Comparison of classical multi-criteria decision making methods with fuzzy rule-based methods on the example of investment projects evaluation

Abstract

In the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. This leads to the multi-criteria evaluation of a project. In the work one compared results of multi-criteria evaluation of the investment projects realized by using TOPSIS and AHP methods with results obtained at the use of rule-based methods, especially fuzzy reasoning techniques. To comparisons were used chosen investments in the metallurgical industry. The work finish conclusions defined on the basis carried out calculations.