%0 Journal Article
	%A M. Salehi and  R. Tavakkoli-Moghaddam
	%D 2008
	%J International Journal of Industrial and Manufacturing Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 16, 2008
	%T Project Selection by Using a Fuzzy TOPSIS Technique
	%U https://publications.waset.org/pdf/14
	%V 16
	%X 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.
	%P 375 - 380