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Green Logistic Provider Selection with a Hesitant Fuzzy Linguistic Thermodynamic Method Integrating Cumulative Prospect Theory and PROMETHEE

Author

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  • Huchang Liao

    (Business School, Sichuan University, Chengdu 610064, China
    Department of Computer Science and Artificial Intelligence, University of Granada, E-18071 Granada, Spain)

  • Di Wu

    (Business School, Sichuan University, Chengdu 610064, China)

  • Yulong Huang

    (Business School, Sichuan University, Chengdu 610064, China)

  • Peijia Ren

    (Business School, Sichuan University, Chengdu 610064, China)

  • Zeshui Xu

    (Business School, Sichuan University, Chengdu 610064, China)

  • Mohit Verma

    (CSIR-Structural Engineering Research Centre, Chennai 600113, India)

Abstract

In the process of evaluating the green levels of cold-chain logistics providers, experts may hesitate between several linguistic terms rather than give precise values over the alternatives. Due to the potential profit and risk of business decisions, decision-making information is often based on experts’ expectations of programs and is expressed as hesitant fuzzy linguistic terms. The consistency of evaluation information of an alternative can reflect the clarity of the alternative in the mind of experts and its own controversy. This paper proposes a method to use the value transfer function in the cumulative prospect theory to convert the original hesitant fuzzy linguistic terms into evaluation information based on reference points. We also introduce the parameters related to the disorder of the system in the hesitant fuzzy thermodynamic method to describe the quantity and quality characteristics of the alternatives. In these kinds of multi-criteria decision-making problems, the weights of criteria are of great importance for decision-making results. Considering the conflicting cases among criteria, the weights were obtained by utilizing the PROMETHEE method. An illustrative example concerning green logistics provider selection was operated to show the practicability of the proposed method.

Suggested Citation

  • Huchang Liao & Di Wu & Yulong Huang & Peijia Ren & Zeshui Xu & Mohit Verma, 2018. "Green Logistic Provider Selection with a Hesitant Fuzzy Linguistic Thermodynamic Method Integrating Cumulative Prospect Theory and PROMETHEE," Sustainability, MDPI, vol. 10(4), pages 1-16, April.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:4:p:1291-:d:142536
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    References listed on IDEAS

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    2. Aleksandra Król & Jerzy Księżak & Elżbieta Kubińska & Stelios Rozakis, 2018. "Evaluation of Sustainability of Maize Cultivation in Poland. A Prospect Theory—PROMETHEE Approach," Sustainability, MDPI, vol. 10(11), pages 1-19, November.
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    7. Junping Tian & Zheng Huo & Fengjiao Ma & Xing Gao & Yanbin Wu, 2019. "Application and Selection of Remediation Technology for OCPs-Contaminated Sites by Decision-Making Methods," IJERPH, MDPI, vol. 16(11), pages 1-15, May.
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    9. Jianghong Zhu & Yanlai Li, 2018. "Green Supplier Selection Based on Consensus Process and Integrating Prioritized Operator and Choquet Integral," Sustainability, MDPI, vol. 10(8), pages 1-22, August.
    10. Xiaobing Yu & Hong Chen & Zhonghui Ji, 2019. "Combination of Probabilistic Linguistic Term Sets and PROMETHEE to Evaluate Meteorological Disaster Risk: Case Study of Southeastern China," Sustainability, MDPI, vol. 11(5), pages 1-13, March.
    11. Prabha Bhola & Alexandros-Georgios Chronis & Panos Kotsampopoulos & Nikos Hatziargyriou, 2023. "Business Model Selection for Community Energy Storage: A Multi Criteria Decision Making Approach," Energies, MDPI, vol. 16(18), pages 1-30, September.
    12. R. Krishankumar & K. S. Ravichandran & J. Premaladha & Samarjit Kar & Edmundas Kazimieras Zavadskas & Jurgita Antucheviciene, 2018. "A Decision Framework under a Linguistic Hesitant Fuzzy Set for Solving Multi-Criteria Group Decision Making Problems," Sustainability, MDPI, vol. 10(8), pages 1-21, July.

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