A Novel Depreciation Approach in an Uncertain Environment: Interval Type-2 Fuzzy Sets in Maritime

Abstract

This study aims to propose a novel model for the determination of depreciation in an environment of uncertainty. In the study, amortization methods were revised through Interval Type-2 Fuzzy (IT2FSs), and a new approach was proposed for investors to make decisions in an environment of cash flow is uncertainty. In the study, we provide options among different depreciation alternatives in the future investment decisions of maritime companies through the revision of the straight-line depreciation method and the double-declining balance depreciation method. The fuzzy depreciation alternatives we suggest in our study are not only suitable for maritime companies, but also companies in different industries.