Abstract
We propose a double normalization-based multi-aggregation method to deal with the multi-criteria decision making problems considering the benefit, cost and target criterion values. To do so, we introduce an enhanced target-based linear normalization formula and a target-based vector normalization formula. Given that different normalization techniques maintain special advantages and disadvantages, we combine them with three aggregation models to describe the alternatives’ performance from different aspects. Then, a new integration approach is developed to integrate three types of subordinate utility values and ranks to derive the final ranking. The selected alternative not only has a comprehensive performance but does not perform badly under each criterion. Finally, the proposed method is highlighted by a case study of selecting an optimal innovation enterprise.