Extensions of the TOPSIS for group decision-making under fuzzy environment
Fuzzy Sets and Systems
Risk management in ERP project introduction: Review of the literature
Information and Management
Active ERP implementation management: A Real Options perspective
Journal of Systems and Software
An integrated decision making approach for ERP system selection
Expert Systems with Applications: An International Journal
IEEE Transactions on Fuzzy Systems
Combining grey relation and TOPSIS concepts for selecting an expatriate host country
Mathematical and Computer Modelling: An International Journal
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This paper presents a new fuzzy multicriteria decision making (FMCDM) approach, which integrates the technique for order preference by the similarity to ideal solution (TOPSIS), grey relation and fuzzy set theory, for enterprise resource planning (ERP) system evaluation and selection in the Small and Medium-Sized Enterprises (SMEs). In this study, the characteristic of the alternative with respect to the criteria are represented in terms of a linguistic term set, and the weight of the criteria is described by triangular fuzzy numbers, respectively. According to the grey theory and fuzzy set theory, a closeness coefficient is defined to determine the ranking order of all alternatives by calculating the grade of grey relation to the fuzzy positive-ideal solution (FPIS) and fuzzy negative-ideal solution (FNIS) simultaneously. Finally, an example is shown to highlight the procedure of the proposed method.