scholarly journals Decision Support System to Determine Qualified Corn using TOPSIS Method

2019 ◽  
Vol 9 (1S3) ◽  
pp. 523-532
Keyword(s):  
Decision Making ◽  
Multi Criteria Decision Making ◽  
Mathematical Form ◽  
Ideal Solution ◽  
Staple Food ◽  
Topsis Method ◽  
Food Ingredient ◽  
Hybrid Corn ◽  
Order Preference ◽  
Corn Plants

Corn is a staple food ingredient, one of the areas where people consume corn instead of rice is Southeast Sulawesi. Qualified corn is one of the superior seeds, while some types of superior corn are hybrid corn and composite corn. The TOPSIS method is one of the multi criteria decision-making methods with simple concepts and efficient competition and has the ability to measure relative performance and alternative decisions in mathematical form. To make it easier to find qualified corn, the Technique for Order preference method is used. Similarity to Ideal Solution. This is facilitating corn farmers to choose good and productive corn crop quality, applying the TOPSIS method (Technique for Order Preference by Similarity to Ideal Solution) in determining quality, to help provide alternatives in m determine qualified corn plants. Based on the results of research conducted on 10 qualified corn alternatives that had been tested, a result is obtained: V1 = 0.577350 V2 = 0.474992 V3 = 0.510529 V4 = 0.463630 V5 = 0.609622 V6 = 0.435983 V7 = 0.533048 V8 = 0.373977 V9 = 0.530333 V10 = 0.448275 From the results it can be concluded that V5 = 0.609622 had fulfilled the requirements and can be said to be good qualified corn.

scholarly journals Comparison of the Economic Performance of Turkish Republics in Central Asia with TOPSIS Method

2015 ◽  
Author(s):  
Ziya Gökalp Göktolga ◽  
Engin Karakış ◽  
Hakan Türkay
Keyword(s):  
Decision Making ◽  
Central Asia ◽  
Economic Performance ◽  
Multi Criteria Decision Making ◽  
Ideal Solution ◽  
Topsis Method ◽  
Economic Management ◽  
Macroeconomic Indicators ◽  
Order Preference ◽  
Negative Ideal Solution

The aim of this study is to compare the economic performance of Turkish Republics in Central Asia with Multi Criteria Decision Making (MCDM) methods. Turkish Republics have been experiencing a transition from a centrally planned economy towards a market economy since their independence. In this study important macroeconomic indicators are used to determine economic performance. Economic performance evaluation of the country is an important issue for economic management, investors, creditors and stock investors. Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method outranks the countries according to the proximity of the positive ideal solution and distance of the negative ideal solution. Economic Performance of Turkish Republics in Central Asia (Azerbaijan, Turkmenistan, Kazakhstan, Kyrgyzstan, and Uzbekistan) are compared with TOPSIS method. İnvestigated with TOPSIS method countries best and worst economic performance years are detected during mentioned period and results are analyzed.

A Method Based on SMAA-Topsis for Stochastic Multi-Criteria Decision Making and a Real-World Application

2014 ◽  
Vol 13 (05) ◽  
pp. 957-978 ◽  
Author(s):  
Deniz Okul ◽  
Cevriye Gencer ◽  
Emel Kizilkaya Aydogan
Keyword(s):  
Decision Making ◽  
Drug Benefit ◽  
Multi Criteria Decision Making ◽  
Ideal Solution ◽  
Topsis Method ◽  
Inaccurate Information ◽  
Real World Application ◽  
Shortest Distance ◽  
Order Preference ◽  
Negative Ideal Solution

Stochastic multi-criteria acceptability analysis (SMAA-2) and the technique for order preference by similarity to ideal solution (TOPSIS) are methods for evaluating alternatives with multiple criteria. SMAA is a method that is used for solving multi-criteria decision-making problems with uncertain, inaccurate information, and does not require preference information from the decision makers. The TOPSIS method is based on the principle of determining a solution with the shortest distance to the ideal solution and the greatest distance from the negative-ideal solution. This paper proposes a new method, SMAA-TOPSIS, by combining the SMAA and TOPSIS methods. The SMAA-TOPSIS method was executed for two problems: drug benefit-risk analysis and machine gun selection. This paper found that TOPSIS could be used with uncertain and arbitrarily distributed values for weights and criteria measurements by using a combination of SMAA and TOPSIS. Also, we obtained clearer and consistent SMAA outputs.

The Technique for Order of Preference by Similarity to Ideal Solution Method in Fuzzy Environment

2020 ◽  
pp. 139-168
Author(s):  
Merve Cengiz Toklu
Keyword(s):  
Decision Making ◽  
Evaluation Criteria ◽  
Fuzzy Topsis ◽  
Decision Makers ◽  
Decision Making Process ◽  
Multi Criteria Decision Making ◽  
Ideal Solution ◽  
Topsis Method ◽  
Order Preference ◽  
Fuzzy Logic Approach

Decision-making process is the selection of the most appropriate one among the alternatives. Different selection criteria are considered in the decision-making process. Simultaneous assessment of different evaluation criteria may not always be possible. Multi-criteria decision-making techniques provide an easily applicable mathematical solution in this respect. Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method is one of the multi-criteria decision-making techniques. This method is used in many problems in literature and allows multiple decision makers to choose the most suitable alternative by evaluating them together with different criteria. Assessments of decision makers may include linguistic statements. In this case, the Fuzzy Logic approach can be used. In this chapter, Fuzzy TOPSIS method is explained with a detailed numerical example.

Applying the Multi-Criteria Decision Making Model for Ranking Commercial Banks: The Case of Vietnam

2019 ◽  
pp. 125-133
Author(s):  
Duong Truong Thi Thuy ◽  
Anh Pham Thi Hoang
Keyword(s):  
Decision Making ◽  
Commercial Banks ◽  
Decision Model ◽  
Business Models ◽  
Multi Criteria Decision Making ◽  
Ideal Solution ◽  
Topsis Method ◽  
Decision Making Model

Banking has always played an important role in the economy because of its effects on individuals as well as on the economy. In the process of renovation and modernization of the country, the system of commercial banks has changed dramatically. Business models and services have become more diversified. Therefore, the performance of commercial banks is always attracting the attention of managers, supervisors, banks and customers. Bank ranking can be viewed as a multi-criteria decision model. This article uses the technique for order of preference by similarity to ideal solution (TOPSIS) method to rank some commercial banks in Vietnam.

scholarly journals A fuzzy multi-criteria decision-making method for purchasing life insurance in India

2021 ◽  
Vol 10 (1) ◽  
pp. 344-356
Author(s):  
Chinmaya Ranjan Pattnaik ◽  
Sachi Nandan Mohanty ◽  
Sarita Mohanty ◽  
Jyotir Moy Chatterjee ◽  
Biswajit Jana ◽  
...  
Keyword(s):  
Decision Making ◽  
Life Insurance ◽  
Complex Problem ◽  
Insurance Companies ◽  
Multi Criteria Decision Making ◽  
Ideal Solution ◽  
Insurance Company ◽  
Proposed Model ◽  
Decision Making Problem ◽  
Order Preference

Life insurance is an agreement between an insured and an insurer, where the insurer pays out a sum of money either on a specific period or the death of the insured. Now a day, People can buy a policy through an online platform. There are a lot of insurance companies available in the market, and each company has various policies. Selecting the best insurance company for purchasing an online term plan is a very complex problem. People may confuse to choose the best insurance company for buying an online term. It is a multi-criteria decision making (MCDM) problem, and the problem consists of different criteria and various alternatives. Here in this paper, a model has been proposed to solve this decision-making problem. In this model, a fuzzy multi-criteria decision-making approach combined with technique for order preference by similarity to ideal solution (TOPSIS) and it has been applied to rank the different insurance companies based on online term plans. The experimental results show that the life insurance corporation of India (LIC) gets the top rank out of 12 companies for purchasing an online term plan. A sensitivity analysis has been performed to validate the proposed model.

Supplier Selection using MADM Method Under Uncertainty

2016 ◽  
Vol 5 (3) ◽  
Author(s):  
Mohammad Azadfallah
Keyword(s):  
Decision Making ◽  
Supplier Selection ◽  
Selection Process ◽  
Interval Data ◽  
Entropy Method ◽  
Ideal Solution ◽  
Topsis Method ◽  
Powerful Technique ◽  
Order Preference

In existing literature, there are several studies on supplier selection process, which opine that the suppliers information is usually incomplete and uncertain. Several methods have been proposed for solving this problem, one of which is the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method with interval data. There is no doubt that the TOPSIS with interval data method is a powerful technique in uncertain decision-making context. Despite its usefulness, it is logical that when data are imprecise, weight is imprecise too. To overcome this limit, the extended Shannons Entropy method with interval data is used. The main findings of this study confirm the effectiveness of the hybrid proposed models.

scholarly journals Sistem Pendukung Keputusan Kenaikan Jabatan Menggunakan Metode Technique for Order Preference by Similarity to Ideal Solution (TOPSIS)

2019 ◽  
Vol 1 ◽  
pp. 69
Author(s):  
Rahmat Doni ◽  
Faisal Amir ◽  
Dicky Juliawan
Keyword(s):  
Decision Making ◽  
Career Path ◽  
The Other ◽  
Ideal Solution ◽  
Topsis Method ◽  
Accuracy Rate ◽  
Learning Evaluation ◽  
Order Preference ◽  
Leadership Decisions ◽  
And Training

Promotion is one way to Rumah Bermain Bilal to improve the performance of tutors in educating their students. The problem of leadership in decision-making still uses the choice of methods and assessment processes subjectively so that the process is not in accordance with the goals of the career path. Therefore, it is necessary to make a Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) Method to help make decisions. In this study, using the criteria set by the company, namely planning, learning, evaluation, and training. The ranking results obtained from testing the calculations that the alternative Tutor F is the best tutor with the results of the calculation of 0.804 when compared to the other twelve alternatives. The TOPSIS method has a data accuracy rate of 85% from thirteen alternatives and can be used as a support for leadership decisions to make recommendations for increasing the career path of tutors.

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