A generalised fuzzy TOPSIS with improved closeness coefficient.

In this paper, we propose a Generalised-Fuzzy-TOPSIS method as a versatile evaluation model. The model is suitable for different types of fuzzy or interval-valued numbers, with or without subjective weights of criteria being defined by evaluators. Additionally, we extend the final ranking step of the TOPSIS method, which is the calculation of closeness coefficient based on the separation from Negative Ideal Solution (NIS) and proximity to Positive Ideal Solution (PIS). Experiments show that with the same focus on PIS and NIS distances, our proposed ranking is identical to TOPSIS, and also performs very well when varying the distance weights. The applicability of the proposed method is demonstrated with relevant examples of technology and material selection in the context of additive manufacturing. Sensitivity analyses, based on subjective weights of criteria, degree of optimism, evaluators’ weights in group decision making, and distance weights, are presented to assist managers in making more informed decisions. [ABSTRACT FROM AUTHOR]