Supplier Selection by Extended TOPSIS to Obtain the Ideal Compromise Solution in Group Decision Making

Mohammad Azadfallah
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Mohammad Azadfallah: Islamic Azad University, Science and Research Branch, Tehran, Iran

International Journal of Business Analytics (IJBAN), 2017, vol. 4, issue 3, 71-85

Abstract: In the current literature, there are several studies, which the supplier selection is typically a Multi Criteria Group Decision Making problem. Several solutions for the above problem are proposed (from simple approaches; like, Borda, Condorcet, etc., to complex ones; like, Multiple Criteria Decision Making model combined with intuitionistic fuzzy set, etc.). To solve this problem, different method (particularly, extended TOPSIS method) are proposed in this paper. Firstly, we have used TOPSIS to find the individual preference ordering, then, we have used the extended version of this method to find the collective preference orderings. In addition, this model is capable of considering the expert weights. Finally, the proposed approach is compared with an existed approach (i.e., TOPSIS and Borda's function). Compared results show the advantage of our extended model over previous one.

Date: 2017
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