Development of TOPSIS Method to Solve Complicated Decision-Making Problems — An Overview on Developments from 2000 to 2015

Edmundas Kazimieras Zavadskas, Abbas Mardani, Zenonas Turskis (), Ahmad Jusoh () and Khalil MD Nor ()
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Edmundas Kazimieras Zavadskas: Research Institute of Smart Buildings, Vilnius Gediminas Technical University, Sauletekio al. 11, LT-10223 Vilnius, Lithuania
Zenonas Turskis: Research Institute of Smart Buildings, Vilnius Gediminas Technical University, Sauletekio al. 11, LT-10223 Vilnius, Lithuania
Ahmad Jusoh: #x2020;Faculty of Management, Universiti Teknologi Malaysia (UTM), Skudai Johor 81300, Malaysia
Khalil MD Nor: #x2020;Faculty of Management, Universiti Teknologi Malaysia (UTM), Skudai Johor 81300, Malaysia

International Journal of Information Technology & Decision Making (IJITDM), 2016, vol. 15, issue 03, 645-682

Abstract: In recent years several previous scholars made attempts to develop, extend, propose and apply Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) for solving problems in decision making issues. Indeed, there are questions, how TOPSIS can help for solving these problems? Or does TOPSIS solved decision making problems in the real world? Therefore, this study shows the recent developments of TOPSIS approach which are presented by previous scholars. To achieve this objective, there are 105 reviewed papers which developed, extended, proposed and presented TOPSIS approach for solving DM problems. The results of the study indicated that 49 scholars have extended or developed TOPSIS technique and 56 scholars have proposed or presented new modifications for problems solution related to TOPSIS technique from 2000 to 2015. In addition, results of this study indicated that, previous studies have modifications related to this technique in 2011 more than other years.

Keywords: Multi-criteria; multi-attribute; decision-making methods; MCDM; MADM; recent development; TOPSIS; fuzzy TOPSIS (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (59)

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DOI: 10.1142/S0219622016300019

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