@article{(Open Science Index):https://publications.waset.org/pdf/14, title = {Project Selection by Using a Fuzzy TOPSIS Technique}, author = {M. Salehi and R. Tavakkoli-Moghaddam}, country = {}, institution = {}, abstract = {Selection of a project among a set of possible alternatives is a difficult task that the decision maker (DM) has to face. In this paper, by using a fuzzy TOPSIS technique we propose a new method for a project selection problem. After reviewing four common methods of comparing investment alternatives (net present value, rate of return, benefit cost analysis and payback period) we use them as criteria in a TOPSIS technique. First we calculate the weight of each criterion by a pairwise comparison and then we utilize the improved TOPSIS assessment for the project selection.}, journal = {International Journal of Industrial and Manufacturing Engineering}, volume = {2}, number = {4}, year = {2008}, pages = {375 - 380}, ee = {https://publications.waset.org/pdf/14}, url = {https://publications.waset.org/vol/16}, bibsource = {https://publications.waset.org/}, issn = {eISSN: 1307-6892}, publisher = {World Academy of Science, Engineering and Technology}, index = {Open Science Index 16, 2008}, }