Axioms (Dec 2021)

Comparative Analysis of the Simple WISP and Some Prominent MCDM Methods: A Python Approach

  • Dragiša Stanujkić,
  • Darjan Karabašević,
  • Gabrijela Popović,
  • Edmundas Kazimieras Zavadskas,
  • Muzafer Saračević,
  • Predrag S. Stanimirović,
  • Alptekin Ulutaş,
  • Vasilios N. Katsikis,
  • Ieva Meidute-Kavaliauskiene

DOI
https://doi.org/10.3390/axioms10040347
Journal volume & issue
Vol. 10, no. 4
p. 347

Abstract

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This article presents a comparison of the results obtained using the newly proposed Simple Weighted Sum Product method and some prominent multiple criteria decision-making methods. For comparison, several analyses were performed using the Python programming language and its NumPy library. The comparison was also made on a real decision-making problem taken from the literature. The obtained results confirm the high correlation of the results obtained using the Simple Weighted Sum Product method and selected multiple criteria decision-making methods such as TOPSIS, SAW, ARAS, WASPAS, and CoCoSo, which confirms the usability of the Simple Weighted Sum Product method for solving multiple criteria decision-making problems.

Keywords