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An Improved Fuzzy TOPSIS Method with a New Ranking Index

Author

Listed:
  • S. A. Sadabadi

    (Department of Mathematics, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran)

  • A. Hadi-Vencheh

    (Department of Mathematics, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran)

  • A. Jamshidi

    (Department of Mathematics, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran)

  • M. Jalali

    (Department of Mathematics, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran)

Abstract

Owing to vague concepts frequently represented in decision data, the crisp values are inadequate to model real-life situations. In this paper, the rating of each alternative and the weight of each criterion is described by linguistic terms which can be expressed in triangular fuzzy numbers. Next, we focus on fuzzy TOPSIS (FTOPSIS) method. We show that, however, the conventional FTOPSIS is interesting, but it suffers from some flaws. The shortcomings of classical FTOPSIS are shown and some solutions are given. Further, a new similarity index is proposed and then is illustrated using numerical examples. By treating the separations of an alternative from the fuzzy positive ideal solution (FPIS) and the fuzzy negative ideal solution (FNIS) as “cost†criterion and “benefit†criterion, respectively, we reduce the original fuzzy multiple criteria decision making (FMCDM) problem to a new one with two criteria. Illustrative examples are given to show the advantages of the proposed approach.

Suggested Citation

  • S. A. Sadabadi & A. Hadi-Vencheh & A. Jamshidi & M. Jalali, 2022. "An Improved Fuzzy TOPSIS Method with a New Ranking Index," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 615-641, March.
  • Handle: RePEc:wsi:ijitdm:v:21:y:2022:i:02:n:s0219622021500620
    DOI: 10.1142/S0219622021500620
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    Cited by:

    1. Antunes, Jorge & Tan, Yong & Wanke, Peter & Jabbour, Charbel Jose Chiappetta, 2023. "Impact of R&D and innovation in Chinese road transportation sustainability performance: A novel trigonometric envelopment analysis for ideal solutions (TEA-IS)," Socio-Economic Planning Sciences, Elsevier, vol. 87(PA).

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