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Updated in 1/15/2018 6:37:46 AM      Viewed: 240 times      (Journal Article)

TOPSIS to optimize performance, reliability, and life cycle costs during analysis of alternatives

V Chandrasekar , WG White
ABSTRACT
Abstract This paper presents a decision analysis technique for conducting Analysis of Alternatives (AoA) at the end of the Materiel Solution Analysis (MSA) phase of the United States (US) Department of Defense (DOD) acquisition process. This modified fuzzy Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) is designed to provide Decision Makers (DM) with a tool to evaluate concept alternatives against performance criteria, reliability and Life Cycle Costs (LCC).