An Improved Method Based on TODIM and TOPSIS for Multi-Attribute Decision-Making with Multi-Valued Neutrosophic Sets

Due to the complexity of decision-making problems and the subjectivity of decision-makers in practical application, it is necessary to adopt different forms of information expression according to the actual situation of specific decision-making problems and choose the best method to solve them. Multi-valued neutrosophic set, as an extension of neutrosophic set, can more effectively and accurately describe incomplete, uncertain or inconsistent information. TODIM and TOPSIS methods are two commonly used multi-attribute decision-making methods, each of which has its advantages and disadvantages. This paper proposes a new method based on TODIM and TOPSIS to solve multi-attribute decision-making problems under multi-valued neutrosophic environment. After introducing the related theory of multi-valued neutrosophic set and the traditional TODIM and TOPSIS methods, the new method based on a combination of TODIM and TOPSIS methods is described. And then, two illustrative examples proved the feasibility and validity of the proposed method. Finally, the result has been compared with some existing methods under the same examples and the proposed method's superiority has been proved. This paper studies this kind of decision-making problem from algorithm idea, algorithm steps and decision-making influencing factors.

Automated summary

Decision-making problems are complex and subjective, requiring different forms of information expression and the best method for specific situations; multi-valued neutrosophic set effectively describes incomplete, uncertain, or inconsistent information; a new method combining TODIM and TOPSIS is proposed to solve multi-attribute decision-making problems.