A review on industrial applications of TOPSIS approach Online publication date: Tue, 01-May-2018
by Santosh Kumar Yadav; Dennis Joseph; Nasina Jigeesh
International Journal of Services and Operations Management (IJSOM), Vol. 30, No. 1, 2018
Abstract: Technique for order preference by similarity to an ideal solution (TOPSIS) is a multi-attribute decision making technique, used to evaluate alternatives and find an ideal solution. Practically, it has been successfully applied to identify the best alternative for decision making process from a finite set of alternatives in different industries. It can be used for evaluation of the performance of different entities like suppliers/processes/designs/locations/ standards and many others. In view of the significance of TOPSIS in several industries to prioritise the alternatives, this paper is intended to highlight various important industrial applications with the help of detailed review of literature. The application areas covered include automobile, mobile, information technology, manufacturing, biological and behavioural. A hypothetical example with six alternatives and five criteria is presented to detail the step-wise derivation of solution by TOPSIS method.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Services and Operations Management (IJSOM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook