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Topsis method
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The objective of this study was to select the suitable warehouse location, which is the focus for business organisations that buy, produce, and store the agricultural products of grass flowers, by using the Multiple Criteria Decision Making theory (MCDM). Three methods were used, which were the Simple Additive Weighting (SAW), Analytic Hierarchy Process (AHP), and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS).
8p
longtimenosee09
08-04-2024
7
2
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This paper introduces the results of a multi-criteria decision making (MCDM) study when CBN grinding SKD11 tool steel in a CNC milling machine. In this work, the TOPSIS method was applied to solve the MCDM problem, and the Entropy method was used to find the weight of criteria.
6p
viwarmachine
01-07-2023
6
2
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The findings of a study on the application of the MCDM technique to select the best input parameters in wire-cut electrical discharge machining (wire-cut EDM) 90CrSi tool steel are presented in this paper.
7p
viwmotors
02-12-2022
10
4
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Public–Private Partnership (PPP) has emerged as an effective procurement in delivering infrastructure and public service in many countries over the world since last few decades. It brought more benefits for sustainable development compared to traditional procurement in many developing countries. However, in order to determine whether a project is successful or not has still remained an ambiguous perception. Therefore, this study will rank the successful level for PPP transportation infrastructure projects in Vietnam via case studies.
16p
kequaidan6
11-07-2020
31
2
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This study aims to develop simulation tools to recommend N, P, and K fertilizer doses for lowland rice in Indonesia. Modeling criteria for decision making with the Fuzzy MCDM and TOPSIS methods used to determine the chosen alternative solutions.
8p
lucastanguyen
01-06-2020
15
2
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In this paper, we introduce a multi-criteria decision making method, which helps us rank different projects in terms of investment. The proposed study considers different investment factors including net present value, rate of return, benefit-cost analysis and payback period along with the intensity of green gas effects for ranking the present oil and gas projects in Canada.
6p
kelseynguyen
27-05-2020
18
5
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This paper presents a multi-criteria decision making method for contractor selection. The proposed study uses six criteria, namely; Experience, Financial stability, Quality performance, Manpower resources, Equipment resources and Current workload for evaluating different contractors.
6p
kelseynguyen
27-05-2020
19
4
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This paper presents a survey for project selection using multiple criteria decision making techniques. The study considers 60 papers from over the period 1980-2017. The results of the survey have indicated that integration of Order of Preference by Similarity to Ideal Solution (TOPSIS) and analytical hierarchy process/analytical network process was the most popular techniques for project selection followed by VIKOR method.
10p
kelseynguyen
27-05-2020
9
3
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In this article, by choosing agriculture sector as a case study, an attempt has been made to study the evaluation, ranking and management of projects with investment classifying strategy of the projects using Delphi, TOPSIS and AHP methods.
16p
kelseynguyen
27-05-2020
12
2
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This paper presents the application of the new method in the process of making the decisions on the scooters selection. The Fuzzy AHP method was used to obtain the weight coefficients of criteria, on the basis of which the alternatives were evaluated.
8p
kelseynguyen
28-05-2020
21
1
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A new flexible and adjustable model which is based on an Intuitionistic Fuzzy TOPSIS model with an exponential-related function and intuitionistic fuzzy entropy method has been presented and apply in this study.
10p
kelseynguyen
28-05-2020
11
0
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In real world multi criteria decision making (MCDM) problem, it is tough to solve a decision matrix with vague and imprecise data. The degree of impreciseness depends on the kind of data available.
10p
kelseynguyen
28-05-2020
10
0
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The present article focuses on a new approach to categorize inventory items using Modified similarity-based method. The proposed method is applied to the inventory data of raw materials from a renowned conveyor belt manufacturing company of West Bengal, India.
16p
tohitohi
22-05-2020
16
0
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The aim of this paper is to apply the technique for order preference by similarity to ideal solution (TOPSIS) as a multi-criteria decision making tool to form the all-time best World XI Test cricket team while taking into consideration over 2600 cricketers participated in Test matches for more than 100 years of cricket history.
14p
tohitohi
22-05-2020
18
0
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Economic performance evaluation problem consists many criteria and sub criteria. Therefore it is a kind of multi-criteria decision making (MCDM) problem. It is very important for a country to monitor performance parameters in order to ensure that appropriate and timely decisions and plans can be made. Suitable performance measures can ensure that governments adopt a long-term perspective and allocate the country’s resources to the most effective activities. Fragile five (F5) countries namely Brazil, Turkey, India, Indonesia and South Africa have large and fast growing economies.
17p
trinhthamhodang2
21-01-2020
58
1
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Forecasting plays a major role in financial planning and it is an essential analytical tool in banks‟ strategies. In recent years, researchers are developing new techniques for estimation. Financial performance evaluation of banks is a kind of multi-criteria decision making (MCDM) problem which has developed rapidly. It is very important for a firm to monitor a wide range of performance indicators in order to ensure that appropriate and timely decisions and plans can be made.
31p
chauchaungayxua2
04-01-2020
24
2
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There is no denial of the fact that performance evaluation is a critical managerial attempt in any organization especially financial institutions such as banks. MCDM methods have been utilized as efficient and common tools in many fields such as finance and economy and attract significant attention from public and financial regulators. The numerous opinions and enormous criteria associated with bank performance evaluation confines the implication of any single objective model. Therefore, multi-criteria decision making approach has been applied for this purpose.
19p
chauchaungayxua2
04-01-2020
17
1
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This paper describes the possible modifications of one of the multi-criteria analysis methods that possess certain advantages in cases of solving the real business problems. We will discuss the TOPSYS method, whereas the modification reflects in change of the determination manner of the ideal and anti-ideal points in criteria environment, in standardization of quantification and fuzzycation of the attributes in cases of criteria expressed by linguistic variables.
27p
vinguyentuongdanh
19-12-2018
35
0
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This paper aims to develop a combination of Taguchi and fuzzy TOPSIS methods to solve multi-response parameter optimization problems in green manufacturing. Electrical Discharge Machining (EDM), a commonly used non-traditional manufacturing process was considered in this study.
6p
cdktkttn
02-06-2018
53
1
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This work determines optimum process parameters such as pulse on time, peak current, gap voltage and flushing pressure, which influence the micro-electro discharge machining (EDM) process during machining of Ti-6Al-4V using combined methods of response surface methodology (RSM) and fuzzy-technique for order preference by similarity to ideal solution (TOPSIS).
8p
cdktkttn
02-06-2018
39
2
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