Modification of TOPSIS method for solving of multicriteria tasks

Modification of TOPSIS method for solving of multicriteria tasks

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Article ID: iaor20105149
Volume: 20
Issue: 1
Start Page Number: 117
End Page Number: 143
Publication Date: Jan 2010
Journal: Yugoslav Journal of Operations Research
Authors:
Abstract:

This paper describes the possible modifications of one of the multi-criteria analysis methods that possess certain advantages in cases of solving the real business problems. We will discuss the TOPSYS method, whereas the modification reflects in change of the determination manner of the ideal and anti-ideal points in criteria environment, in standardization of quantification and fuzzycation of the attributes in cases of criteria expressed by linguistic variables.

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