Title :
Safety Evaluation of Petroleum Resources Based on Grey Correlation-TOPSIS
Author_Institution :
Coll. of Bus. Adm., Chongqing Univ. of Sci. & Technol., Chongqing, China
Abstract :
The safety evaluation of petroleum resources based on Grey Correlation-TOPSIS is simple but practical, scientific and reasonable with certain application value. The safety evaluation of petroleum resources based on Grey Correlation-TOPSIS applies approximation coefficient of grey correlation for evaluating the safety degree of petroleum resources and effectively overcomes the shortcomings that the conventional ranking method of approximation to ideal solution cannot fully explore the similar information of data. The ranking result is as follows according to the relative approximation coefficient: America, Germany, Japan, China and India.
Keywords :
decision making; grey systems; petroleum industry; safety; America; China; Germany; India; Japan; approximation coefficient; conventional ranking method; grey correlation-TOPSIS; petroleum resources; safety evaluation; Approximation methods; Correlation; Equations; Indexes; Mathematical model; Petroleum; Safety; Grey correlation; Topsis; petroleum resources; safety evaluation;
Conference_Titel :
Computational and Information Sciences (ICCIS), 2012 Fourth International Conference on
Conference_Location :
Chongqing
Print_ISBN :
978-1-4673-2406-9
DOI :
10.1109/ICCIS.2012.272
