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» Personal Loan No Credit Check, Online Economics » Decision theory » Topics begins with T » Technique for order Preference by Similarity ton ideal Solution


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The Technique for order Preference by Similarity ton ideal Solution (TOPSIS) is a technology for the solution of mehrkriteriellen decision problems under security and to the efficiency analysis from the range operations of the Research. A goal of this technology is to be determined it the relative Vorteilhaftigkeit from alternatives to. A situation, in which TOPSIS can be e.g. used, is the purchase of a car.

General description of TOPSIS

TOPSIS became from C. - L. Hwang and K. Yoon develops. The Vorteilhaftigkeit of an alternative is evaluated, as the distance to the best alternative and the distance are intended in each case for the worst alternative. With these distances for each alternative a value is computed, which gives information over the Vorteilhaftigkeit of this alternative.

Alternative techniques for the solution of mehrkriterieller decision problems

  • Efficiency analysis
  • Analytic Hierarchy Process (AHP)

Alternative techniques to the efficiency analysis

  • DATA Envelopment analysis (DEA)
  • Operational Competitiveness Rating (OCRA)

Literature

  • C. - L. Hwang, K. Yoon (1981): Multiple attributes Decision Making - Methods and Applications. A State OF the kind Survey. Berlin - Heidelberg - New York 1981.
  • M. Janic (2003): Multi-criteria evaluation OF High speed Rail, Transrapid Maglev and air passport-close transport in Europe, in: Transportation Planning & Technology, volume. 26 (2003), pp. 491-512.

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