Improved Grey Correlation-TOPSIS and Application

Author

Shigui Li ; Yang Min

Author_Institution

Coll. of Pet. & Natural Gas Eng., Chongqing Univ. of Sci. & Technol., Chongqing, China

fYear

2012

fDate

17-19 Aug. 2012

Firstpage

1322

Lastpage

1326

Abstract

The author created the improved Grey Correlation-TOPSIS used it for security evaluation of petroleum resources through the integration of the following methods such as AHP, TOPSIS and Grey correlation. The improved Grey Correlation-TOPSIS replaces Euclidean distance and grey correlation with new relative approximation coefficient. Thus, this method presents more explicit physical meaning and dual baseline feature. Its application indicates that the improved Grey Correlation-TOPSIS can further promote the objectiveness and all sidedness for analysis and realize the exploration of internal law from original data to some extent. Therefore, the improved Grey Correlation-TOPSIS has certain promotion and application values.

Keywords

decision making; grey systems; matrix algebra; petroleum industry; security; AHP; TOPSIS; improved grey correlation; petroleum resources; security evaluation; Approximation methods; Correlation; Equations; Euclidean distance; Indexes; Mathematical model; Petroleum; Grey correlation; TOPSIS; petroleum resources; security evaluation;

fLanguage

English

Publisher

ieee

Conference_Titel

Computational and Information Sciences (ICCIS), 2012 Fourth International Conference on

Conference_Location

Chongqing

Print_ISBN

978-1-4673-2406-9

Type

conf

DOI

10.1109/ICCIS.2012.172

Filename

6301408