Decision making problem is the process of finding the best option from all of the feasible alternatives. In this paper, from among multicriteria models in making complex decisions and multiple attribute models for the most preferable choice, technique for order preference by similarity to ideal solution (TOPSIS) approach has been dealt with. In real-word situation, because of incomplete or non-...

The paper investigates a technique for order preference by similarity to ideal solution (TOPSIS) method to solve multi-attribute decision making problems with bipolar neutrosophic information. We define Hamming distance function and Euclidean distance function to determine the distance between bipolar neutrosophic numbers. In the decision making situation, the rating of performance values of th...

Selection of a project among a set of possible alternatives is a difficult task that the decision maker (DM) has to face. In this paper, by using a fuzzy TOPSIS technique we propose a new method for a project selection problem. After reviewing four common methods of comparing investment alternatives (net present value, rate of return, benefit cost analysis and payback period) we use them as cri...

Considering the contemporary business settings, managers’ role is more than essential to the viability and further development of an organization. Managers should possess such skills in order to effectively cope with the competition. Multiple attributes decision making (MADM) is an approach employed to solve problems involving selection from among a finite number of alternatives. The aim of thi...

Abstract The purpose of this paper is to extend the TOPSIS (Technique for Order Performance by Similarity to Ideal Solution) method for solving multiple attribute decision making (MADM) problems with trapezoid fuzzy linguistic variables. To begin with, this paper introduces the concept of the trapezoid fuzzy linguistic variables, and defines the distance between two trapezoid fuzzy linguistic v...

With the rapid development of the national economy of China, an increasing need for transportation facilities is becoming a serious challenge that the existing traffic system has to meet. Thus, the highway transportation capacity development level assessment has important significance in theory and in practice. In order to overcome the current defects of stronger subjectivity and experience in ...

The process of multiple criteria decision making (MCDM) is of determining the best choice among all of the probable alternatives. The problem of supplier selection on which decision maker has usually vague and imprecise knowledge is a typical example of multi criteria group decision-making problem. The conventional crisp techniques has not much effective for solving MCDM problems because of imp...

Abstract: As an efficient way to deal with the global climate change and energy shortage problems, a strong, self-healing, compatible, economic and integrative smart gird is under construction in China, which is supported by large amounts of investments and advanced technologies. To promote the construction, operation and sustainable development of Strong Smart Grid (SSG), a novel hybrid framew...

There are usually more requirements than feasible given valuable ones for implementation in order to ensure the delivery of a high value system. Simple prioritization approaches like 110 ranking or MoSCoW lead to numerous ties requiring one to repeat the process for the tied items. In a previous study [1] we analyzed 17 different prioritization frameworks that could be used to perform value-bas...

This paper presents a fuzzy multiple criteria decision making (FMCDM) problem with the Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) based on the new concept of positive and negative ideal solution. Whereas decision making is a process which accuracy of data play major role to select the best alternative, considering decision making problems in fuzzy environments moti...