Topsis 3.10
Latest version:
3.10
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Developer:
Statistical Design Institute
Topsis is a decision-making technique that helps to identify the ideal solution among a set of alternatives. It is based on the concept of similarity to an ideal solution, and is used to compare and rank options.
TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) is a decision making technique that fits between the qualitative Pugh Matrix and quantitative SDI Matrix approaches. TOPSIS is a Goal-based approach for finding the alternative that is closest to the ideal solution .
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