A fuzzy MADM method for solving A/R collection instruments selection problem

The aim of this paper is to propose a ranking method for solving the account receivable (A/R) collection instrument selection problem in the international trade Under the fuzzy multiple attribute decision-making (MADM) environment. The representation of multiplication operation on fuzzy numbers is useful for decision makers who are in the fuzzy multiple attribute decision-making environment to rank all candidate A/R collection instruments and choose the best one. Based on the graded mean integration representation method, this paper proposes the representation Of Multiplication operation on fuzzy numbers. Finally this representation of multiplication operation on fuzzy numbers is applied to solving ail A/R collection instrument selection problem in the international trade. By this representation of multiplication operation on fuzzy numbers, the decision maker can determine quickly the ranking order of all candidate A/R collection instruments and then select easily the best one.