Gini Simpson Index for Picture Fuzzy Sets With Their Application in Multi -Attribute Decision Making Process

Abstract

In present paper, we proposed a Gini Simpson index for picture fuzzy set with their application in MADM and discuss it’s properties which are investigated in a mathematical framework. We developed an algorithm based on TODIM(An acronym in Portuguess for interactive multi-attribute decision making) which we applied ton the proposed entropy to solve the MADM problems under the picture fuzzy environment when the criteria weights are completely known. With took a numerical example on Muthoot Finance Limited to demonstrate the applicability and feasibility of the proposed approach.