SINGLE -VALUED PYTHAGOREAN FUZZY NET PRESENT WORTH ECONOMIC ANALYSIS UNDERCAPITAL BUDGETING TECHNIQUES

Abstract

Capital budgeting techniques are used to determine an equivalent value for each flows of an investment project to decide whether it is profitable or not. In this paper, present worth analysis is done using single valued Pythagorean fuzzy sets to increase the uncertainty taken into account in the economic analysis. Also fuzzy capital budgeting techniques that are fuzzy net present worth, fuzzy net future worth and fuzzy net annual worth are extended using Pythagorean fuzzy sets. An illustration for the calculation is also presented.