The analytic network processes method & fuzzy cognitive map method in decision making: a comparative study

Authors

Ling Zhang, .School of Management, Wuhan University of science and technology, P.R. China, 430081,Institute of Scientific and Technical Information of China, P.R. China, 100038
Xiaodong Qiao, School of Management, Wuhan University of science and technology, P.R. China, 430081
Lijun Zhu, Institute of Scientific and Technical Information of China, P.R. China, 100038

Abstract

Decision making problems always puzzled managers and decision makers in enterprises or organizations. There are many useful soft operation research methods could solve the complicated problem. The paper raises two classic approaches ANP (Analytical network process) and FCM (Fuzzy cognitive map). Those two methods have some similarities and differences. In thus, according to different decision problems, people could compare the two approaches’ characteristics and choose the best tool to deal with the problems. At the end of the paper, a case study has been given for us.

Recommended Citation

Zhang, Ling; Qiao, Xiaodong; and Zhu, Lijun, "The analytic network processes method & fuzzy cognitive map method in decision making: a comparative study" (2014). WHICEB 2014 Proceedings. 15.
https://aisel.aisnet.org/whiceb2014/15