Fuzzy capital rationing model

✍ Scribed by E. Bas; C. Kahraman

• Publisher: Elsevier Science
• Year: 2009
• Tongue: English
• Weight: 911 KB
• Volume: 224
• Category: Article
• ISSN: 0377-0427
• DOI: 10.1016/j.cam.2008.05.044

✦ Synopsis

In this paper, we study the fuzzification of Weingartner's pure capital rationing model and its analysis. We develop a primal-dual pair based on t-norm/t-conorm relation for the constraints and objective function for a fully fuzzified pure capital rationing problem except project selection variables. We define the α-interval under which the weak duality is proved. We perform sensitivity analysis for a change in a budget level or in a cash flow level of a non-basic as well as a basic variable. We analyze the problem based on duality and complementary slackness results. We illustrate the proposed model by computational analysis, and interpret the results.