Modification of TOPSIS method for solving of multicriteria tasks

Authors

  • Zoran Marković PE PTT Communications 'Serbia', Belgrade

DOI:

https://doi.org/10.2298/YJOR1001117M

Keywords:

decision-making, multi-criteria analyses, attributes, fuzzy attribute description

Abstract

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 TOPSIS 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.

References

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Dimitrijević, B., Popović, M., "A new fuzzy TOPSIS method", 24th Yugoslav Conference of Operations Research, Bečići, 1997.

Jovanović, P., Suknović, M., et al., Management, Faculty of Organization Science, Belgrade, 1996.

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Pavličić, D., "Normalization of Affected Values in MADM Violates the Conditions of Consistent Choice IV, DI and ALFA", Yugoslav Journal of Operational Research 10 (1) (2000) 109-122.

Pedrycz, W., and Gomide, F., An Introduction to Fuzzy Sets - Analysis and Design, Massachusetts Institute of Technology, London, 1998.

Petrović, S., Petrović, R., and Radojević, D., "A Contribution to the Application of Fuzzy Logic to Multicriteria Ranking", XIV EURO Conference, Jerusalem, 1995.

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Published

2010-03-01

Issue

Vol. 20 No. 1 (2010)

Section

Research Articles

License

Copyright (c) 2010 YUJOR

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