Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of Alternatives

Most of data in Multi-attribute decision making (MADM) problems are changeable rather than constant and stable. Therefore, sensitivity analysis after problem solving can effectively contribute to making accurate decisions. In this paper, we offer a new method for sensitivity analysis in multi-attri...

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Main Authors: Alireza Alinezhad, Abbas Amini
Format: Article
Language:English
Published: Islamic Azad University, Qazvin Branch 2011-01-01
Series:Journal of Optimization in Industrial Engineering
Subjects:
Online Access:http://www.qjie.ir/article_63_d1c51d292409fb849bdc6c56f06cceea.pdf
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spelling doaj-3afcaa9a8dbc461e968feec7710f85c12020-11-24T21:54:41ZengIslamic Azad University, Qazvin BranchJournal of Optimization in Industrial Engineering2251-99042423-39352011-01-01Volume 4Issue 7232863Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of AlternativesAlireza Alinezhad0Abbas Amini1Assistant Professor, Faculty of Industrial and Mechanical Engineering, Qazvin Branch, Islamic Azad University, Qazvin, Iran.MSc, Department of Industrial Engineering, Tarbiat Modarres University, Tehran, Iran.Most of data in Multi-attribute decision making (MADM) problems are changeable rather than constant and stable. Therefore, sensitivity analysis after problem solving can effectively contribute to making accurate decisions. In this paper, we offer a new method for sensitivity analysis in multi-attribute decision making problems in which if the weights of one attribute changes, then we can determine changes in the results of the problem. These changes involve changes in the weight of other attributes and the change in the final rank of alternatives. This analysis was conducted for Technique for order-preference by similarity to ideal solution (TOPSIS) technique, one of the most frequently used multi-attribute decision making techniques, and the formulas were obtained. The paper continues with a numerical example and at last conclusions and suggestions for future researches are offered.http://www.qjie.ir/article_63_d1c51d292409fb849bdc6c56f06cceea.pdfMulti-attribute decision making (MADM)TOPSIS techniqueSensitivity Analysis
collection DOAJ
language English
format Article
sources DOAJ
author Alireza Alinezhad
Abbas Amini
spellingShingle Alireza Alinezhad
Abbas Amini
Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of Alternatives
Journal of Optimization in Industrial Engineering
Multi-attribute decision making (MADM)
TOPSIS technique
Sensitivity Analysis
author_facet Alireza Alinezhad
Abbas Amini
author_sort Alireza Alinezhad
title Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of Alternatives
title_short Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of Alternatives
title_full Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of Alternatives
title_fullStr Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of Alternatives
title_full_unstemmed Sensitivity Analysis of TOPSIS Technique: The Results of Change in the Weight of One Attribute on the Final Ranking of Alternatives
title_sort sensitivity analysis of topsis technique: the results of change in the weight of one attribute on the final ranking of alternatives
publisher Islamic Azad University, Qazvin Branch
series Journal of Optimization in Industrial Engineering
issn 2251-9904
2423-3935
publishDate 2011-01-01
description Most of data in Multi-attribute decision making (MADM) problems are changeable rather than constant and stable. Therefore, sensitivity analysis after problem solving can effectively contribute to making accurate decisions. In this paper, we offer a new method for sensitivity analysis in multi-attribute decision making problems in which if the weights of one attribute changes, then we can determine changes in the results of the problem. These changes involve changes in the weight of other attributes and the change in the final rank of alternatives. This analysis was conducted for Technique for order-preference by similarity to ideal solution (TOPSIS) technique, one of the most frequently used multi-attribute decision making techniques, and the formulas were obtained. The paper continues with a numerical example and at last conclusions and suggestions for future researches are offered.
topic Multi-attribute decision making (MADM)
TOPSIS technique
Sensitivity Analysis
url http://www.qjie.ir/article_63_d1c51d292409fb849bdc6c56f06cceea.pdf
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