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What is Technique for Order Preference by Similarity to Ideal Solution (TOPSIS)

Handbook of Research on Advances and Applications of Fuzzy Sets and Logic
One of the numerical methods of the multi-criteria decision making.
Published in Chapter:
Neutrosophic TOPSIS Method for Sustainable Supplier Selection in a Discount Market Chain
Nimet Yapıcı Pehlivan (Selçuk University, Turkey) and Neşe Yalçın (Adana Alparslan Türkeş Science and Technology University, Turkey)
DOI: 10.4018/978-1-7998-7979-4.ch031
Abstract
Sustainable supplier selection is one of the most important decisions for companies in sustainable supply chain management. Therefore, sustainable supplier performance evaluation and selection are of great importance in terms of economic, environmental, and social aspects of sustainable development. Sustainable supplier selection problem can be considered as a multiple-criteria decision-making (MCDM) problem. In the MCDM problems, decision-makers evaluate conflicting criteria and alternatives according to their own preferences/judgments. One of the most well-known MCDM methods is the technique for order preference by similarity to an ideal solution (TOPSIS). Neutrosophic set (NS) is an extension of fuzzy set where each element of the universe has the degrees of truth, indeterminacy, and falsity. A single-valued neutrosophic set (SVNS) is a special case of the neutrosophic set. This chapter aims to evaluate sustainable supplier selection in a Turkish discount market chain using the single-valued neutrosophic TOPSIS method based on normalized Euclidean and Hamming distances.
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Multi Criteria Decision Making Techniques in Urban Planning and Geology
One of the MCDM techniques, which was developed by Hwang and Yoon (1981) .
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Evaluation of Hotel Web Pages According to User Suitability
It is a multi-criteria decision-making technique developed by Hwang and Yoon.
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MCDA Techniques in Maintenance Policy Selection
This is an alternative method to ELimination and Choice Expressing REality (ELECTRE). It is based on the concept of selecting the alternative with a distance lower than the ideal solution, and with a distance superior to the most negative geometric solution. Classification of the alternatives is obtained by means of comparison of the relative distances.
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Hybrid Multi-Criteria Models: Joint Health and Safety Unit Selection on Hybrid Multi-Criteria Decision Making
It is a multi-criteria decision-making technique developed by Hwang and Yoon.
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