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author:

Ding, Quanyu (Ding, Quanyu.) [1] | Wang, Ying-Ming (Wang, Ying-Ming.) [2] (Scholars:王应明) | Goh, Mark (Goh, Mark.) [3]

Indexed by:

EI Scopus SCIE

Abstract:

This paper studies the optimal selection of planting Chinese Herbal Medicine (CHM), which has many attributes and stakeholders, and where some assessment information cannot be obtained directly from the official websites. The assessment information is categorized into two groups: precise and interval numbers that can be obtained from the official sites, and precise information obtained through expert surveys and questionnaires. A three-step group decision-making mechanism is proposed for the CHM problem. First, an analytical method based on in-terval evidence reasoning is formed to unify different forms of information into the same interval belief structure. Next, a model based on the geometric area method is formed to obtain the weights of the attributes. Third, the extended interval regret theory is used to rank the alternative solutions. Applying perceived utility value and the ranking of the alternatives, an optimal solution for planting CHM is found. Comparative and sensitivity analyses highlight the flexibility and reliability of the suggested solution. By evaluating the various parameters, decision -makers in CHM can prioritize their decisions for maximal benefit.

Keyword:

Chinese herbal medicine Interval evidential reasoning Interval regret theory MADM

Community:

  • [ 1 ] [Ding, Quanyu]Zhejiang Gongshang Univ, Sch Management & Ebusiness, Hangzhou 310018, Zhejiang, Peoples R China
  • [ 2 ] [Wang, Ying-Ming]Fuzhou Univ, Key Lab Spatial Data Min & Informat Sharing, Minist Educ, Fuzhou 350116, Fujian, Peoples R China
  • [ 3 ] [Goh, Mark]Natl Univ Singapore, NUS Business Sch, Singapore, Singapore
  • [ 4 ] [Goh, Mark]Natl Univ Singapore, Logist Inst Asia Pacific, Singapore, Singapore

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Source :

EXPERT SYSTEMS WITH APPLICATIONS

ISSN: 0957-4174

Year: 2023

Volume: 231

7 . 5

JCR@2023

7 . 5 0 0

JCR@2023

ESI Discipline: ENGINEERING;

ESI HC Threshold:35

JCR Journal Grade:1

CAS Journal Grade:2

Cited Count:

WoS CC Cited Count: 1

SCOPUS Cited Count: 1

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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