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     Research Journal of Applied Sciences, Engineering and Technology

    Abstract
2012(Vol.4, Issue:20)
Article Information:

A New Optimization Model about Enterprise Equipment Investment Project based on Integrated Entropy Weight and Fuzzy Matter Element

Bai Xiaoping and Fan Jia
Corresponding Author:  Bai Xiaoping 
Submitted: December 18, 2011
Accepted: April 20, 2012
Published: October 15, 2012
Abstract:
The equipment investment scheme evaluation of enterprise is usually multi-objective optimization problem affected by many factors. Among many optimization methods, the common fuzzy matter element is based on the matter-element analysis and combined with the concepts of fuzzy mathematics, which can reflect the subjective fuzzy judgment; the common entropy weight method makes use of the judgment matrix composed of evaluation index value, Weights gotten by the common entropy weight method mainly reflects usefulness of data and can't reflect actual importance of evaluation indexes. Considering this fact, this study integrates engineering economics, reliability theory, fuzzy matter element and entropy theory presents a new optimization model about enterprise equipment investment project and also presents detailed methods and steps of application of integrated model in concrete example, which can offer the reference for project investment activity of practical enterprise equipment.

Key words:  Entropy, equipment investment, fuzzy matter element, multi-objective evaluation, optimization, subjective judgment,
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Cite this Reference:
Bai Xiaoping and Fan Jia, . A New Optimization Model about Enterprise Equipment Investment Project based on Integrated Entropy Weight and Fuzzy Matter Element . Research Journal of Applied Sciences, Engineering and Technology, (20): 3885-3890.
ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
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