International Journal of Computational Intelligence Systems

<Previous Article In Issue
Next Article In Issue>
Volume 14, Issue 1, 2021, Pages 935 - 945

A MCDM Method with Linguistic Variables and Intuitionistic Fuzzy Numbers to Evaluate Product Development Projects

Authors
Chen-Tung Chen1, *, Wei-Zhan Hung2
1Department of Information Management, National United University, Miaoli, 36003, Taiwan
2Department of digital business management, Kao Yuan University, Kaohsiung City, 821 Taiwan
*Corresponding author. Email: ctchen@nuu.edu.tw
Corresponding Author
Chen-Tung Chen
Received 28 February 2020, Accepted 4 February 2021, Available Online 3 March 2021.
DOI
10.2991/ijcis.d.210222.003How to use a DOI?
Keywords
Product development projects (PDP); Linguistic variable; Intuitionistic fuzzy number; Multiple criteria decision-making (MCDM)
Abstract

The high-tech consumer goods market is a rapidly changing environment. Project evaluation and selection play important roles in an organization to increase its competitive advantages successfully. When handling new product project decision problems, it is important to collect information to make the right decision at the initial stage of product development. Past research found that managers usually only evaluate product development projects (PDP) based on a company's own resources. However, competitors can generate similar products to compete in the market. In this way, the process of PDP evaluation and selection should consider internal and external factors. In other words, it is a multiple-criteria decision-making (MCDM) problem. In addition, uncertainty and complex project evaluations are usually involved in dealing with MCDM problems. Therefore, we propose a new MCDM method by combining linguistic variables with intuitionistic fuzzy numbers (IFNs) to analyze the performance of PDPs. The proposed method is then implemented to evaluate a new kind of smartphone in order to fit with 5th generation mobile networks (5G). Finally, the conclusions and future research direction are discussed.

Copyright
© 2021 The Authors. Published by Atlantis Press B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)
View full text (HTML)

<Previous Article In Issue
Next Article In Issue>
Journal
International Journal of Computational Intelligence Systems
Volume-Issue
14 - 1
Pages
935 - 945
Publication Date
2021/03/03
ISSN (Online)
1875-6883
ISSN (Print)
1875-6891
DOI
10.2991/ijcis.d.210222.003How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - JOUR
AU  - Chen-Tung Chen
AU  - Wei-Zhan Hung
PY  - 2021
DA  - 2021/03/03
TI  - A MCDM Method with Linguistic Variables and Intuitionistic Fuzzy Numbers to Evaluate Product Development Projects
JO  - International Journal of Computational Intelligence Systems
SP  - 935
EP  - 945
VL  - 14
IS  - 1
SN  - 1875-6883
UR  - https://doi.org/10.2991/ijcis.d.210222.003
DO  - 10.2991/ijcis.d.210222.003
ID  - Chen2021
ER  -