case study and comparative analysis are conducted to illustrate the practicality and effectiveness of the proposed operators and methodologies.Integrating the PHI model with SFZs numbers represents a significant advancement in decision-making frameworks reliant on expert input.Further,this combination serves as a comprehensive tool for decision-makers,enabling them to achieve heightened levels of consensus while concurrently assessing the reliability of expert contributions.The case study results demonstrate the PHI model’s utility in resolving complex decision-making scenarios,showcasing its ability to improve consensus-building processes and enhance decision outcomes.Additionally,the comparative analysis highlights the superiority of the integrated approach over traditional methodologies,underscoring its potential to revolutionize decision-making practices in uncertain environments.

Numerical investigation on MHD Jeffery-Hamel nanofluid flow with different nanoparticles using fuzzy extension of generalized dual parametric homotopy algorithm

This study considers an MHD Jeffery-Hamel nanofluid flow with distinct nanoparticles such as copper,Al_(2)O_(3)and SiO_(2)between two rigid non-parallel plane walls with the fuzzy extension of the generalized dual parametric homotopy algorithm.The nanofluids have been formulated to enhance the thermophysical characteristics of fluids,including thermal diffusivity,conductivity,convective heat transfer coefficients and viscosity.Due to the presence of distinct nanofluids,a change in the value of volume fraction occurs that influences the velocity profiles of the flow.The short value of nanoparticles volume fraction is considered an uncertain parameter and represented in a triangular fuzzy number range among[0.0,0.1,0.2].A novel generalized dual parametric homotopy algorithm with fuzzy extension is used here to study the fuzzy velocities at various channel positions.Finally,the effectiveness of the proposed approach has been demonstrated through a comparison with the available results in the crisp case.

Exploring Taiwan’s China Landscape Painting Aesthetic Preferences Through Evaluation Grid Method and the Continuous Fuzzy Kano Model

The primary objective of this study is to apply the Evaluation Grid Method(EGM)and the continuous fuzzy Kano quality model to explore the cognitive preferences of Taiwan China residents regarding the beauty of Taiwan’s China landscape paintings.The aim is to contribute to the development of social and cultural art and promote the widespread appeal of art products.Through a literature review,consultations with aesthetic experts,and the application of Miryoku Engineering’s EGM,this paper consolidates the factors that contribute to the attractiveness of painting art products among Taiwan China residents,taking into account various aesthetic qualities.Simultaneously,the paper introduces the use of the triangular fuzzy golden ratio scale semantics,specifically the equal-ratio aesthetic scale semantics,as a replacement for the traditional subjective consciousness model.Departing from the traditional discrete Kano model that employs the mode as the standard for evaluating quality,this study applies triangular fuzzy numbers to the continuous Kano quality model to analyze the diverse preferences and evaluation standards of the public.The hope is that this research methodology will not only deepen Taiwan China residents’understanding and aesthetic literacy of painting art but also serve as a reference for the popularization of art products.

River Health Assessment Based on Fuzzy Matter-element Model

[Objective] The study aimed to assess the health state of rivers by using fuzzy matter-element model.[Method] Based on fuzzy matter-element analysis theory,the assessment model of river health was established,then a modified method to calculate the superior subordinate degree was put forward according to Hamming distance.Afterwards,a multi-level evaluation model,which contained the assessment indicators about hydrological features,ecological characteristics,environmental traits and service function,was set up based on this method above.Finally,the model was applied in the health assessment of Qinhuai River.[Result] The health state of Qinhuai River was at medium level.This assessment result was consistent with that of comprehensive index method,and it showed that the multi-level fuzzy matter-element model was effective in the assessment of river health.[Conclusion] The research provided an effective method to evaluate the state of river health.

Optimizing selection of bridge raft based on fuzzy matter-element model and combination weighting

It＇ s a necessary selection to support the maneuver across Yangtze River by floating bridge constructed by portable steel bridge and civilian ships. It is a comprehensive index for the scheme of bridge raft, containing a variety of technical factors and uncertainties. The optimization is the selection in the constructing time, quantity of equipments and man power. Based on the calculation result of bridge rafts, an evaluating system is established, consisting of index of spacing between interior bays, raft length, truss numbers, operation difficulty and maximal bending stress. A fuzzy matter element model of optimizing selection of bridge rafts was built up by combining quantitative analysis with qualitative analysis. The method of combination weighting was used to calculate the value of weights index to reduce the subjective randomness. The sequence of schemes and the optimization resuh were gained finally based on euclid approach degree. The application result shows that it is simple and practical.

Fuzzy Inventory Model under Selling Price Dependent Demand and Variable Deterioration with Fully Backlogged Shortages

The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.

Dynamic Analysis of Customer Demand Based on Intuitionistic Fuzzy Number in Product Planning

To address the fuzziness and variability in determining customer demand importance,a dynamic analysis method based on intuitionistic fuzzy numbers is proposed.First,selected customers use intuitionistic fuzzy numbers to represent the importance of each demand.Then,the preference information is aggregated using customer weights and time period weights through the intuitionistic fuzzy ordered weighted average operator,yielding a dynamic vector of the subjective importance of the demand index.Finally,the feasibility of the proposed method is demonstrated through an application example of a vibrating sorting screen.

基于AHP-Fuzzy法的海南热带海洋文化景观资源综合评价

海南热带海洋文化景观资源评价,有助于全面了解热带海洋文化景观资源的全貌,文章运用AHP层次分析法和Fuzzy模糊综合评价法来评价海南热带海洋文化景观,从景观自身价值、景观开发潜力、景观开发条件三个方面构建了海南热带海洋文化景观资源综合评价模型,运用层次分析法确定各指标的权重,得出景观自身价值的比重比较大。以两大类九小类的海南热带海洋文化景观为对象进行了模糊评价,验证了评价模型的可行性,根据得出的结论提出相应的对策建议。

基于Fuzzy法的木垒县农业土壤肥力评价

科学评价农业土壤的肥力,可为种植业结构调整和作物科学施肥提供科学依据。根据木垒县耕层土壤酸碱度和养分情况,以pH、有机质、碱解氮、有效磷、速效钾为土壤肥力指标,采用基于Fuzzy法得到的IFI值评价了木垒县农业土壤质量。结果表明,木垒县土壤含有机质14.85 g/kg、碱解氮72.10 mg/kg、有效磷14.94 mg/kg、速效钾275.07 mg/kg,pH为8.08。总体表现为土壤偏碱性,有机质和碱解氮缺乏,有效磷中等水平,速效钾极丰富。土壤肥力综合指数(IFI)平均值为0.541。木垒县农业土壤肥力英格堡乡、雀仁乡为2级,肥力较高、质量良好,其他乡镇为3级。综上,木垒县的农业土壤总体上属碱性,有机质、碱解氮、有效磷为农业土壤肥力的限制因子,pH和速效钾是主要影响因子,建议适量补充氮磷,增施有机肥。