Abstract
In this paper, we extend TOPSIS (Technique for Order Preference by Similarity Ideal Solution) for solving Large Scale Bi-level Linear Vector Optimization Problems (LS-BL-LVOP). In order to obtain a compromise ( satisfactory) solution to the LS-BL-LVOP problems using the proposed TOPSIS approach, a modified formulas for the distance function from the positive ideal solution (PIS ) and the distance function from the negative ideal solution (NIS) are proposed and modeled to include all the objective functions of both the first and the second levels. An interactive decision making algorithm for generating a compromise ( satisfactory) solution through TOPSIS approach is provided where the first level decision maker (FLDM) is asked to specify the relative importance of the objectives. Finally, a numerical example is given to clarify the main results developed in the paper.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Research in Business and Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.