Paper Title:
Developing MCDM Approach Based on GRA and TOPSIS
  Abstract

Multiple criteria decision making(MCDM) is widely used in selection from a set of available alternatives with multiple criteria, approaches to which includes fuzzy comprehensive evaluation(FCE), grey relational analysis(GRA), and technique for order preference by similarity to ideal solution(TOPSIS), and so on. First analyzes the limitations of various methods: only considering the overall effect of attribute indicators in the method of FCE, only considering the shape similarity of data curve between comparative scheme and ideal solution in GRA and only considering position approximation in TOPSIS. Second proposes a new method of comprehensive evaluation which takes into account both shape similarity and position approximation. The validity of this method has been further proved by an example of suppliers selection.

  Info
Periodical
Edited by
Shengyi Li, Yingchun Liu, Rongbo Zhu, Hongguang Li, Wensi Ding
Pages
1931-1935
DOI
10.4028/www.scientific.net/AMM.34-35.1931
Citation
Q. B. Wang, A. H. Peng, "Developing MCDM Approach Based on GRA and TOPSIS", Applied Mechanics and Materials, Vols. 34-35, pp. 1931-1935, 2010
Online since
October 2010
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Price
$32.00
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