A Data Pre-Processing Model for the TOPSIS Method Cover Image

A Data Pre-Processing Model for the TOPSIS Method
A Data Pre-Processing Model for the TOPSIS Method

Author(s): Andrzej Kobryń, Joanna Prystrom
Subject(s): Economy, ICT Information and Communications Technologies
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: multi-criteria decision making; the TOPSIS method

Summary/Abstract: TOPSIS is one of the most popular methods of multi-criteria decision making (MCDM). Its fundamental role is the establishment of chosen alternatives ranking based on their distance from the ideal and negativeideal solution. There are three primary versions of the TOPSIS method distinguished: classical, interval and fuzzy, where calculation algorithms are adjusted to the character of input rating decision-making alternatives (real numbers, interval data or fuzzy numbers). Various, specialist publications present descriptions on the use of particular versions of the TOPSIS method in the decision-making process, particularly popular is the fuzzy version. However, it should be noticed, that depending on the character of accepted criteria – rating of alternatives can have a heterogeneous character. The present paper suggests the means of proceeding in the situation when the set of criteria covers characteristic criteria for each of the mentioned versions of TOPSIS, as a result of which the rating of the alternatives is vague. The calculation procedure has been illustrated by an adequate numerical example.

  • Issue Year: 16/2016
  • Issue No: 2
  • Page Range: 219-235
  • Page Count: 17
  • Language: English