An extended compromise ratio model with an application to reservoir flood control operation under an interval-valued intuitionistic fuzzy environment

This paper presents a novel multiple attribute group decision-making (MAGDM) model based on the compromise ratio method under an interval-valued intuitionistic fuzzy (IVIF) environment. The compromise ratio method under uncertainty is introduced by a group of experts based on the concept that the chosen alternative should be as close as possible to the IVIF-positive-ideal point and as far away from the IVIF-negative-ideal point as possible concurrently. First, an IVIF-weighted geometric averaging (IVIFWGA) operator is employed to aggregate all individual IVIF-decision matrices provided by a group of experts into a collective IVIF-decision matrix. Two new basic IVIF-operations are introduced to handle the evaluation process. Then, an extended collective index in an IVIF environment is proposed to discriminate among alternatives for the evaluation process in terms of subjective and objective information. Finally, to demonstrate the suitability and applicability of the proposed IVIF-MAGDM model, an application example of reservoir flood control operation is given from the recent literature.