Investment analysis using neutrosophic present and future worth techniques

Aydin S., KABAK M.

JOURNAL OF INTELLIGENT & FUZZY SYSTEMS, vol.38, no.1, pp.627-637, 2020 (SCI-Expanded) identifier identifier

  • Publication Type: Article / Article
  • Volume: 38 Issue: 1
  • Publication Date: 2020
  • Doi Number: 10.3233/jifs-179436
  • Journal Name: JOURNAL OF INTELLIGENT & FUZZY SYSTEMS
  • Journal Indexes: Science Citation Index Expanded (SCI-EXPANDED), Scopus, Academic Search Premier, Aerospace Database, Applied Science & Technology Source, Business Source Elite, Business Source Premier, Communication Abstracts, Compendex, Computer & Applied Sciences, INSPEC, Metadex, zbMATH, Civil Engineering Abstracts
  • Page Numbers: pp.627-637
  • Keywords: Investment analysis, present worth analysis, future worth analysis, neutrosophic sets, fuzzy sets, FUZZY, ALTERNATIVES, VALUATION, SYSTEMS
  • Gazi University Affiliated: Yes

Abstract

Investment analysis is a process of choosing the best alternative among investment alternatives that provide the best fit for a company. The process contains uncertainty, vagueness, fuzziness and insufficient data; therefore, this evaluating process needs experts' knowledge and judgments. Fuzzy set theory is a useful technique to capture experts' evaluations. This paper proposes the new present worth and future worth analysis techniques with single valued neutrosophic set. The proposed techniques allow using possible values of alternatives' data and membership function of alternatives assigned by experts. The techniques provide the literature with a new multiplication operator and a new term under the name "neutrosophic equivalent". An illustrative example shows the applicability of the techniques. Comparison analyses are realized with classical and simplified neutrosophic present and future worth techniques. The comparison results show that the proposed techniques overcome investment analysis problems effectively and efficiently.