Application of TOPSIS Method

by | Jun 25, 2024 | topsis

The TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method has a wide range of applications across various fields due to its straightforward and effective approach to multi-criteria decision-making. Here are some notable applications: Supplier...

TOPSIS Method

by | Jun 25, 2024 | topsis

TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) is a multi-criteria decision-making (MCDM) method used to determine the best alternative among a set of alternatives based on their similarity to an ideal solution. It is widely used in fields...