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International Journal of Mathematical, Engineering and Management Sciences

ISSN: 2455-7749 . Open Access


An Overview of Multi-Criteria Decision Analysis and the Applications of AHP and TOPSIS Methods

An Overview of Multi-Criteria Decision Analysis and the Applications of AHP and TOPSIS Methods

Shshank Chaube
Department of Physical Sciences, Jaypee University Anoopshahr, Bulandshahr, Uttar Pradesh, India.

Sangeeta Pant
Department of Applied Sciences, Symbiosis Institute of Technology, Symbiosis International (Deemed University), Lavale, Pune, Maharashtra, India.

Anuj Kumar
School of Computer Science Engineering & Applications, D.Y. Patil International University, Akrudi, Pune, Maharashtra, India.

Shaurya Uniyal
Department of Applied Sciences, University of Petroleum & Energy Studies, Dehradun, Uttarakhand, India.

Manoj Kumar Singh
School of Computer Science Engineering and Technology, Bennett University, Greater Noida, Uttar Pradesh, India.

Ketan Kotecha
Symbiosis Institute of Technology, Symbiosis International (Deemed University), Lavale, Pune, Maharashtra, India.

Akshay Kumar
Department of Mathematics, Graphic Era Hill University, Dehradun, Uttarakhand, India.

DOI https://doi.org/10.33889/IJMEMS.2024.9.3.030

Received on November 23, 2024
  ;
Accepted on February 15, 2024

Abstract

The integration of multiple technical, economic, environmental, and social criteria establishes Multi-Criteria Decision Analysis (MCDA) as a dependable decision-making tool in the context of interdisciplinary research. This study employs a literature-based methodology to illustrate how MCDA, particularly utilizing the Analytical Hierarchy Process (AHP) and TOPSIS models, has been utilized to tackle intricate decision-making issues. It also highlights the noteworthy discoveries derived from real-world applications, drawing upon previous research and case studies. This study explores the methodologies employed in the commonly utilized AHP and TOPSIS approaches, highlighting their broad applicability across various industries from 2000 to 2023. Additionally, a comprehensive examination of the applications of MCDA has been organized into five distinct sectors, namely supply chain, healthcare, business, resource management, and engineering & manufacturing.

Keywords- Multi-criteria decision analysis (MCDA), Analytical hierarchy process (AHP), TOPSIS, Supply chain, Healthcare, Business, Resource management, Engineering & manufacturing.

Citation

Chaube, S., Pant, S., Kumar, A., Uniyal, S., Singh, M. K. Kotecha, K., & Kumar, A. (2024). An Overview of Multi-Criteria Decision Analysis and the Applications of AHP and TOPSIS Methods. International Journal of Mathematical, Engineering and Management Sciences, 9(3), 581-615. https://doi.org/10.33889/IJMEMS.2024.9.3.030.