A novel depreciation approach in an uncertain environment: interval type-2 fuzzy sets in the maritime industry

This study aims to propose a novel model for the determination of depreciation in an environment of uncertainty. In the study, amortization methods were modified through interval type-2 fuzzy, and a new approach was proposed to help investors make decisions in an environment of cash flow uncertainty. We provide options among different depreciation alternatives for 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.

Automated summary

This study proposes a novel model for determining depreciation in an uncertain environment, making use of interval type-2 fuzzy and offering alternative options for investors' decisions.