DEVELOPING A MULTI-CRITERIA DECISIONMAKING MODEL FOR INVESTMENT PROJECT SELECTION IN TEXTILE ENTERPRISES
DOI:
https://doi.org/10.5281/zenodo.21618449Abstract
This article develops a multi-criteria decision-making model for selecting investment projects
in textile enterprises. The research integrates the Analytic Hierarchy Process, entropy weighting, TOPSIS, and
fuzzy logic into a unified methodological framework for project evaluation. Financial, technological, operational,
strategic, and sustainability criteria are systematically incorporated to support comprehensive investment
assessment. The findings demonstrate that combining subjective expert judgments with objective project
data improves the quality of investment decisions, promotes more efficient capital allocation, and strengthens
the competitiveness of textile enterprises. Furthermore, the study substantiates the practical applicability of
the proposed model and highlights its significance for enhancing investment management and supporting
sustainable industrial development.
Keywords
textile enterprises, investment projects, multi-criteria decision making, Analytic Hierarchy Process, TOPSIS, entropy weighting, fuzzy logic, investmentsReferences
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