"Ecological Efficiency Evaluation in Petrochemical Enterprises Using Pl" by Hailing Chen and Dingqun Zhang
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Neutrosophic Sets and Systems

Abstract

The application of the ecological carrying capacity theory to the assessment of petrochemical companies' eco-efficiency is the main goal of this article. This study deviates from previous research that examines company eco-efficiency from a strategic and behavioral incentive standpoint. This study uses the multiple-criteria decision-making (MCDM) approach, considering both qualitative and quantitative factors. Plithogenic sets are used to compute expert importance levels in a decision support system for choosing Petrochemical Enterprises. The suggested plithogenic-based alternative ranking methodology based on adaptive standardized intervals (ARTASI) method is used to determine the ranking of Petrochemical Enterprises. The plithogenic-ARTASI model is a combination of these techniques. For this hybrid model, an algorithm is also created. The plithogenic-ARTASI hybrid model's suitability for Petrochemical Enterprises performance calculations is illustrated through a case study. Tests of robustness are conducted using a variety of sensitivity analysis scenarios. The study's findings show that plithogenic ARTASI is reliable and relevant. In-depth managerial consequences are discussed and given.

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