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Business Analytics

2011

Fuzzy TOPSIS

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An Integrated Fuzzy Topsis Method For Ranking Alternatives And Its Application, Ji-Feng Ding Aug 2011

An Integrated Fuzzy Topsis Method For Ranking Alternatives And Its Application, Ji-Feng Ding

Journal of Marine Science and Technology

The main purpose of this paper is to develop an integrated fuzzy technique for order preference by similarity to ideal solution (TOPSIS) method to improve the quality of decisionmaking for ranking alternatives. The proposed fuzzy TOPSIS method mainly accounts for the classification of criteria, the integrated weights of criteria and sub-criteria, and the performance values of decision matrix. In this model, the criteria are classified into subjective criteria and objective ones. The fuzzy analytic hierarchy process approach and the entropy weighting method are used to solve the subjective weights and objective ones. In addition, the adjusted integration weights are measured …