American Journal of Business and Operations Research
AJBOR
2692-2967
2770-0216
10.54216/AJBOR
https://www.americaspg.com/journals/show/1418
2018
2018
Multi-criteria Decision Making based on EDAS Approach for Business Risk Assessment in Electricity Retail Companies
Faculty Of Computers And Informatics, Zagazig University, Zagazig, 44519, Egypt
Mahmoud
Ibrahim
Faculty Of Computers And Informatics, Zagazig University, Zagazig, 44519, Egypt
Shereen
..
Head Of Decision Support Department, Faculty Of Computers And Informatics, Zagazig University, Zagazig, 44519, Egypt
Mahmoud M.
Ismail
This paper introduce a multi- criteria decision making (MCDM) perfect to assess business risk in electricity retail company to decrease risk loss and mange risks of business. The evaluation of business risk in electricity company included many conflicting criteria such as risk of political, risk of economic, and risk of market. So, this paper presented an Evaluation based on distance from average solution (EDAS) MCDM method to compute the weights of these criteria and rank the alternatives. Distances between each option and the mean answer on each criteria form the basis of EDAS. It expedites the decision-making process by streamlining the computation of distances to the deal solution. But in this evaluation, there are many imperfect and unclear data. So, the neutrosophic sets is presented to overcome this vague information. The interval valued neutrosophic sets (IVNSs) is a type of neutrosophic sets is presented in this work.
2022
2022
16
23
10.54216/AJBOR.080102
https://www.americaspg.com/articleinfo/1/show/1418