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WASPAS Method

In: New Methods and Applications in Multiple Attribute Decision Making (MADM)

Author

Listed:
  • Alireza Alinezhad

    (Islamic Azad University)

  • Javad Khalili

    (Islamic Azad University)

Abstract

The Weighted Aggregates Sum Product Assessment (WASPAS)Weighted Aggregates Sum Product ASsessment (WASPAS) method method was introduced by Zavadskas, Turskis, Antucheviciene, and Zakarevicius in 2012 (Zavadskas et al. in Technol Econ Dev Econ 1:131 (2013) [93], Zavadskas et al. in Sustainability 7:15923 (2015) [94], Zavadskas et al. in Acta Montan Slovaca 21:85 (2016) [95], Zavadskas et al. in Arch Civ Mech Eng 16(1):76 (2016) [96]). This method is a combination of Weighted Sum Model (WSM)Weighted Sum Model (WSM) and Weighted Product Model (WPM) (Zavadskas et al. in Elektron Elektrotech 122:3 (2012) [97])Weighted Product Model (WPM) . Thus, the relative importance of each attribute is simply determined, and then, the alternatives are evaluated and prioritized. This technique is applied in the personal selection (Bagocius et al. in J Civ Eng Manag 20:590 [98], Karabasevic et al. in BizInfo (Blace) J Econ Manag Inf 7:1 (2016) [99], Urosevic et al. in Cybern Stud Res 51:75 (2017) [100]), analysis of machining processes (Madic et al. in J Prod Eng 17:1 (2014) [101], Prasad et al. in Cogent Eng 5:1 (2018) 102], and material selection (Petkovic et al. in Appl Mech Mater 809:1468 (2015) [103], Yazdani et al. in Eng Econ 27:382 (2016) 104]).

Suggested Citation

  • Alireza Alinezhad & Javad Khalili, 2019. "WASPAS Method," International Series in Operations Research & Management Science, in: New Methods and Applications in Multiple Attribute Decision Making (MADM), chapter 0, pages 93-98, Springer.
    • Handle: RePEc:spr:isochp:978-3-030-15009-9_13
    DOI: 10.1007/978-3-030-15009-9_13
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