• DocumentCode
    2667114
  • Title

    Application of TOPSIS analysis method based on AHP in bid evaluation of power equipment

  • Author

    Jiang, Chen Zhao ; Yan, Zhang

  • Author_Institution
    Sch. of Econ. & Adm., North China Electr. Power Univ., Beijing, China
  • fYear
    2010
  • fDate
    17-19 Sept. 2010
  • Firstpage
    193
  • Lastpage
    196
  • Abstract
    Because of the uncertainty of indexes in the bid evaluation of power equipment, the paper applies TOPSIS analysis method based on AHP to the bid evaluation of power equipment. In accordance with bidding rules of power system equipment, the paper establishes the index system for bid evaluation of power equipment and uses AHP to determine the weight value of each evaluation index. On this basis, combining with the standardized evaluation value of each indicator which is determined by the quantitative integrated appraisal method (expert scoring), the paper uses TOPSIS method to calculate close degree between the bidding units and ideal solution and ranks them.
  • Keywords
    commerce; decision making; power apparatus; AHP; TOPSIS analysis method; bid evaluation; power system equipment; Companies; Economics; Indexes; Materials; Power system reliability; AHP; TOPSIS method; bid evaluation; power equipment;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on
  • Conference_Location
    Chongqing
  • Print_ISBN
    978-1-4244-6927-7
  • Type

    conf

  • DOI
    10.1109/ICIFE.2010.5609280
  • Filename
    5609280