A New Fuzzy Extension of the Simple WISP Method

Abstract

The purpose of this article is to introduce to the literature a new extension of the Simple WISP method adapted for utilizing the triangular fuzzy numbers. This extension is proposed to allow the use of the Simple WISP method for addressing decision-making problems related to uncertainties and inaccuracies, as well as for solving problems related to predictions. In addition, this article also discusses the use of linguistic variables to collect the attitudes of the respondents, as well as their transformation into appropriate triangular fuzzy numbers. The article discusses the use of two defuzzification procedures. The first normalization procedure is easy to use, while the second procedure uses the advantages that the application of asymmetric fuzzy numbers gives in terms of analysis. The usability of the proposed extension is presented through two examples.