Economics, Econometrics and Finance
4 years ago

Revolutionizing Steel Industry: TOPSIS Algorithm Finds Ideal Plant Location

World Journal of Applied Chemistry
Selection of Plant Location for a Steel Project by TOPSIS
Partha Sarathi Ghose

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The article discusses how to choose the best location for a steel project using a method called TOPSIS. This method helps make decisions by considering different factors, like cost and location. The researchers used TOPSIS to find the best site for a new steel plant.