A simplified description of Fuzzy TOPSIS (Technique for Order Preference by Similarity to Ideal Situation) is presented. We have adapted the TOPSIS description from existing Fuzzy theory literature and distilled the bare minimum concepts required for understanding and applying TOPSIS. An example has been worked out to illustrate the application of TOPSIS for a multi-criteria group decision maki...

One of the techniques used to support decisions in uncertain environments is the Fuzzy TOPSIS method. However, from crisp data, this method considers only one fuzzy set in their analysis, besides being a strictly mathematical optimization technique. This article proposes extensions to the original Fuzzy TOPSIS, exploring two distinct versions: to increase the method with the necessary resources...

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...

Fuzzy Technique for Order Preference by Similarly to Ideal Solution (TOPSIS) is one of the most commonly used approaches in solving numerous multiple criteria decision making problems. It has been widely used in ranking of multiple alternatives with respect to multiple criteria with the superiority of fuzzy set type-1 and subjective weights. Recently, fuzzy TOPSIS has been merged with interval ...

In this article, by using fuzzy AHP and TOPSIS technique we propose a new method for project selection problem. After reviewing four common methods of comparing alternatives investment (net present value, rate of return, benefit cost analysis and payback period) we use them as criteria in AHP tree. In this methodology by utilizing improved Analytical Hierarchy Process by Fuzzy set theory, first...

In this study, we first introduce the fuzzy sets, soft sets, fuzzy soft sets and their related properties. We then present the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) that is one of classical Multiple Attribute Decision Making (MADM) methods. We also present the Grey Relation Method. In the main part of this study, we extend the TOPSIS method on the fuzzy soft se...

Ranking competing alternatives in terms of their overall performance with respect to some criterions in fuzzy environment is possible by the use of fuzzy TOPSIS methodology using interval-valued fuzzy-sets concepts. This author presents an effective fuzzy multi-criteria method based upon the fuzzy model and the concepts of positive ideal and negative ideal solution points for prioritizing alter...

Ranking competing alternatives in terms of their overall performance with respect to some criterions in fuzzy environment is possible by the use of fuzzy TOPSIS methodology using interval-valued fuzzy-sets concepts. This author presents an effective fuzzy multi-criteria method based upon the fuzzy model and the concepts of positive ideal and negative ideal solution points for prioritizing alter...

The purpose of this article is twofold: first to introduce a multi attribute decision making model for radio frequency identification system consisting of four main criteria and five alternatives, and second to develop and solve the proposed fuzzy TOPSIS problem. Author presented an effective fuzzy multi-criteria method based upon the fuzzy model and the concepts of positive ideal and negative ...

This study simplifies the complicated metric distance method [L.S. Chen, C.H. Cheng, Selecting IS personnel using ranking fuzzy number by metric distance method, Eur. J. Operational Res. 160 (3) 2005 803–820], and proposes an algorithm to modify Chen’s Fuzzy TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) [C.T. Chen, Extensions of the TOPSIS for group decision-making und...