Safety Evaluation of Petroleum Resources Based on Grey Correlation-TOPSIS

Author

Hao, Liao

Author_Institution

Coll. of Bus. Adm., Chongqing Univ. of Sci. & Technol., Chongqing, China

fYear

2012

fDate

17-19 Aug. 2012

Firstpage

1327

Lastpage

1330

Abstract

The safety evaluation of petroleum resources based on Grey Correlation-TOPSIS is simple but practical, scientific and reasonable with certain application value. The safety evaluation of petroleum resources based on Grey Correlation-TOPSIS applies approximation coefficient of grey correlation for evaluating the safety degree of petroleum resources and effectively overcomes the shortcomings that the conventional ranking method of approximation to ideal solution cannot fully explore the similar information of data. The ranking result is as follows according to the relative approximation coefficient: America, Germany, Japan, China and India.

Keywords

decision making; grey systems; petroleum industry; safety; America; China; Germany; India; Japan; approximation coefficient; conventional ranking method; grey correlation-TOPSIS; petroleum resources; safety evaluation; Approximation methods; Correlation; Equations; Indexes; Mathematical model; Petroleum; Safety; Grey correlation; Topsis; petroleum resources; safety evaluation;

fLanguage

English

Publisher

ieee

Conference_Titel

Computational and Information Sciences (ICCIS), 2012 Fourth International Conference on

Conference_Location

Chongqing

Print_ISBN

978-1-4673-2406-9

Type

conf

DOI

10.1109/ICCIS.2012.272

Filename

6301409