Multi-Criteria Decision Aid (MCDA) or Multi-Criteria Decision Making (MCDM) methods have received much attention from researchers and practitioners in evaluating, assessing and ranking alternatives across diverse industries. Among numerous MCDA/MCDM methods developed to solve real-world decision problems, the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) continues to work satisfactorily across different application areas. In this paper, we conduct a state-of-the-art literature survey to taxonomize the research on TOPSIS applications and methodologies. The classification scheme for this review contains 266 scholarly papers from 103 journals since the year 2000, separated into nine application areas: (1) Supply Chain Management and Logistics, (2) Design, Engineering and Manufacturing Systems, (3) Business and Marketing Management, (4) Health, Safety and Environment Management, (5) Human Resources Management, (6) Energy Management, (7) Chemical Engineering, (8) Water Resources Management and (9) Other topics. Scholarly papers in the TOPSIS discipline are further interpreted based on (1) publication year, (2) publication journal, (3) authors' nationality and (4) other methods combined or compared with TOPSIS. We end our review paper with recommendations for future research in TOPSIS decision-making that is both forward-looking and practically oriented. This paper provides useful insights into the TOPSIS method and suggests a framework for future attempts in this area for academic researchers and practitioners.

Review: A state-of the-art survey of TOPSIS applications

Data envelopment analysis (DEA) - Thirty years on

In this Chapter, we imagine a decision maker (or a group of experts) trying to establish or examine fair procedures to combine opinions about alternatives related to different points of view.

Multiple criteria decision making

Multiple criteria decision-making (MCDM) is considered as a complex decision-making (DM) tool involving both quantitative and qualitative factors. In recent years, several MCDM techniques and approaches have been suggested to choosing the optimal probable options. The purpose of this article is to systematically review the applications and methodologies of the MCDM techniques and approaches. This study reviewed a total of 393 articles published from 2000 to 2014 in more than 120 peer reviewed journals (extracted from Web of Science). According to experts’ opinion, these articles were grouped into 15 fields. Furthermore, these articles were categorised based on authors, publication date, name of journals, methods, tools, and type of research (MCDM utilising research, MCDM developing research, and MCDM proposing research). The results of this study indicated that in 2013 scholars have published articles more than in other years. In addition, the analytic hierarchy process (AHP) method in the individual tool...

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Multiple criteria decision-making techniques and their applications – a review of the literature from 2000 to 2014

Extension of the TOPSIS method for decision-making problems with fuzzy data

http://www.irantahgig.ir/wp-content/uploads/40068.pdf

An algorithmic method to extend TOPSIS for decision-making problems with interval data

Solving a full fuzzy linear programming using lexicography method and fuzzy approximate solution

http://www.irantahgig.ir/wp-content/uploads/40027.pdf

F. Hosseinzadeh Lotfi

Papers

Extension of the TOPSIS method for decision-making problems with fuzzy data

An algorithmic method to extend TOPSIS for decision-making problems with interval data

Solving a full fuzzy linear programming using lexicography method and fuzzy approximate solution

Extension of TOPSIS for decision-making problems with interval data: Interval efficiency

A note on some of dea models and finding efficiency and complete ranking using common set of weights