The conversion of cost and benefit criteria in the TOPSIS method

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F12%3A55470" target="_blank" >RIV/60460709:41110/12:55470 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The conversion of cost and benefit criteria in the TOPSIS method

Popis výsledku v původním jazyce

Multiple attribute decision making (MADM) models involve both cost and benefit criteria. However, it is convenient to unify criteria type; this means to convert the cost criteria into benefit criteria or vice versa. There are several procedures for criteria type conversion. Unfortunately, these procedures are usually outside of the MADM methods? algorithms and some combinations of criteria type conversion method and the MADM method provide incorrect results. We focus on the method ?Technique for Order Preference by Similarity to Ideal Solution? (TOPSIS method) and the subtraction-based conversion procedure, which converts criterion type using the differences between criterion values and the maximum value in the criterion column. We find that this widely used procedure for criteria conversion can completely distort the results of the analysis. In this paper we suggest a new subtraction-based conversion procedure that is possible to combine with the TOPSIS method and receive correct resu

Název v anglickém jazyce

The conversion of cost and benefit criteria in the TOPSIS method

Popis výsledku anglicky

Multiple attribute decision making (MADM) models involve both cost and benefit criteria. However, it is convenient to unify criteria type; this means to convert the cost criteria into benefit criteria or vice versa. There are several procedures for criteria type conversion. Unfortunately, these procedures are usually outside of the MADM methods? algorithms and some combinations of criteria type conversion method and the MADM method provide incorrect results. We focus on the method ?Technique for Order Preference by Similarity to Ideal Solution? (TOPSIS method) and the subtraction-based conversion procedure, which converts criterion type using the differences between criterion values and the maximum value in the criterion column. We find that this widely used procedure for criteria conversion can completely distort the results of the analysis. In this paper we suggest a new subtraction-based conversion procedure that is possible to combine with the TOPSIS method and receive correct resu

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

BB - Aplikovaná statistika, operační výzkum

OECD FORD obor

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Projekt

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Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)

Rok uplatnění

2012

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Journal of Applied Decision Sciences

ISSN

1755-8077

e-ISSN

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Svazek periodika

5

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

13

Strana od-do

329-341

Kód UT WoS článku

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EID výsledku v databázi Scopus

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