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A Data Pre-Processing Model for the Topsis Method

Author

Listed:
  • Kobryń Andrzej

    (Bialystok University of Technology, Faculty of Civil and Environmental Engineering, Wiejska 45E, 15-351 Bialystok, Poland)

  • Prystrom Joanna

    (University of Bialystok, Faculty of Economics and Management, Warszawska 63, 15-062 Bialystok, Poland)

Abstract

TOPSIS is one of the most popular methods of multi-criteria decision making (MCDM). Its fundamental role is the establishment of chosen alternatives ranking based on their distance from the ideal and negative-ideal solution. There are three primary versions of the TOPSIS method distinguished: classical, interval and fuzzy, where calculation algorithms are adjusted to the character of input rating decision-making alternatives (real numbers, interval data or fuzzy numbers). Various, specialist publications present descriptions on the use of particular versions of the TOPSIS method in the decision-making process, particularly popular is the fuzzy version. However, it should be noticed, that depending on the character of accepted criteria – rating of alternatives can have a heterogeneous character. The present paper suggests the means of proceeding in the situation when the set of criteria covers characteristic criteria for each of the mentioned versions of TOPSIS, as a result of which the rating of the alternatives is vague. The calculation procedure has been illustrated by an adequate numerical example.

Suggested Citation

  • Kobryń Andrzej & Prystrom Joanna, 2016. "A Data Pre-Processing Model for the Topsis Method," Folia Oeconomica Stetinensia, Sciendo, vol. 16(2), pages 219-235, December.
    • Handle: RePEc:vrs:foeste:v:16:y:2016:i:2:p:219-235:n:16
    DOI: 10.1515/foli-2016-0036
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    References listed on IDEAS

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    More about this item

    Keywords

    multi-criteria decision making; the TOPSIS method;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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