A Correlation-Based TOPSIS Method for Multiple Attribute Decision Making with Single-Valued Neutrosophic Information

Author:

Zeng Shouzhen1,Luo Dandan1,Zhang Chonghui2,Li Xingsen3

Affiliation:

1. School of Business, Ningbo University, Ningbo 315211, P. R. China

2. College of Statistics and Mathematics, Zhejiang Gongshang University, Hangzhou 310018, P. R. China

3. Research Institute of Extenics and Innovation Methods, Guangdong University of Technology, Guangzhou 510006, P. R. China

Abstract

The single-valued neutrosophic set (SVNS) is considered as an attractive tool for handling highly uncertain and vague information. With this regard, different from the most current distance-based technique for order preference by similarity to ideal solution (TOPSIS) methods, this study proposes a correlation-based TOPSIS model for addressing the single-valued neutrosophic (SVN) multiple attribute decision making (MADM) problems. To achieve this aim, we first develop a novel conception of SVN correlation coefficient, whose significant feature is that it lies in the interval [[Formula: see text],1], which is in accordance with the classical correlation coefficient in statistics, whereas all the existing SVN correlation coefficients in the literature are within unit interval [0,1]. Afterwards, a weighted SVN correlation coefficient is also introduced to infuse the importance of attributes. Moreover, a correlation-based comprehensive index is further proposed to establish the central structure of TOPSIS model, called the SVN correlation-based TOPSIS approach. Finally, a numerical example and relevant comparative analysis are implemented to explain the applicability and effectiveness of the mentioned methodology.

Funder

National Social Science Fund of China

Publisher

World Scientific Pub Co Pte Lt

Subject

Computer Science (miscellaneous),Computer Science (miscellaneous)

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