Multi-criteria decision making towards selection of industrial robot

2015 ◽  
Vol 22 (3) ◽  
pp. 465-487 ◽  
Author(s):  
Dilip Kumar Sen ◽  
Saurav Datta ◽  
Saroj Kumar Patel ◽  
Siba Sankar Mahapatra
Keyword(s):  
Decision Making ◽  
Selection Problem ◽  
Preference Ranking ◽  
Multi Criteria Decision Making ◽  
Content Type ◽  
Promethee Ii ◽  
Advantages And Disadvantages ◽  
Wide Range ◽  
Robot Selection ◽  
Selection Of

Purpose – Robot selection is one of the critical decision-making tasks frequently performed by various industries in order to choose the best suited robot for specific industrial purposes. In recent marketplace, the number of robot manufacturers has increased remarkably offering a wide range of models and specifications; thus, robot selection has become indeed confusing as well as complicated task. Selection of an appropriate robot is a sensitive process; it may result massive letdown, if not chosen properly. Therefore, for unravel the selection problem; the purpose of this paper is to explore the preference ranking organization method for enrichment evaluation (PROMETHEE) II method. Design/methodology/approach – Apart from a large variety of robotic systems, existence of various multi-criteria decision making (MCDM) tools and techniques may create confusion to the decision makers’ in regards of application feasibility as well as superiority in performance to work under different decision-making situations. In this context, the PROMETHEE II method has been found as an efficient decision-making tool which provides complete ranking order of all available alternatives prudently, thus avoiding errors in decision making. Findings – In this context, the present paper highlights application potential of aforesaid PROMETHEE II method in relation to robot selection problem subjected to a set of quantitative (objective) evaluation data collected from the available literature resources. Advantages and disadvantages of PROMETHEE II method have also been reported in comparison to other existing MCDM approaches. Originality/value – The study bears significant managerial implications. Proper evaluation and selection of appropriate candidate robot would be helpful for the industries in order to improve product quality as well as to increase productivity. Proper utilization of resources could be ensured. Functioning would be accurate with reduced timespan. As a consequence, company can increase its profit margin in long run.

Multi-criteria decision-making toward supplier selection: exploration of PROMETHEE II method

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nishant Agrawal
Keyword(s):  
Decision Making ◽  
Sensitivity Analysis ◽  
Supply Chain ◽  
Case Studies ◽  
Supplier Selection ◽  
Multi Criteria Decision Making ◽  
Content Type ◽  
Promethee Ii ◽  
Wide Range ◽  
Managerial Implications

PurposeSupplier Selection (SS) is one of the vital decisions frequently executed by numerous industries. In recent times, the number of suppliers has increased enormously depending on a wide range of criteria. A selection of suppliers is a sensitive process that may impact various supply chain activities. The purpose of this research is to explore an underutilized technique called PROMETHEE II method for SS.Design/methodology/approachVarious tools and techniques are available under multi-criteria decision-making tools, which sometimes creates confusion in researchers' minds regarding reliability. PROMETHEE II was the most prominent method for ranking all available alternatives that ultimately avoid decision-making errors. To execute this equal and unequal weights approach has been used with three case studies.FindingsIn this research, three case studies have been used and soved with the help of the PROMETHEE II approach. The study also provides fundamental insights into the supplier's ranking on different criteria using sensitivity analysis. Further, criteria were divided as per benefits and non-beneficial to get a robust result. The pros and cons of PROMETHEE II approaches are also highlighted compared to other MCDM tools in this study.Originality/valueMost of the SS research uses either AHP or TOPSIS as per existing literature. There are very few attempts highlighted in the literature that use PROMETHEE II for the SS problem with sensitivity analysis. The proposed method is probable to motivate decision-makers to consider using a more sophisticated method like PROMETHEE II in supplier evaluation processes. This study opens a new direction for the ranking of suppliers in the field of the supply chain. The study also bears significant practical as well as managerial implications.

scholarly journals Modelling and Multi-Criteria Decision Making for Selection of Specific Growth Rate Models of Batch Cultivation by Saccharomyces cerevisiae Yeast for Ethanol Production

Fermentation ◽  
2019 ◽  
Vol 5 (3) ◽  
pp. 61 ◽  
Author(s):  
Petrov
Keyword(s):  
Saccharomyces Cerevisiae ◽  
Decision Making ◽  
Growth Rate ◽  
Specific Growth Rate ◽  
Specific Growth ◽  
Batch Cultivation ◽  
Preference Ranking ◽  
Multi Criteria Decision Making ◽  
Promethee Ii ◽  
Selection Of

This study is focused on using multi-criteria decision making (MCDM) for selecting specific growth rate models of batch cultivation by the Saccharomyces cerevisiae. Ten specific growth rate models—Monod, Mink, Tessier, Moser, Aiba, Andrews, Haldane, Luong, Edward, and Han-Levenspiel—were investigated in order to explain the cell growth kinetics by the dependence on glucose. By using the preference ranking organization method (PROMETHEE) II, it was found that the Andrews model was the highest of rank and was the most appropriate one for modelling.

scholarly journals A Systematic Literature Review of Multi-Criteria Decision-Making Methods for Sustainable Selection of Insulation Materials in Buildings

2021 ◽  
Vol 13 (2) ◽  
pp. 737
Author(s):  
Indre Siksnelyte-Butkiene ◽  
Dalia Streimikiene ◽  
Tomas Balezentis ◽  
Virgilijus Skulskis
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Energy Demand ◽  
Energy Performance ◽  
Future Research ◽  
Multi Criteria Decision Making ◽  
Insulation Materials ◽  
Advantages And Disadvantages ◽  
Selection Of

The European Commission has recently adopted the Renovation Wave Strategy, aiming at the improvement of the energy performance of buildings. The strategy aims to at least double renovation rates in the next ten years and make sure that renovations lead to higher energy and resource efficiency. The choice of appropriate thermal insulation materials is one of the simplest and, at the same time, the most popular strategies that effectively reduce the energy demand of buildings. Today, the spectrum of insulation materials is quite wide, and each material has its own specific characteristics. It is recognized that the selection of materials is one of the most challenging and difficult steps of a building project. This paper aims to give an in-depth view of existing multi-criteria decision-making (MCDM) applications for the selection of insulation materials and to provide major insights in order to simplify the process of methods and criteria selection for future research. A systematic literature review is performed based on the Search, Appraisal, Synthesis and Analysis (SALSA) framework and the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) statement. In order to determine which MCDM method is the most appropriate for different questions, the main advantages and disadvantages of different methods are provided.

An integrated fuzzy-based multi-criteria decision-making approach for the selection of an effective manufacturing system

2018 ◽  
Vol 25 (1) ◽  
pp. 280-296 ◽  
Author(s):  
Ram Prakash ◽  
Sandeep Singhal ◽  
Ashish Agarwal
Keyword(s):  
Decision Making ◽  
Manufacturing Systems ◽  
Manufacturing System ◽  
Research Work ◽  
Sustainable Growth ◽  
Multi Criteria Decision Making ◽  
Content Type ◽  
Manufacturing Company ◽  
Selection Of

Purpose The research paper presents analysis and prioritization of barriers influencing the improvement in the effectiveness of manufacturing system. The purpose of this paper is to develop an integrated fuzzy-based multi-criteria decision-making (F-MCDM) framework to assist management of the case company in the selection of most effective manufacturing system. The framework helps in prioritizing the manufacturing systems on the basis of their effectiveness affected by the barriers. Design/methodology/approach In this paper, on the basis of experts’ opinion, five barriers have been identified in a brain-storming session. The problem of prioritization of manufacturing system is a multi-criteria decision-making (MCDM) problem and hence is solved by using the F-MCDM approach using dominance matrix. Findings Manufacturing systems’ effectiveness for Indian industries is influenced by barriers. The prioritization of manufacturing systems depends on qualitative factor decision-making criteria. Among the manufacturing systems, leagile manufacturing system is given the highest priority followed by lean manufacturing system, agile manufacturing system, flexible manufacturing system and cellular manufacturing system. Research limitations/implications The selection of an appropriate manufacturing system plays a vital role for sustainable growth of the manufacturing company. In the present work, barriers which influence the effectiveness of manufacturing system have been identified. On the basis of degree of influence of barriers on the effectiveness of the manufacturing system, five alternative manufacturing systems are prioritized. The framework will help the management of the case company to take reasonable decision for the adoption of the appropriate manufacturing system. Practical implications The results of the research work are very useful for the manufacturing companies interested in analyzing the alternative manufacturing systems on the basis of their effectiveness and their sensitivity toward various barriers. The management of Indian manufacturing company will take decision to adopt a manufacturing system whose effectiveness is least sensitive toward barriers. Effectiveness of such manufacturing system will improve with time without having retardation due to barriers. With improved effectiveness of the manufacturing system, the manufacturing company would be able to survive with global competition. The result of the present work is based on the inputs from the case company and may vary for the other manufacturing company. In the present work, only five alternative manufacturing systems and five barriers have been considered. To obtain the better result, MCDM approach with more number of alternative manufacturing systems and barriers might be considered. Originality/value The research work is based on the fuzzy analytic hierarchy process framework and on the case study conducted by the authors. The work carried out is original in nature and based on the real-life case study.

A hybrid multi-criteria decision-making model for optimal coal blending

2019 ◽  
Vol 14 (2) ◽  
pp. 339-359 ◽  
Author(s):  
Shankar Chakraborty ◽  
Ankan Mitra
Keyword(s):  
Decision Making ◽  
Optimization Problems ◽  
Research Work ◽  
Carbon Dioxide Emission ◽  
Preference Ranking ◽  
Multi Criteria Decision Making ◽  
Content Type ◽  
Geographical Regions ◽  
Coal Blending ◽  
Decision Making Model

Purpose The purpose of this paper is thus to develop a hybrid decision-making model for optimal coal blending strategy. Coal is one of the major resources contributing to generation of electricity and anthropogenic carbon-dioxide emission. Being formed from dead plant matter, it undergoes a series of morphological changes from peat to lignite, and finally to anthracite. Because of non-uniform distribution of coal over the whole earth and continuous variation in its compositions, coals mined from different parts of the world have widely varying properties. Hence, it requires an ideal blending strategy such that the coking coal having the optimal combination of all of its properties can be used for maximum benefit to the steel making process. Design/methodology/approach In this paper, a multi-criteria decision-making approach is proposed while integrating preference ranking organization method for enrichment of evaluations (PROMETHEE II and V) and geometrical analysis for interactive aid (GAIA) method to aid in formulating an optimal coal blending strategy. The optimal decision is arrived at while taking into account some practical implications associated with blending of coal, such as coal price from different reserves. Findings Different grades of coal are ranked from the best to the worst to find out the composition of constituent coals in the final blending process. Coals from the mines of two different geographical regions are considered here so as to prove the applicability of the proposed model. Adoption of this hybrid decision-making model would subsequently improve the performance of coal after blending and help in addressing some sustainability issues, like less pollution. Originality/value As this model takes into account the purchase price of coals from different reserves, it is always expected to provide more realistic solutions. Thus, it would be beneficial to deploy this decision-making model to different blending optimization problems in other spheres of a manufacturing industry. This model can further accommodate some more realistic criteria, such as availability of coal in different reserves as a topic of future research work.

A new trust management framework based on the experience of users in industrial cloud computing using multi-criteria decision making

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Liudmila Ivanovna Khoruzhy ◽  
Roman Petrovich Bulyga ◽  
Olga Yuryevna Voronkova ◽  
Lidia Vladimirovna Vasyutkina ◽  
Natalya Ryafikovna Saenko ◽  
...  
Keyword(s):  
Decision Making ◽  
Cloud Computing ◽  
Trust Management ◽  
Service Providers ◽  
Cloud Services ◽  
Security And Privacy ◽  
Multi Criteria Decision Making ◽  
Content Type ◽  
Wide Range ◽  
Industrial Cloud

PurposeNowadays, cloud platforms are used in many fields, including e-commerce, web applications, data storage, healthcare, gaming, mobile social networks, etc. However, security and privacy are still two significant concerns in this area. The target of this paper is to present a system for trust management in industrial cloud computing using the multi-criteria decision making (MCDM) approach. MCDM techniques have been developed to accommodate a wide range of applications. As a result, hundreds of approaches have been generated with even minor variations on current approaches spawning new study fields.Design/methodology/approachCloud computing provides a fully scalable, accessible and flexible computing platform for various applications. Due to the multiple applications that cloud computing has found in numerous life features, users and providers have considered providing security in cloud communications. Due to its distributive nature, dynamic space and lack of transparency in performing cloud computing, it faces many challenges in providing security. For security improvement, trust management can play a very influential role. This paper proposes a generic analytical methodology that uses a series of assessment criteria to evaluate current trust management testing prototypes in industrial cloud computing and related fields. The authors utilize a MCDM approach in the present article. Due to the multi-dimensionality of the sustainability objective and the complexities of socio-economic and biophysical processes, MCDM approaches have become progressively common in decision-making for sustainable energy.FindingsThe results of comparing and evaluating the performance of this model show its ability to manage trust and the ability to adapt to changes in the behavior of service providers quickly. Using a simulation, all results are confirmed. The results of simulations and evaluation of the present paper indicate that the proposed model provides a more accurate evaluation of the credibility of cloud service providers than other models.Practical implicationsThe number of cloud services and customers is vast and extremely competitive in cloud environments, where novel cloud services and customers can join at any time, while others can withdraw whenever they want. Because of cloud services' highly dynamic and dispersed design, trust management mechanisms must be highly flexible to obtain feedback and update trust outcomes as quickly as possible. The model presented in this article tries to improve users' trust in the cloud industry.Originality/valueUsing a method (MCDM) to find the best trust management solution based on user experience in industrial cloud computing is the novelty of this paper.

A novel fuzzy hybrid multi-criteria decision-making approach for evaluating maintenance strategies in petrochemical industry

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Asghar Aghaee ◽  
Milad Aghaee ◽  
Mohammad Reza Fathi ◽  
Shirin Shoa'bin ◽  
Seyed Mohammad Sobhani
Keyword(s):  
Decision Making ◽  
Petrochemical Industry ◽  
Multi Criteria Decision Making ◽  
Maintenance Strategy ◽  
Fuzzy Dematel ◽  
Maintenance Strategies ◽  
Content Type ◽  
Fuzzy Anp ◽  
Fuzzy Delphi ◽  
Selection Of

PurposeThe purpose of this study is to evaluate maintenance strategies based on fuzzy decision-making trial evaluation and laboratory (DEMATEL) and fuzzy analytic network process (ANP) in the petrochemical industry.Design/methodology/approachThis study proposes a hybrid-structured multi-criteria decision-making (MCDM) method based on fuzzy Delphi, fuzzy DEMATEL and fuzzy ANP as a structured methodology to assist decision makers in strategic maintenance. The fuzzy Delphi method (FDM) is applied to refine the effective criteria, fuzzy DEMATEL is applied for defining the direction and relationships between criteria and Fuzzy ANP is used for the selection of optimized maintenance strategy.FindingsThe results identify “strategic management complexity” as the top criterion. The predictive maintenance (PdM) with the highest priority is the best strategy. It is followed by reliability-centered (RCM), condition-based (CBM), total productive (TPM), predictive (PM) and corrective maintenance (CM).Originality/valueToday, companies act in an atmosphere that is known with the features of uncertainty. In this atmosphere, only those companies can survive that have a strategy based on presenting the quality services and products to their customers. Similarly, maintenance as a system plays a vital role in availability and the quality of products, which creates value for customers. The selection of maintenance strategy is a kind of MCDM problem, which includes consideration of different factors. This article considers a broad category of alternates, including CM, PM, TPM, CBM, RCM and PdM.

scholarly journals A literature review of criteria selection in supplier

2018 ◽  
Vol 11 (4) ◽  
pp. 680 ◽  
Author(s):  
Agus Ristono ◽  
Pratikto ◽  
Purnomo Budi Santoso ◽  
Ishardita Pambudi Tama
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Supplier Selection ◽  
Research Direction ◽  
Multi Criteria Decision Making ◽  
Advantages And Disadvantages ◽  
Decision Methods ◽  
New Ideas ◽  
Working Out ◽  
Selection Of

Purpose: This paper proposes a new model for further research on how to select criteria in supplier selection, through a literature review and analysis of the advantages and disadvantages of previously used methods.Design/methodology/approach: The methods used to select criteria in supplier selection were extracted from various online academic databases.  The weaknesses and advantages of these methods were then analyzed. Based on these findings, several opportunities for improvement are proposed for further research. Finally, criteria design methods for the selection of suppliers are proposed using statistical multi-criteria decision making (S-MCDM) methods.Findings: Direction and guidance for subsequent research to select the criteria used in supplier selection, based on the advantages and disadvantages of the decision methods used.Research limitations/implications: Limitations of this study are that it is focused on the methods of criteria design in supplier selection.Practical implications: This study can provide a research direction on the selection of criteria for supplier selection.Social implications: This study provides ongoing guidance and avenues for further research.Originality/value: New ideas for working out the developmental strategy for criteria selection are provided by statistical MCDM methods in supplier selection.

scholarly journals COMPARISON OF THREE FUZZY MCDM METHODS FOR SOLVING THE SUPPLIER SELECTION PROBLEM

2019 ◽  
Vol 17 (3) ◽  
pp. 455 ◽  
Author(s):  
Goran Petrović ◽  
Jelena Mihajlović ◽  
Žarko Ćojbašić ◽  
Miloš Madić ◽  
Dragan Marinković
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Supplier Selection ◽  
Selection Problem ◽  
Management Decision ◽  
Chain Management ◽  
Wide Range ◽  
Supplier Selection Problem ◽  
Selection Of

The evaluation and selection of an optimal, efficient and reliable supplier is becoming more and more important for companies in today’s logistics and supply chain management. Decision-making in the supplier selection domain, as an essential component of the supply chain management, is a complex process since a wide range of diverse criteria, stakeholders and possible solutions are embedded into this process. This paper shows a fuzzy approach in multi – criteria decision-making (MCDM) process. Criteria weights have been determined by fuzzy SWARA (Step-wise Weight Assessment Ratio Analysis) method. Chosen methods, fuzzy TOPSIS (Technique for the Order Preference by Similarity to Ideal Solution), fuzzy WASPAS (Weighted Aggregated Sum Product Assessment) and fuzzy ARAS (Additive Ratio Assessment) have been used for evaluation and selection of suppliers in the case of procurement of THK Linear motion guide components by the group of specialists in the “Lagerton” company in Serbia. Finally, results obtained using different MCDM approaches were compared in order to help managers to identify appropriate method for supplier selection problem solving.

scholarly journals A STUDY OF MULTI CRITERIA DECISION MAKING FOR SELECTING SUPPLIERS OF LINEAR MOTION GUIDE

2018 ◽  
pp. 97
Author(s):  
Goran S. Petrović ◽  
Vesna Sekulić ◽  
Miloš Madić ◽  
Jelena Mihajlović
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Management Decision ◽  
Multi Criteria Decision Making ◽  
Linear Motion ◽  
Chain Management ◽  
Wide Range ◽  
Linear Motion Guide ◽  
Selection Of

Supplier evaluation and selection is becoming more and more important for companies in today’s logistics and supply chain management. Decision making in supplier selection domain, as an essential component of supply chain management, is a complex process due to the fact that a wide range of diverse criteria, stakeholders and possible solutions are embedded into this process. This paper focuses on the application of some single and hybrid multi criteria decision making approaches for the selection of suppliers of transportation and logistics equipment. The analytic hierarchy process (AHP), stepwise weight assessment ratio analysis (SWARA) and technique for the order preference by similarity to ideal solution (TOPSIS) have been implemented in the "Lagerton" company in Serbia for evaluation and selection of the supplier in the case of procurement of THK Linear motion guide components. The best ranked supplier has been suggested to the company and the sensitivity analysis of ranking orders according to the criteria weights variations has been done.

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