1. Objective The Analytic Hierarchy Process (AHP) is often used in decision-making scenarios where multiple criteria must be evaluated to choose the best alternative. For an inventory management project, here are 7 potential criteria and 4 Alternatives you can use.2....
The combination of AHP (Analytic Hierarchy Process) and TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) is a powerful decision-making approach used to evaluate multiple alternatives based on various criteria. This hybrid method is commonly...
Author Muhammet Gul (Editor), Melih Yucesan (Editor), Melike Erdogan (Editor) Abstract Multi-Criteria Decision-Making (MCDM) includes methods and tools for modeling and solving complex problems. MCDM has become popular in the production and service sectors to improve...
Author Gwo-Hshiung Tzeng (Author), Kao-Yi Shen (Author) Abstract When people or computers need to make a decision, typically multiple conflicting criteria need to be evaluated; for example, when we buy a car, we need to consider safety, cost and comfort....
Author of the Article Peng-Fei Dang , Long-Fei Sun , Zheng-Xin Yang , Bin Gong , Jian Zhu , Song Yuan Abstract Aiming to help petrochemical companies monitor and manage risks in real time, this study presents a comprehensive risk assessment method for hydrogenation...
Zümrüt Ecevit Satı Abstract Digital innovation offers new competitive opportunities for the EU to achieve its digital strategies and innovation objectives. This study aims to show that the digital innovation performance of SMEs is related to criteria that affect...
Author of the Article Liangxing Jin, Pingting Liu, Wenbing Yao, Junjie Wei, Zhong Li 2024 Abstract The safety assessment of existing retaining walls is currently a potential research direction in developing built environment. However, current assessment results are...
Author Tarek Abou-El-Enien A Brief Description of the Book The book "TOPSIS Algorithms for Multiple Objectives Decision Making: Large Scale Programming Approach Illustrated Edition" is a specialized text focusing on the Technique for Order of Preference by Similarity...
Author Hsu-Shih Shih, David L. Olson A Brief Description of the Book The objective of the book is to provide materials to demonstrate the development of TOPSIS and to serve as a handbook. It contains the basic process of TOPSIS, numerous variant processes, property...
Steps in Topsis: Construct the Decision Matrix: Identify the alternatives and criteria, and construct a matrix with alternatives as rows and criteria as columns. Normalize the Decision Matrix: Normalize the values to make them dimensionless and comparable. Construct...