The expected value of a fuzzy number
Fuzzy Sets and Systems
Evolutionary computation: toward a new philosophy of machine intelligence
Evolutionary computation: toward a new philosophy of machine intelligence
A general form for the capital projects sequencing problem
Proceedings of the 21st international conference on Computers and industrial engineering
Fuzzy Sets and Systems
Theory and Practice of Uncertain Programming
Theory and Practice of Uncertain Programming
Capital budgeting techniques using discounted fuzzy versus probabilistic cash flows
Information Sciences—Informatics and Computer Science: An International Journal - Special issue: Intelligent information systems and applications
A survey of credibility theory
Fuzzy Optimization and Decision Making
A fuzzy approach to R&D project portfolio selection
International Journal of Approximate Reasoning
Chance-constrained programming models for capital budgeting with NPV as fuzzy parameters
Journal of Computational and Applied Mathematics
Fuzzy multilevel programming with a hybrid intelligent algorithm
Computers & Mathematics with Applications
Information Sciences: an International Journal
Expected value of fuzzy variable and fuzzy expected value models
IEEE Transactions on Fuzzy Systems
Convergent results about the use of fuzzy simulation in fuzzy optimization problems
IEEE Transactions on Fuzzy Systems
Optimal project selection when borrowing and lending rates differ
Mathematical and Computer Modelling: An International Journal
Expert Systems with Applications: An International Journal
SpringSim '10 Proceedings of the 2010 Spring Simulation Multiconference
Computers and Industrial Engineering
Optimal multinational capital budgeting under uncertainty
Computers & Mathematics with Applications
Fuzzy net present values for capital investments in an uncertain environment
Computers and Operations Research
| Hi-index | 0.00 |
In an uncertain economic environment, it is usually difficult to predict accurately the investment outlays and annual net cash flows of a project. In addition, available investment capital sometimes cannot be accurately given either. Fuzzy variables can reflect vagueness of these parameters. In this paper, capital budgeting problem with fuzzy investment outlays, fuzzy annual net cash flows and fuzzy available investment capital is studied based on credibility measure. One new mean-variance model is proposed for optimal capital allocation. A fuzzy simulation-based genetic algorithm is provided for solving the proposed optimization problem. One numerical example and an experiment are also presented to show the optimization idea and the effectiveness of the algorithm.