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. I...

A new deployment of the multiple criteria decision making (MCDM) techniques: the Simple Additive Weighting (SAW), and the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) for portfolio allocation, is demonstrated in this paper. Rather than exclusive reference to mean and variance as in the traditional mean-variance method, the criteria used in this demonstration are the f...

A new deployment of the multiple criteria decision making (MCDM) techniques: the Simple Additive Weighting (SAW), and the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) for portfolio allocation, is demonstrated in this paper. Rather than exclusive reference to mean and variance as in the traditional mean-variance method, the criteria used in this demonstration are the f...

The aim of this study was to provide an analytical tool to evaluate and select the best supplier(s)/vendor(s) in fuzzy environment for Television (TV) manufacturing organization. A hierarchy through which decision makers can bring about a comparison among the suppliers was worked out and software for the same was developed. The methodology for selection was based upon multiple criteria decision...

This paper presents an efficiency assessment of African airlines, using the TOPSIS e Technique for Order Preference by Similarity to the Ideal Solution. TOPSIS is a multi-criteria decision making technique, which similar to DEA (Data Envelopment Analysis), ranks a finite set of units based on the minimisation of distance from an ideal point, and the maximisation of distance from an anti-ideal p...

Supplier selection is a multi-criterion decision making problem under uncertain environments. Hence, it is reasonable to hand the problem in fuzzy sets theory (FST) and Dempster Shafer theory of evidence (DST). In this paper, a new MCDM methodology, using FST and DST, based on the main idea of the technique for order preference by similarity to an ideal solution (TOPSIS), is developed to deal w...

Information Systems (IS) play a major role in developing and sustaining competitive advantage in the global marketplace. The Logistics Information System (LIS) is part of the information system of the organization that is integrated in the supply chain and is correlated with the partner organizations. Decision making problem is the process of finding the best option from all of the feasible alt...