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Model Perspective
Model Perspective
Jan 24, 2025 · Fundamentals

Mastering Weight Generation and Multi‑Criteria Evaluation Methods for Modeling Competitions

This article reviews common weight‑generation and multi‑criteria evaluation techniques—including AHP, entropy, TOPSIS, fuzzy evaluation, CRITIC, PCA, factor analysis, and DEA—explaining their mathematical foundations, advantages, and drawbacks to help competition participants choose the most suitable method for complex decision problems.

AHPDEAEntropy
0 likes · 16 min read
Mastering Weight Generation and Multi‑Criteria Evaluation Methods for Modeling Competitions
Model Perspective
Model Perspective
Sep 18, 2023 · Fundamentals

Choosing the Perfect Option: A Practical Guide to the TOPSIS Method

This article introduces the TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) method, explains its mathematical modeling steps, and demonstrates its application through a smartphone selection example, highlighting how to rank alternatives by their closeness to an ideal solution.

TOPSISdecision analysismulti-criteria decision making
0 likes · 7 min read
Choosing the Perfect Option: A Practical Guide to the TOPSIS Method
Model Perspective
Model Perspective
Mar 13, 2023 · Fundamentals

Mastering TOPSIS: Step-by-Step Guide with Python Implementation

This article explains the TOPSIS multi‑criteria decision‑making technique, outlines its mathematical formulation, walks through the seven procedural steps, and demonstrates a complete Python example that normalizes data, computes distances, scores alternatives, and ranks the best solution.

PythonTOPSISdecision making
0 likes · 8 min read
Mastering TOPSIS: Step-by-Step Guide with Python Implementation
Model Perspective
Model Perspective
Nov 6, 2022 · Operations

Mastering TOPSIS: A Step-by-Step Guide to Multi-Criteria Decision Making

This article explains the TOPSIS technique, detailing its origin, core principle of distance to ideal solutions, and a clear seven-step procedure for applying it to rank alternatives in multi‑criteria decision problems.

TOPSISdecision analysismulti-criteria decision making
0 likes · 4 min read
Mastering TOPSIS: A Step-by-Step Guide to Multi-Criteria Decision Making
Model Perspective
Model Perspective
Sep 1, 2022 · Fundamentals

Mastering Evaluation Models: From TOPSIS to Entropy‑AHP for Decision Making

This article explains the fundamentals of evaluation models, outlines five key components of such problems, reviews common methods like TOPSIS, entropy weight, and AHP, and discusses innovative strategies such as composite indicators and combining evaluation models with each other or with predictive algorithms.

AHPTOPSIScomposite indicators
0 likes · 10 min read
Mastering Evaluation Models: From TOPSIS to Entropy‑AHP for Decision Making
Model Perspective
Model Perspective
Aug 19, 2022 · Fundamentals

Master Multi‑Criteria Decisions with VIKOR: Steps, Code, and TOPSIS Comparison

This article introduces the VIKOR multi‑criteria decision‑making method, explains its core concepts, outlines each computational step, compares it with TOPSIS, presents a real‑world energy‑saving case study, and provides a complete Python implementation.

MCDMMulti-CriteriaPython
0 likes · 11 min read
Master Multi‑Criteria Decisions with VIKOR: Steps, Code, and TOPSIS Comparison
Model Perspective
Model Perspective
May 30, 2022 · Fundamentals

How to Define the “Best” Object in Multi‑Criteria Evaluation Models

This article explains how to set the “best” reference in comprehensive evaluation models by introducing several modeling approaches—including full‑score, ideal‑object, TOPSIS, and DEA—along with the necessary terminology, weighting, and distance calculations.

DEATOPSISevaluation models
0 likes · 7 min read
How to Define the “Best” Object in Multi‑Criteria Evaluation Models
Model Perspective
Model Perspective
May 18, 2022 · Fundamentals

Mastering Evaluation Models: From TOPSIS to Entropy‑AHP for Decision‑Making

This article explains the concept of evaluation problems, outlines five essential elements, introduces common models such as TOPSIS, entropy weight, AHP, and fuzzy evaluation, and discusses how to combine and innovate evaluation models for more effective decision‑making.

AHPTOPSISentropy weight
0 likes · 10 min read
Mastering Evaluation Models: From TOPSIS to Entropy‑AHP for Decision‑Making
Model Perspective
Model Perspective
May 15, 2022 · Fundamentals

Mastering TOPSIS: A Step‑by‑Step Guide to Multi‑Criteria Decision Making

TOPSIS (Technique for Order Preference by Similarity to an Ideal Solution) is a widely used multi‑criteria decision‑making method that ranks alternatives by their geometric distance to an ideal positive solution and farthest from a negative solution, with a straightforward seven‑step process from data normalization to final ranking.

RankingTOPSISdecision analysis
0 likes · 4 min read
Mastering TOPSIS: A Step‑by‑Step Guide to Multi‑Criteria Decision Making
Model Perspective
Model Perspective
May 9, 2022 · Fundamentals

How to Master Multi‑Criteria Decision Making for Comprehensive Evaluations

This article explains the concept of comprehensive evaluation problems, outlines the five essential elements of an evaluation system, and reviews classic multi‑criteria decision‑making methods such as TOPSIS, entropy weighting, and AHP, while highlighting key practical considerations.

AHPTOPSISevaluation models
0 likes · 5 min read
How to Master Multi‑Criteria Decision Making for Comprehensive Evaluations