Modification of TOPSIS method for solving of multicriteria tasks

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 TOPSIS 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.

Keywords

• decision-making
• multi-criteria analyses
• attributes
• fuzzy attribute description