• DocumentCode
    3457698
  • Title

    Fuzzy TOPSIS Algorithm for Multiple Criteria Decision Making with an Application in Information Systems Project Selection

  • Author

    Gao, Peng ; Feng, Junwen ; Yang, Lu

  • Author_Institution
    Sch. of Econ. & Manage., Nanjing Univ. of Sci. & Technol., Nanjing
  • fYear
    2008
  • fDate
    12-14 Oct. 2008
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Information systems project selection is a multi-criteria decision-making (MCDM) problem. This work develops a fuzzy approach based on the technique for order performance by similarity to ideal solution (TOPSIS), to choose optimal information system in a fuzzy environment where the data are often incomplete or not so deterministic. In this paper, the importance weight of each criterion and the rating of each alternative are described in linguistic terms and expressed in triangular fuzzy numbers. By aggregating the individual opinion, the distances of each alternative from the fuzzy positive ideal solution and the fuzzy negative ideal solution are computed respectively with a vertex method. Then, a closeness coefficient is obtained to rank order of all alternatives. Finally, a real case demonstrates the feasibility and effectiveness of the proposed method.
  • Keywords
    decision making; fuzzy set theory; information systems; operations research; project management; closeness coefficient; fuzzy TOPSIS algorithm; information systems project selection; multiple criteria decision making; technique for order performance by similarity to ideal solution; triangular fuzzy numbers; vertex method; Decision making; Enterprise resource planning; Environmental economics; Fuzzy systems; Information systems; Management information systems; Manufacturing; Project management; Supply chain management; Technology management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
  • Conference_Location
    Dalian
  • Print_ISBN
    978-1-4244-2107-7
  • Electronic_ISBN
    978-1-4244-2108-4
  • Type

    conf

  • DOI
    10.1109/WiCom.2008.1759
  • Filename
    4679948