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

This paper proposes a fuzzy TOPSIS method based on alpha level sets and presents a nonlinear programming (NLP) solution procedure. The relationship between the fuzzy TOPSIS method and fuzzy weighted average (FWA) is also discussed. Three numerical examples including an application to bridge risk assessment are investigated using the proposed fuzzy TOPSIS method to illustrate its applications and the differences from the other procedures. It is shown that the proposed fuzzy TOPSIS method performs better than the other fuzzy versions of the TOPSIS method.

Fuzzy TOPSIS method based on alpha level sets with an application to bridge risk assessment

Electronic waste management approaches: An overview

In this paper, we study a supply chain network design problem with environmental concerns. We are interested in the environmental investments decisions in the design phase and propose a multi-objective optimization model that captures the trade-off between the total cost and the environment influence. We conduct a comprehensive set of numerical experiments. The results show that our model can be applied as an effective tool in the strategic planning for green supply chain. Meanwhile, the sensitivity analysis provides some interesting managerial insights for firms.

A multi-objective optimization for green supply chain network design

ELECTRE: A comprehensive literature review on methodologies and applications

https://isiarticles.com/bundles/Article/pre/pdf/25081.pdf

S. Cheng

Papers

An integrated multi-criteria decision analysis and inexact mixed integer linear programming approach for solid waste management