Multi-Criteria Decision Aid (MCDA) or Multi-Criteria Decision Making (MCDM) methods have received much attention from researchers and practitioners in evaluating, assessing and ranking alternatives across diverse industries. Among numerous MCDA/MCDM methods developed to solve real-world decision problems, the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) continues to work satisfactorily across different application areas. In this paper, we conduct a state-of-the-art literature survey to taxonomize the research on TOPSIS applications and methodologies. The classification scheme for this review contains 266 scholarly papers from 103 journals since the year 2000, separated into nine application areas: (1) Supply Chain Management and Logistics, (2) Design, Engineering and Manufacturing Systems, (3) Business and Marketing Management, (4) Health, Safety and Environment Management, (5) Human Resources Management, (6) Energy Management, (7) Chemical Engineering, (8) Water Resources Management and (9) Other topics. Scholarly papers in the TOPSIS discipline are further interpreted based on (1) publication year, (2) publication journal, (3) authors' nationality and (4) other methods combined or compared with TOPSIS. We end our review paper with recommendations for future research in TOPSIS decision-making that is both forward-looking and practically oriented. This paper provides useful insights into the TOPSIS method and suggests a framework for future attempts in this area for academic researchers and practitioners.

Review: A state-of the-art survey of TOPSIS applications

The use of grey relational analysis in solving multiple attribute decision-making problems

Multiple criteria decision-making (MCDM) is considered as a complex decision-making (DM) tool involving both quantitative and qualitative factors. In recent years, several MCDM techniques and approaches have been suggested to choosing the optimal probable options. The purpose of this article is to systematically review the applications and methodologies of the MCDM techniques and approaches. This study reviewed a total of 393 articles published from 2000 to 2014 in more than 120 peer reviewed journals (extracted from Web of Science). According to experts’ opinion, these articles were grouped into 15 fields. Furthermore, these articles were categorised based on authors, publication date, name of journals, methods, tools, and type of research (MCDM utilising research, MCDM developing research, and MCDM proposing research). The results of this study indicated that in 2013 scholars have published articles more than in other years. In addition, the analytic hierarchy process (AHP) method in the individual tool...

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Multiple criteria decision-making techniques and their applications – a review of the literature from 2000 to 2014

The weapon selection problem is a strategic issue and has a significant impact on the efficiency of defense systems. On the other hand, selecting the optimal weapon among many alternatives is a multi-criteria decision-making (MCDM) problem. This paper develops an evaluation model based on the analytic hierarchy process (AHP) and the technique for order performance by similarity to ideal solution (TOPSIS), to help the actors in defence industries for the selection of optimal weapon in a fuzzy environment where the vagueness and subjectivity are handled with linguistic values parameterized by triangular fuzzy numbers. The AHP is used to analyze the structure of the weapon selection problem and to determine weights of the criteria, and fuzzy TOPSIS method is used to obtain final ranking. A real world application is conducted to illustrate the utilization of the model for the weapon selection problem. The application could be interpreted as demonstrating the effectiveness and feasibility of the proposed model.

Weapon selection using the AHP and TOPSIS methods under fuzzy environment

Multiple criteria decision-making (MCDM) research has developed rapidly and has become a main area of research for dealing with complex decision problems. The purpose of the paper is to explore the performance evaluation model. This paper develops an evaluation model based on the fuzzy analytic hierarchy process and the technique for order performance by similarity to ideal solution, fuzzy TOPSIS, to help the industrial practitioners for the performance evaluation in a fuzzy environment where the vagueness and subjectivity are handled with linguistic values parameterized by triangular fuzzy numbers. The proposed method enables decision analysts to better understand the complete evaluation process and provide a more accurate, effective, and systematic decision support tool.

https://ir.nctu.edu.tw:443/bitstream/11536/31870/1/000281339900038.pdf

A performance evaluation model by integrating fuzzy AHP and fuzzy TOPSIS methods

The layout design problem is a strategic issue and has a significant impact on the efficiency of a manufacturing system. Much of the existing layout design literature that uses a surrogate function for flow distance or for simplified objectives may be entrapped into local optimum; and subsequently lead to a poor layout design due to the multiple-attribute decision making (MADM) nature of a layout design decision. The present study explores the use of MADM approaches in solving a layout design problem. The proposed methodology is illustrated through a practical application from an IC packaging company. Two methods are proposed in solving the case study problem: Technique for order preference by similarity to ideal solution (TOPSIS) and fuzzy TOPSIS. Empirical results showed that the proposed methods are viable approaches in solving a layout design problem. TOPSIS is a viable approach for the case study problem and is suitable for precise value performance ratings. When the performance ratings are vague and imprecise, the fuzzy TOPSIS is a preferred solution method.

Chih-Ching Hung

Papers

Multiple-attribute decision making methods for plant layout design problem

Multiple attribute decision-making methods for the dynamic operator allocation problem