10Analysis of Domestic Cars in India for Middle-Income Group Using TOPSIS
Vibha Aggarwal1, Kulwant Singh2, Sandeep Gupta1*, Shipra Bansal1, Priyanka Baghla1 and Navjot Kaur1
1COEM, Punjabi University Neighborhood Campus, Rampura Phul, Punjab, India
2Department of Engineering, Punjabi University Guru Kashi Campus, Talwandi Sabo, Punjab, India
Abstract
In the present era, four wheelers (commercial and private) are the backbone of the economy for developing countries. For any middle-income family, a passenger car is a need as well as a luxury. Any individual needs to have a stylish car that has an undeniable degree of safety at low cost. In this work, choice has been made for a targeted family group, by using TOPSIS. The analytic hierarchy process (AHP) is a systematic approach based on mathematics and psychology for organizing and evaluating complicated choices. It is a precise method of calculating the weights of choice criteria. It enables both qualitative and quantitative criteria to be used in evaluation. It provides significance weights to the replies based on the decision maker’s preference. It assures that subjective perception is consistent and that relative weights are accurate. In the pair-wise framework the intensity is taken in the range of 1 to 9 as 1 for equivalent, 3 for moderate, 5 for strong, 7 for exceptionally strong, 9 for extremely strong and 2, 4, 6, 8 for middle values. Performance parameters which are going to be evaluated are dependent parameters. The ...
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