Multi-Attribute Analysis of Ship Investments Under Technical Terms: A Fuzzy Extended Topsis Approach

Bulut E., Yoshida S., Duru O.

2nd International Conference on Computer and Automation Engineering (ICCAE), Singapore, Singapore, 26 - 28 February 2010, pp.193-197 identifier identifier

  • Publication Type: Conference Paper / Full Text
  • Doi Number: 10.1109/iccae.2010.5451481
  • City: Singapore
  • Country: Singapore
  • Page Numbers: pp.193-197
  • Istanbul Technical University Affiliated: Yes


This paper investigates investment analysis issue on shipping business and handling of technical terms as well as financial circumstances. Ship investments are evaluated by several financial tools such as net present value, payback period etc. However, these financial methods have restrictions for analysis of technical factors such as speed of ship, under keel distance (for entrance to further ports without limitation) etc. A fuzzy-TOPSIS method is applied for hybrid investment analysis problem and results are reported.