A simulation comparison of normalization procedures for TOPSIS
Paper
Paper/Presentation Title | A simulation comparison of normalization procedures for TOPSIS |
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Presentation Type | Paper |
Authors | Chakraborty, Subrata (Author) and Yeh, Chung-Hsing (Author) |
Journal or Proceedings Title | Proceedings of the 2009 International Conference on Computers and Industrial Engineering |
ERA Conference ID | 60420 |
Number of Pages | 6 |
Year | 2009 |
Place of Publication | United States |
ISBN | 9781424441358 |
9781424441365 | |
Digital Object Identifier (DOI) | https://doi.org/10.1109/ICCIE.2009.5223811 |
Web Address (URL) of Paper | http://ieeexplore.ieee.org/xpl/articleDetails.jsp?arnumber=5223811&tag=1 |
Conference/Event | 2009 International Conference on Computers & Industrial Engineering |
International Conference on Computers and Industrial Engineering (CIE) | |
Event Details | 2009 International Conference on Computers & Industrial Engineering Event Date 06 to end of 09 Jul 2009 Event Location Troyes, France |
Event Details | International Conference on Computers and Industrial Engineering (CIE) CIE |
Abstract | Multiattribute decision making (MADM) uses a normalization procedure to transform performance ratings with different data measurement units in a decision matrix into a compatible unit. MADM methods generally use one particular normalization procedure without justifying its suitability. The technique for order preference by similarity to ideal solution (TOPSIS) is one of the most popular and widely applied MADM methods. This study compares four commonly known normalization procedures in terms of their ranking consistency and weight sensitivity when used with TOPSIS to solve the general MADM problem with various decision settings. The comparison study is validated using two performance measures: ranking consistency and weight sensitivity. A large number of MADM problems with varying attributes and alternatives are generated using a new simulation technique. The study results justify the use of the vector normalization procedure for TOPSIS and provide suggestive insights for using other normalization procedures in certain decision settings. |
Keywords | MADM; normalization ranking consistency; TOPSIS; weight sensitivity |
ANZSRC Field of Research 2020 | 460902. Decision support and group support systems |
Public Notes | © 2009 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. |
Byline Affiliations | Monash University |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q31z1/a-simulation-comparison-of-normalization-procedures-for-topsis
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