Merit-Based Investment Decision-Making Based on TOPSIS Method

摘要

Selecting a better program from a number of projects has a decisive role in investment decision-making, so the research program for the optimization project is of great significance to investment decision-making. This paper,merit-based on transforming investment decision-making into a multi-objective optimization problem, considers the investment decision-making of the main technical economic indicators of Profit Rate of Investment, Payback Period, Financial Net Present Value and Financial Internal Rate of Return. It establishes optimization model for investment decision-making, from the best overall optimal project's point of view, empowers the weight of indicators through Delphi method and solves the model by using multi-objective decision-making methods (TOPSIS method). Finally the paper shows the practicality of the model through the analysis to the example.