Grey theory, VIKOR and TOPSIS Approaches

grey theory, vikor and topsis approaches

abstract this author introduces the concept of stepwise strategy approach (ssa) for dealing with a number of problems arises in the current age of technology. this new idea is combined with the knowledge of grey theory for adding flexibility to decision making process. grey theory is useful for grasping the ambiguity exists in the utilized information and the fuzziness appears in the human judg...

Yazılım Kalitesinin Karşılaştırılmasında TOPSIS VIKOR Yönteminin Uygulanması

Ranking of Banks in Terms of Providing Electronic Services Using Two Approaches TOPSIS and VIKOR

Abstract The intensification of the competitive environment between financial and credit institutions and the provision of new financial services in order to retain and attract customers, has made the use of more efficient electronic banking tools an inevitable necessity. Therefore, the present study intends to rank banks in terms of the efficiency of electronic services. In order to achi...

Compromise solution by MCDM methods: A comparative analysis of VIKOR and TOPSIS

The multiple criteria decision making (MCDM) methods VIKOR and TOPSIS are based on an aggregating function representing ‘‘closeness to the ideal’’, which originated in the compromise programming method. In VIKOR linear normalization and in TOPSIS vector normalization is used to eliminate the units of criterion functions. The VIKOR method of compromise ranking determines a compromise solution, p...

Application of SMART, TOPSIS, and VIKOR Systems in Joint Admission Control

Joint Admission Control (JAC) handles the admis-sion of all new or handoff service requests in the mod-ern heterogeneous networks and allocates the required resources and guarantees the QoS constraints for the service. JAC is a multicriteria problem in nature, and the usage of MCDM system is mandatory to decrease the influence of the dissimilar, imprecise, and contra-dictory measurements for th...

Evaluating Emergency Response Solutions for Sustainable Community Development by Using Fuzzy Multi-Criteria Group Decision Making Approaches: IVDHF-TOPSIS and IVDHF-VIKOR

Junling Zhang 1,2,*, Gajanan G. Hegde 2, Jennifer Shang 2 and Xiaowen Qi 2,3 1 College of Economics and Management, Zhejiang Normal University, Jinhua 321004, China 2 Katz Graduate School of Business, University of Pittsburgh, Pittsburgh, PA 15260, USA; [email protected] (G.G.H.); [email protected] (J.S.); [email protected] (X.Q.) 3 College of Business Administration, Zhejiang Universit...