Applied Mathematics and Nonlinear Sciences
Journal license

Journal

Applied Mathematics and Nonlinear Sciences


Volume
& Issue

Volume 6, Issue 2


Published
on

November 22, 2021


Pages

313-322


DOI

Article

Multi-attribute Decision Method Based on Normal Random Variable in Economic Management Risk Control

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Authors

Xuesong Hu Affiliation:
Shangqiu polytechnic, Shangqiu 476000, China


Abstract

This article proposes a distribution function based on normal distribution to express the distribution of criterion values in the interval. This method considers that the economic evaluation target of investment projects is multi-attribute. The economic management risk control environment is divided into information environment, time and space environment, and subject environment. The paper gives the corresponding multi-attribute economic evaluation method for the six possible combinations of project risk environments under the possibility of mutual comparison between interval numbers under the normal distribution. In the end, an example is used to illustrate the practicability and simplicity of the decision-making method.


Keywords

Multiple attribute decision making, standard random variables, economic management, risk control, time-series decision making, group decision making, 60G50


Citation

Hu, X. (2021). Multi-attribute decision method based on normal random variable in economic management risk control. Applied Mathematics and Nonlinear Sciences, 6(2), 313–322. https://doi.org/10.2478/amns.2021.2.00091

Published by: Engineering Journals

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