Click for new scientific resources and news about Corona[COVID-19]

Paper Information

Journal:   MODERN RESEARCHES IN DECISION MAKING   SUMMER 2016 , Volume 1 , Number 2; Page(s) 193 To 214.
 
Paper: 

REPRESENTING A MULTI-STEP TECHNIQUE OF THE COMMON WEIGHT AND TOPSIS FOR RANKING UNITS

 
 
Author(s):  HEMATI MOHAMMAD*, ABBASI SAEEDEH
 
* MANAGEMENT DEPARTMENT, SEMNAN BRANCH, ISLAMIC AZAD UNIVERSITY, SEMNAN, IRAN
 
Abstract: 

In evaluating of organizations and institutions, one of the most important goals is to rank the units based on their performance. Since commonly used method of decision-making in data envelopment analysis may lead to several efficient units, selecting the best of all units is always one of the main challenges in data envelopment analysis. In this connection, different methods have been introduced for ranking units. In this paper, a new method called common weights has been studied in detail. Two techniques (common weight and TOPSIS) have been studied on the real data of 17 banks in Semnan province. The results indicate that both two methods have achieved perfect ratings. Comparing the two methods shows that the common weight rating is much closer to the reality. In addition, common weight is a non-parametric method and has received a better rating based on the efficiency (relative) of efficient units. In the suggested method (common weight), all decision-making units have been taken together, while in the TOPSIS model, it is not so.

 
Keyword(s): DATA ENVELOPMENT ANALYSIS, TOPSIS, RANKING, COMMON WEIGHT
 
 
References: 
  • Not Registered.
  •  
  •  
 
Citations: 
  • Not Registered.
 
+ Click to Cite.
APA: Copy

HEMATI, M., & ABBASI, S. (2016). REPRESENTING A MULTI-STEP TECHNIQUE OF THE COMMON WEIGHT AND TOPSIS FOR RANKING UNITS. MODERN RESEARCHES IN DECISION MAKING, 1(2), 193-214. https://www.sid.ir/en/journal/ViewPaper.aspx?id=511415



Vancouver: Copy

HEMATI MOHAMMAD, ABBASI SAEEDEH. REPRESENTING A MULTI-STEP TECHNIQUE OF THE COMMON WEIGHT AND TOPSIS FOR RANKING UNITS. MODERN RESEARCHES IN DECISION MAKING. 2016 [cited 2021August05];1(2):193-214. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=511415



IEEE: Copy

HEMATI, M., ABBASI, S., 2016. REPRESENTING A MULTI-STEP TECHNIQUE OF THE COMMON WEIGHT AND TOPSIS FOR RANKING UNITS. MODERN RESEARCHES IN DECISION MAKING, [online] 1(2), pp.193-214. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=511415.



 
 
Persian Abstract Yearly Visit 53
 
 
Latest on Blog
Enter SID Blog