Journal ArticleDOI
Benchmarking CNC Machine Tool Using Hybrid-Fuzzy Methodology: A Multi-Indices Decision Making (MCDM) Approach
Anoop Kumar Sahu,Nitin Kumar Sahu,Atul Kumar Sahu +2 more
- Vol. 4, Iss: 2, pp 28-46
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TLDR
TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) analytical methodology conjunction with Trapezoidal Fuzzy Number has been explored for assessing and benchmarking the most preferable CNC machine tool from a group of preferred options/alternatives.Abstract:
In today’s era, managerial decision making has become a very momentous component due to the leverage of attention on achieving organizational goal i.e. enhancing effective utilization of input assets, satisfying customers’ demand and minimizing loss (maximize profit). The evaluation of the most appropriate Computer Numerical Control (CNC) machine tool has become one of the key factors for sustaining the organization/manufacturing sectors/production units at competitive global market place. Productivity, precision and accuracy etc. are the most important issues behind adaptation/exploration of CNC machine tools. So, in such a cases, subjective indices are considered beside the objective indices and complexity of the CNC machine tool evaluation decision problems is solved via subjective assessments (judgment) of expert panel, also called the decision-making group. In this reporting, TOPSIS (technique for order preference by similarity to ideal solution) based Multi-Criteria Decision Making (MCDM) approach has fruitfully applied to emphasize the decision making scenario at the subjective information evaluation index (indices) platform. So, TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) analytical methodology conjunction with Trapezoidal Fuzzy Number (TFN) has been explored for assessing and benchmarking the most preferable CNC machine tool from a group of preferred options/alternatives. Finally, an empirical case study has been carried out check the feasibility, efficiency and validity of proposed methodology and the benchmarking of preferred alternative machine tool has been derived in accordance with descending value of the ‘collective index’. Higher value of ‘collective index’ reflects higher degree of performance extent. Benchmarking CNC Machine Tool Using HybridFuzzy Methodology: A Multi-Indices Decision Making (MCDM) Approachread more
Citations
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Medical Diagnosis Based on Distance Measures Between Picture Fuzzy Sets
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Appraisements of material handling system in context of fiscal and environment extent: A comparative grey statistical analysis
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References
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Book
Fuzzy sets
TL;DR: A separation theorem for convex fuzzy sets is proved without requiring that the fuzzy sets be disjoint.
Journal ArticleDOI
A fuzzy approach for supplier evaluation and selection in supply chain management
TL;DR: In this article, a hierarchical multiple criteria decision-making (MCDM) model based on fuzzy-sets theory is proposed to deal with the supplier selection problems in the supply chain system.
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Design of reconfigurable manufacturing systems
Yoram Koren,Moshe Shpitalni +1 more
TL;DR: The rationale for the development of reconfigurable manufacturing systems, which possess the advantages both of dedicated lines and of flexible systems, has been explained in this article, and a rigorous mathematical method is introduced for designing RMS with this recommended structure.
Journal ArticleDOI
Facility location selection using fuzzy topsis under group decisions
TL;DR: This work presents a fuzzy TOPSIS model under group decisions for solving the facility location selection problem, where the ratings of various alternative locations under different subjective attributes and the importance weights of all attributes are assessed in linguistic values represented by fuzzy numbers.