Article ID Journal Published Year Pages File Type
4630155 Applied Mathematics and Computation 2011 10 Pages PDF
Abstract

TOPSIS is a multi-attribute decision making (MADM) technique for ranking and selection of a number of externally determined alternatives through distance measures. When the collected data for each criterion is interval and the risk attitude for a decision maker is unknown, we present a new TOPSIS method for normalizing the collected data and ranking the alternatives. The results show that the decision maker with different risk attitude ranks the different alternatives.

Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
Authors
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