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26  Decision Making Applications in Modern Power Systems



              TABLE 1.7 Fuzzy with AHP approaches with the respective years [87 92].
              Sl. no.       Name                                Year
              1             Van Laarhoven and Pedrycz’s approach  1983
              2             Buckley’s approach                  1985
              3             Boender’s approach                  1989
              4             Extent analysis method by Chang     1992
              5             Entropy-based fuzzy AHP by Cheng    1996
              6             Kahraman et al.                     2004
              AHP, Analytical hierarchical process.



                                      f  k  f k  ...  f  k
                                       11  12       1j
                                      f  k  ... ...  f  k
                                   k
                                  F 5  21           2j                ð1:34Þ
                                      ...  ... ...  ...
                                       f k  f  k  ...  f k
                                       j1  j2       jj
               Step 2: Normalization of the preferences of decision maker or averaged
               value calculation
                  Let N ij be the averaged value.
                                              m
                                                f
                                             P   k
                                                 ij
                                        N ij 5  k51                   ð1:35Þ
                                               m
               where m is the total number of decision makers.
               Step 3: Update the pairwise decision matrix
                  Based on the average value calculated, the matrix is updated. It is
               given by
                                       2      ...    3
                                         N 11     N 1j
                                   F 5  4  ^  &    ^  5               ð1:36Þ
                                              ...
                                         N j1     N jj
               Step 4: Calculation of geometric mean of the normalized values
                  Let G i be the geometric mean.
                                          "     # 1=n
                                            n
                                      G i 5 L N ij                    ð1:37Þ
                                            j51
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