MULTI-CRITERIA DECISION APPROACH WITH AHP AND IF-TOPSIS METHODS FOR R&D PROJECT SELECTION PROCESS

In this study, we examined the project selection process in a mould manufacturing company. We ranked 12 criteria via Analytic Hierarchy Process (AHP) and evaluated the most important 8 criteria. Then we applied Intuitionistic Fuzzy TOPSIS (IF-TOPSIS) method, which is the extended version of the TOP...

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Bibliographic Details
Main Authors: EZGİ GÜLER, SELEN AVCI, ZERRİN ALADAĞ
Format: Article
Language:English
Published: Alma Mater Publishing House "Vasile Alecsandri" University of Bacau 2019-09-01
Series:Journal of Engineering Studies and Research
Subjects:
Online Access:https://jesr.ub.ro/index.php/1/article/view/26
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Summary:In this study, we examined the project selection process in a mould manufacturing company. We ranked 12 criteria via Analytic Hierarchy Process (AHP) and evaluated the most important 8 criteria. Then we applied Intuitionistic Fuzzy TOPSIS (IF-TOPSIS) method, which is the extended version of the TOPSIS method in intuitionistic fuzzy environment. After expressing the decision makers' evaluations in linguistic terms, we turned them into intuitive fuzzy numbers. In the last step, we obtained the project rankings by calculating the closeness coefficient for 5 projects.
ISSN:2068-7559
2344-4932