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Sort articles by: Volume | Date | Most Rates | Most Views | Reviews | Alphabet
1.

Multi-criteria analysis of renewable energy alternatives in southwest Sumba using TOPSIS method with 5C framework Pages 251-264 Right click to download the paper Download PDF

Authors: Hamzah Hamzah, Retno Martanti Endah Lestari, Hendro Sasongko, Heirunissa Heirunissa, Daud Obed Bekak

DOI: 10.5267/j.dsl.2025.2.002

Keywords: Energy Security, Renewable Energy, Solar Energy, Sustainable Development, TOPSIS

Abstract:
Renewable energy development is important for improving energy security and economic growth in Indonesia. This study identifies the best renewable energy potential in Southwest Sumba, East Nusa Tenggara Province, using the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method based on 5C criteria: Consolidated, Controllable, Continue, Clean, and Cheap. The research uses a multi-criteria decision-making approach, using primary data from expert interviews and secondary data from literature reviews. The TOPSIS analysis shows that solar energy has the highest preference value, followed by bioenergy and hydropower. Technical assessments show important implementation requirements for each renewable energy option. The study recommends prioritizing solar energy development, supporting bioenergy projects, improving micro-hydro facilities, and creating clear renewable energy policies. Success depends on cooperation between stakeholders and aligning renewable energy development with regional sustainability and community needs. These efforts can help Southwest Sumba develop its renewable energy sector and contribute to national energy security goals.
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Journal: DSL | Year: 2025 | Volume: 14 | Issue: 2 | Views: 135 | Reviews: 0

 
2.

Integrating the AHP and TOPSIS methods to select accounting staff Pages 473-482 Right click to download the paper Download PDF

Authors: Anh Tuan Nguyen, Vo Van Tuye

DOI: 10.5267/j.dsl.2024.12.008

Keywords: Analytical Hierarchy Process, TOPSIS, Accountant, Communication skills, Professional skills

Abstract:
This study aims to select accountants for a business in Vietnam. The study engaged in focused discussions with experts to establish the criteria for an accountant. Next, structured interviews were conducted with experts to collect data comparing each pair of criteria and expert scoring data for each candidate according to each criterion. Then, the Analytical Hierarchy Process (AHP) was applied to determine the weight Wj of each criterion of an accountant, and finally the TOPSIS method was applied to find the similarity coefficient with the ideal solution Ci* for each candidate selection option. The result was that candidate A1 was selected because he had the highest Ci* coefficient of 0.81479; at the same time, through the weighted results Wj of the criteria, it showed that experts highly appreciated the candidate for the following outstanding characteristics: communication skills (W1 = 0.4108), professional skills (W4 = 0.2527), and personal skills (W2 = 0.1613).

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Journal: DSL | Year: 2025 | Volume: 14 | Issue: 2 | Views: 81 | Reviews: 0

 
3.

Selection of dream-11 players in T20 cricket by using TOPSIS method Pages 257-264 Right click to download the paper Download PDF

Authors: Ch. Himagireesh, P.V. P.V., B. B., Taj Taj

DOI: 10.5267/j.msl.2023.6.001

Keywords: Dream11, Multi Criteria Decision Making, TOPSIS, AHP

Abstract:
In terms of competitors, spectators, and media interest, cricket is one of the favorite international sports. At the international level, cricket may be played in three formats: a five-day Test, a one-day International (ODI) for each squad of 50 overs, and a Twenty-Twenty (T20) for each team of 20 overs. Various online games that are based on the aforementioned cricket forms allow players to form a virtual squad of real-life players and score points based on how well they perform in real matches. A user gains better rank on the leaderboard if they get the most points in all of the contests they have participated in. Dream11 is one such online gaming platform which offers free and paid contests and thereby gamers can win some cash rewards. So users can select the eleven players and form a team. These eleven players should be selected from the two teams between which the match will be played. Additionally, these eleven players may be chosen from either one team or a combination of the two teams. To identify the eleven players for the T20 cricket format who can provide the maximum score to get the best rank in competitions, many studies employ Multi Criteria Decision Making (MCDM).In this paper, the TOPSIS method is utilized (weights of the performance factors of players are evaluated by using AHP) to determine the top eleven players.
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Journal: MSL | Year: 2023 | Volume: 13 | Issue: 4 | Views: 1144 | Reviews: 0

 
4.

Applying TOPSIS to selecting business accounting software: A case study at Truong Son Technology Development Investment Joint Stock Company Pages 845-852 Right click to download the paper Download PDF

Authors: Thi Thanh Loan Nguyen, Thi Nga Tran, Thi Hong Nga Nguyen, Thi Quyen Bui, Thi Thanh Huong Nguyen

DOI: 10.5267/j.dsl.2024.8.007

Keywords: MCDM, TOPSIS, Accounting software, Evaluate and choosing supplier

Abstract:
This study aimed to build a model and set of criteria to evaluate and select business accounting software providers for Truong Son Technology Investment and Development Joint Stock Company. The study helped choose the most suitable supplier that meets the criteria that the company desired. The research proposed the Technique of Order Preference Similarity to the Ideal Solution (TOPSIS) model and was also applied in the case of selecting accounting software suppliers for Truong Son Technology Investment and Development Joint Stock Company. There were 5 business accounting software packages considered: Misa business accounting software, Bravo accounting software, FAST Accounting software, Effect accounting software, and Gamma accounting software. The ranking results of accounting software providers at Truong Son Technology Investment and Development Joint Stock Company were as follows: A1 (Misa Business Accounting Software) was the best supplier, second-ranking was A3 (FAST Accounting software), followed by A2 (Bravo Accounting Software) in third place. The findings of this study could be used as a valuable reference for businesses to choose the best supplier.
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Journal: DSL | Year: 2024 | Volume: 13 | Issue: 4 | Views: 270 | Reviews: 0

 
5.

A proposed NCAAA-based approach to the self-evaluation of higher education programs for academic accreditation: A comparative study using TOPSIS Pages 333-352 Right click to download the paper Download PDF

Authors: Ammar Y. Alqahtani, Anas A. Makki, Reda M. S. Abdulaal

DOI: 10.5267/j.dsl.2023.1.003

Keywords: NCAAA, Educational programs, Quality standards, Self-evaluation, TOPSIS

Abstract:
Quality standards must be fulfilled to satisfy a base level of quality. Despite using this idea as a foundation, evaluations of academic programs still rely on the evaluators' experiences and may differ from one evaluator to the next. As a result, more precise evaluation approaches must be created to ensure quality is accurately reflected. The main goal of this research paper is to propose and evaluate an approach to assessing higher educational programs using the Self-Evaluation Scale (SES) developed by the Saudi National Commission for Academic Accreditation and Evaluation (NCAAA). The proposed approach is a breakdown of the original performance criteria and standards into sub-criteria and elements to ensure the required data quality. The second goal is to compare the NCAAA's original performance criteria and the proposed evaluation sub-criteria. A comparison framework that uses the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) is developed. Data from eight programs offered in a Middle Eastern University was used for the application and comparison between the two evaluation approaches. Results show that both approaches provide different quality performance rankings. The proposed approach demonstrated more conservative and accurate overall quality performance ratings, indicating that application decisions for accreditation are affected.
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Journal: DSL | Year: 2023 | Volume: 12 | Issue: 2 | Views: 960 | Reviews: 0

 
6.

Selection of optimum plant layout using AHP-TOPSIS and WASPAS approaches coupled with Entropy method Pages 545-562 Right click to download the paper Download PDF

Authors: Anand S. Shivade, Sagar U. Sapkal

DOI: 10.5267/j.dsl.2022.5.002

Keywords: Unequal area plant layout, MCDM, AHP, TOPSIS, WASPAS, Entropy method, Rank Reversal

Abstract:
Layout design and selection often have notable effects on the performance of the manufacturing industry. This research investigates the Multi-Criteria Decision Making (MCDM) approach to find out the optimum plant layout design. The proposed methodology is demonstrated through the real-life setting for the gearbox manufacturing industry. Manual and computerized layout generation approach is used efficiently and accordingly, six layout designs are generated. The approach takes into account qualitative as well as quantitative performance criteria for the selection of layout design. Analytical Hierarchy Process (AHP) is applied to obtain the weight of qualitative measures. Ranking of alternatives is obtained through the application of Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) and Weighted Aggregated Sum-Product Assessment (WASPAS) both integrated with the Entropy method. Empirical findings indicate that the rank acquired using the TOPSIS method is perfectly parallel to those acquired through the WASPAS method, which confirms the applicability and potential of these methods. Also, the effect of the parameter λ in WASPAS method on performance score is stable. At the same time, this paper analyses the rank reversal phenomenon and proves that the ranking proposed by TOPSIS satisfies ranking stability.
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Journal: DSL | Year: 2022 | Volume: 11 | Issue: 4 | Views: 1045 | Reviews: 0

 
7.

Parametric analysis of dry machining process using a novel integrated multi-attribute decision making approach Pages 193-202 Right click to download the paper Download PDF

Authors: G. Venkata Ajay Kumar, A. Ramaa, M. Shilpa

DOI: 10.5267/j.dsl.2021.11.001

Keywords: Dry machining, DEMATEL, CRITIC, TOPSIS, EN 24 alloy steel

Abstract:
In most of the machining processes, the complexity arises in the selection of the right process parameters, which influence the machining process and output responses such as machinability and surface roughness. In such situations, it is important to estimate the inter-relationships among the output responses. One such method, Decision-Making Trial and Evaluation Laboratory (DEMATEL) is applied to study the inter-relationships of the output responses. Estimation of proper weights is also crucial where the output responses are conflicting in nature. In the current study, DEMATEL technique is used for estimating the inter-relationships for output responses in machining of EN 24 alloy under dry conditions. CRiteria Importance Through Inter-criteria Correlation (CRITIC) method is used to estimate the weights and finally the optimal selection of machining parameters is carried out using Techniques for Order Preference by Similarity to an Ideal Solution (TOPSIS) method. The model developed guides the decision maker in selection of precise weights, estimation of the inter relationships among the responses and selection of optimal process parameters.
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Journal: DSL | Year: 2022 | Volume: 11 | Issue: 2 | Views: 1348 | Reviews: 0

 
8.

An application of TOPSIS and BWM for portfolio allocation Pages 221-228 Right click to download the paper Download PDF

Authors: Seyedeh Yalda Ghorbani Amrei, Amir Teymourian

DOI: 10.5267/j.ac.2024.7.001

Keywords: Financial metrics, MCDM, TOPSIS, BWM

Abstract:
This article introduces a comprehensive analysis of 20 leading companies, scrutinized through their financial metrics across various sectors. By deploying multi-criteria decision-making (MCDM) techniques, we aim to offer investors a clear and objective perspective on which companies stand out as the best investment options. Among the MCDM techniques, the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) is utilized, renowned for its efficiency in handling complex decision-making scenarios which is conducted by two clauses. 1) Implementing TOPSIS with assigning equal weights and same share to every chosen metrics as criteria and 2) employ BWM (Best Worst Method) to calculate these weights base on their significance and relevancy to the prosses of ranking. According to the Result gained from the computation, ranks 1 to 5 belong to the similar companies with both assumptions which are Ford Motor Co, BP plc, Tesla Inc, General Motors Co and Exxon Mobil Corp. The consistency in rankings across two different weighting assumptions highlights the robustness of the criteria used, ensuring stable and reliable outcomes. This enhances the credibility of the findings, making them more trustworthy and citable for those who seek reliable and robust methodologies for informed investment decisions.
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Journal: AC | Year: 2024 | Volume: 10 | Issue: 4 | Views: 308 | Reviews: 0

 
9.

Comparative analysis of airline financial and operational performances: A fuzzy AHP and TOPSIS integrated approach Pages 361-374 Right click to download the paper Download PDF

Authors: Ki-Hwan Gabriel Bae, Aman Gupta, Ronald Mau

DOI: 10.5267/j.dsl.2021.2.002

Keywords: Fuzzy AHP, TOPSIS, Multi-Criteria Decision Making (MCDM), Airline, Financial performance

Abstract:
Already faced with tight competition and low profit margins, the airline industry is going through major changes in the wake of the current pandemic resulting in travel restrictions and slump demands, prompting airlines to curtail services and investments in every aspect of business. To that end, developing a comprehensive method of improving airline performance measures is crucial. However, this type of problem is complex to solve due to a large number of factors, requiring a systematic approach. It entails taking into account a multitude of conflicting, or sometimes interrelated criteria, hence becoming an inherently multiple criteria decision making problem. This study is aimed to assess the competitiveness of airlines and evaluate their financial and operational performances in relation to such criteria. We test FAHP, TOPSIS, and a hybrid method of combining FAHP and TOPSIS methods. In particular, regarding the hybrid method, FAHP is employed to determine the influential weights of criteria that are utilized in TOPSIS for preference values among alternatives. We demonstrate the applicability of the proposed methods to solving a MCDM problem of airline performance assessments using real data sets. Further, this study focuses on examining the relationship between financial and operational performance criteria, as well as gleaning insights for airlines to build an evaluation system that would aid in understanding their strength and weakness in the performance metrics. The computational experiment results of our hybrid FAHP-TOPSIS model support the efficacy of incorporating fuzzy values concerning influential weight criteria. By judiciously distributing criteria weights that are specific to the airline industry, our proposed model captures preference scores reflective of industry-related and concurrent measures. This modeling framework can help airlines better evaluate the systematic influential relation structure among criteria in critical financial and operational dimensions.
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Journal: DSL | Year: 2021 | Volume: 10 | Issue: 3 | Views: 1384 | Reviews: 0

 
10.

A hybrid of Borda-TOPSIS for risk analysis of Islamic state network development in southeast Asia Pages 185-194 Right click to download the paper Download PDF

Authors: Mohd Zaini Salleh, Azrul Azlan Abd Rahman, Rogis Baker, A. Octavian, Joni Widjayanto, I Nengah Putra, Pujo Widodo

DOI: 10.5267/j.dsl.2020.11.001

Keywords: Risk Analysis, Islamic State (IS), Borda, TOPSIS, Southeast Asia

Abstract:
In a decision-making environment related to risk, there are four basic circumstances, namely certainty, risk, uncertainty and conflict. The dynamics of the strategic environment in Southeast Asia cannot be separated from the movement of the development of the Islamic State (IS). The terror threat in Southeast Asia is currently divided into different generations of terror, namely the threat of the Al-Qaeda terror network and the threat of the ISIS terror network. This study aims to analyze and identify the risk value of the development of the Islamic State network in Southeast Asia using the Borda and TOPSIS methods. The Borda method is used to give weight to the criteria related to risk analysis. The TOPSIS method is used to provide a criteria-based risk score. This research is limited to the Southeast Asia region with 4 (four) major countries, namely Indonesia, Malaysia, Thailand, and the Philippines. This research is expected to contribute to control the development of Islamic state networks in the Southeast Asian region. Based on the results of the overall risk analysis, it was found that the Philippines has the highest risk factor value for Islamic State (IS) with a value of 0.550 at level 4 in the High category. Indonesia maintains a risk factor value of 0.307. Thailand has a risk factor value of 0.427. Indonesia and Thailand are at level 3 with the Medium category. Meanwhile, Malaysia has a risk factor value of 0.203 at level 2 in the Low category.
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Journal: DSL | Year: 2021 | Volume: 10 | Issue: 2 | Views: 1255 | Reviews: 0

 
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