The Application of TOPSIS in the Study of Plastic Industry’s Performance

• Main Authors: Hui-Wen Lin, 林慧雯
• Other Authors: Hsin-Hao Huang
• Format: Others
• Language: zh-TW
• Published: 2013
• Online Access: http://ndltd.ncl.edu.tw/handle/gb85v7

碩士 === 國立虎尾科技大學 === 工業工程與管理研究所 === 101 === In recent years, Taiwan’s plastic industry has faced pressure from the following two aspects: rapid changes in industry structure and industry migration trend. Therefore, how to improve company performance and value in order to maintain its competitiveness in the industry has become more and more important. The objective of this study is to evulate the performance of the ten listed companies in the pastic industry and determine the critical performance indexes for reference by companies in the industry to improve their performance and competitiveness in the future. Furthermore, investors can use these performance indexes to establish a better investment strategy. First, the fuzzy Delphi method is used in this study to determine performance indexes. Then, this study adapts financial statement data from Taiwan Stock Exchange Corporation’s Market Observation Post System and applies Technique for Order Preference by Similarity to Ideal Solution (TOPSIS） to rank the 2011 performance results of listed companies in the plastic industry. Twelve performance indexes are selected in this study. The result from TOPSIS method shows that the best performance company is China Petrochemical Development Corportaion with a performance index (Ci) value of 70.70%; the worst performance company is Tong Yang Industry Co., Ltd. with a Ci value of 16.51%.