Title :
The research of grey relational ideal method based on equilibrium point
Author :
An Yan ; Shujing Xie ; Feng Pei ; Xinbao Liu
Author_Institution :
Sch. of Manage., Hefei Univ. of Technol., Hefei, China
Abstract :
Considering the existence of evaluations and opinions of the experts and practitioners in reality, the concept of equilibrium point is introduced to the process of multiple attribute decision making in this paper. A new approach based on the combination of GRA and TOPSIS is presented adding the subjective and objective equilibrium point to consider the ranking results influenced by subjective preference. The feasibility and effectiveness of the proposed method is demonstrated through comparing and analyzing a students scores ranking example with another method.
Keywords :
decision making; grey systems; GRA; TOPSIS; grey relational ideal method; multiple attribute decision making; objective equilibrium point; students scores ranking; subjective equilibrium point; subjective preference; technique for order performance by similarity to ideal solution; Computational modeling; Correlation; Decision making; Educational institutions; Expert systems; Sun; Weapons; Equilibrium Point; Grey Relational Analysis; Grey Relational Idea Method; Multiple attribute decision making; TOPSIS;
Conference_Titel :
Fuzzy Systems and Knowledge Discovery (FSKD), 2011 Eighth International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-61284-180-9
DOI :
10.1109/FSKD.2011.6019726