Evaluation of High-Quality Development of Manufacturing Industry Using a Novel Grey Dynamic Double Incentive Decision-Making Model

Author:

Yu Peng1ORCID,Yang Yingjie2,Ma Heng3,Mba David4

Affiliation:

1. College of Economics and Management, Nanjing Forestry University, Nanjing 210037, China

2. Institute of Artificial Intelligence, De Montfort University, Leicester LE1 9BH, UK

3. College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 211106, China

4. University of the Arts London, London WC1V 7EY, UK

Abstract

This paper proposes a novel grey dynamic double incentive decision-making model to evaluate the high-quality development of manufacturing industry. First, we define the concepts of the improved grey incidence analysis and power weight Heronian aggregation (PWHA) operator. Then, we present the double incentive factors and determine incentive static evaluation values. In addition, we construct the weight vector of the time series. Guided by the incentive static evaluation values and weight vector of the time series, the dynamic evaluation values are produced. Finally, a practical example of the manufacturing industry in the Yangtze River Delta (YRD) demonstrates the effectiveness and application of the proposed model.

Funder

National Social Science Foundation of China

Publisher

Hindawi Limited

Subject

General Engineering,General Mathematics

Reference29 articles.

1. Grey relational analysis model for dynamic hybrid multiple attribute decision making

2. GRA model for dynamic hybrid multiple attribute decision making

3. A novel grey incidence decision-making method embodying development tendency and its application;H. Ma;Journal of Grey System,2021

4. A dynamic group grey target decision approach with group negotiation and Orness measure constraint

5. A novel grey incidence decision-making method based on close degree and its application in manufacturing industry upgrading;P. Yu;Journal of Grey System,2020

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