Compromise solution by MCDM methods: a comparative analysis of VIKOR and TOPSIS

Article Abstract:

The multiple criteria decision making (MCDM) methods VIKOR and TOPSIS were based on an aggregating function representating 'closeness to the ideal', which originated in the compromise programming method. A comparative analysis of the two methods is demonstrated with numerical example, showing their similarity and differences.

Models, Optimization theory, Mathematical programming

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Evaluating IT/IS investments: a fuzzy multi-criteria decision model approach

Article Abstract:

A new model based on the fuzzy multi-criteria decision model for evaluating the potential of new information technology project.

Usage, Evaluation, Fuzzy algorithms, Fuzzy logic, Research grants, Research funding, Fuzzy systems, Program Evaluation and Review Technique

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Extended VIKOR method in comparison with outranking methods

Article Abstract:

The efficiency of extended VIKOR method in solving multiple criteria decision making problems is analyzed.

Multiple criteria decision making, Ranking and selection (Statistics)

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