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Price/cost Camera Looks Storage Space

The document summarizes the steps to solve a multi-criteria decision making (MCDM) problem using the technique for order preference by similarity to ideal solution (TOPSIS) method. The steps include: 1) calculating a normalized decision matrix, 2) multiplying the normalized values by their associated weights to find a weighted normalized matrix, 3) determining ideal best and worst solutions, 4) calculating Euclidean distances from the ideal and worst solutions, 5) ranking alternatives based on relative closeness to the ideal solution.

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86 views2 pages

Price/cost Camera Looks Storage Space

The document summarizes the steps to solve a multi-criteria decision making (MCDM) problem using the technique for order preference by similarity to ideal solution (TOPSIS) method. The steps include: 1) calculating a normalized decision matrix, 2) multiplying the normalized values by their associated weights to find a weighted normalized matrix, 3) determining ideal best and worst solutions, 4) calculating Euclidean distances from the ideal and worst solutions, 5) ranking alternatives based on relative closeness to the ideal solution.

Uploaded by

yglhguy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Solving MCDM problem using TOPSIS Method

Non Benf. Benf. Benf. Benf.


weightage 0.35 0.25 0.25 0.15
Storage Camera
Price/cost Looks
Space
Mobile 1 250 16 12 5
Mobile 2 200 16 8 3
Mobile 3 300 32 16 4
Mobile 4 275 32 8 4
Mobile 5 225 16 16 2

Storage Camera
Price/cost Looks
Space
Mobile 1 0.44280744 0.3015113 0.428571 0.5976
Mobile 2 0.35424595 0.3015113 0.285714 0.3586
Mobile 3 0.53136893 0.6030227 0.571429 0.4781
Mobile 4 0.48708819 0.6030227 0.285714 0.4781
Mobile 5 0.3985267 0.3015113 0.571429 0.239

Storage Camera
Price/cost Looks Si+ Si- Pi
Space
Mobile 1 0.1549826 0.0753778 0.107143 0.0896 0.089 0.0716 0.4459
Mobile 2 0.12398608 0.0753778 0.071429 0.0538 0.1099 0.0645 0.37
Mobile 3 0.18597913 0.1507557 0.142857 0.0717 0.0645 0.1099 0.63
Mobile 4 0.17048087 0.1507557 0.071429 0.0717 0.0871 0.0849 0.4936
Mobile 5 0.13948434 0.0753778 0.142857 0.0359 0.0939 0.0852 0.4758

V+ 0.12398608 0.1507557 0.142857 0.0896


V- 0.18597913 0.0753778 0.071429 0.0359
Step-1 Calculate Normalised Matrix

X ij
X ij 
n

 ij
X 2

i 1

Step-2 Calculate weighted Normalised Matrix

�_𝑖𝑗=𝑋  ̅_𝑖𝑗×𝑊_𝑗

Step-3 Calculate the ideal best and ideal worst value

Step-4 Calculate the Euclidean distance from the ideal best

Rank

4 Step-4 Calculate the Euclidean distance from the ideal worst


5
1
2
3

Step-6 Calculate Performance Score

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