Integrated MEREC-CoCoSo approach using score function ofNeutrosophic for location selection of special economic zone
Special economic zones (SEZs) are essential if a developing country is to boost economic growth. The selection of an SEZ site might be viewed as a multi-criteria decision-making (MCDM) difficulty because of the many conflicting aspects connected to different locations. This work presents a flexible...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of New Mexico
2024-11-01
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| Series: | Neutrosophic Sets and Systems |
| Subjects: | |
| Online Access: | https://fs.unm.edu/NSS/54IntegratedMEREC-CoCoSo.pdf |
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| Summary: | Special economic zones (SEZs) are essential if a developing country is to boost economic growth. The selection of an SEZ site might be viewed as a multi-criteria decision-making (MCDM) difficulty because of the many conflicting aspects connected to different locations. This work presents a flexible neutrosophic MCDM approach for optimal SEZ site search. The single-valued neutrosophic sets transform the qualitative evaluation of the criteria for SEZ alternatives into a quantitative evaluation. The method based on removal effect on criteria (MEREC) approach is improved in a neutrosophic environment to ascertain the relevance of every characteristic of SEZ alternatives. We suggested a three-tuple neutrosophic combined compromised solution (N-CoCoSo) to evaluate the choice of expert to solve the SEZ site ranking problem. According to the planned N-CoCoSo, coastal forest regions are the worst location for SEZ sites; agricultural land near coastal areas is ideal. The sensitivity and comparability study helps establish the suggested method’s consistency and resilience. |
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| ISSN: | 2331-6055 2331-608X |