Ranking methods of single valued neutrosophic numbers and its applications to multiple criteria decision making

Abstract

Decision making is a very important and actual process. It is exactly as such the most important to managers to whom it is a primary task. Taking into account the more possibilities of the action lines that can be implemented, the outcome of the decision-making process must be the solution of this situation, i.e., defining the directions for further action. The rapid development of the field of multiple-criteria decision making (MCDM), as one of the extremely important areas of operational research, has contributed to the development of many multiple-criteria decision-making methods. Therefore, the main objective of this article is to point out the usability of single-valued neutrosophic sets in solving multiple criteria decisionmaking problems. Three approaches for ranking of single-valued neutrosophic numbers are presented in the article, and its usability is demonstrated in numerical illustration.