Decision-Making Models and Applications in Manufacturing Environments

This new book applies the MCDM theory to solving problems and challenges in manufacturing environments, discussing the decision-making process in relation to materials selection, risk assessment, sustainability assessment, and green suppliers. It demonstrates the application of various MCDM techniques, such as MADM, DEA, TOPSIS, fuzzy-VIKOR, MOORA, EWM, AHP, TODIM, and others, in decision-making in several industries and industrial processes.

Format: Hardback
Length: 496 pages
Publication date: 20 February 2024
Publisher: Apple Academic Press Inc.

Multi-criteria decision-making (MCDM) has emerged as a highly sought-after approach for navigating complex decision-making scenarios where multiple similar and conflicting choices are present. This comprehensive new volume delves into the application of MCDM theory to address problems and challenges in manufacturing environments. It explores the use of computational methods to evaluate and select the most optimal solution or method for real-world, real-time manufacturing engineering issues. The book provides detailed insights into the decision-making process, encompassing material selection, risk identification, assessment, and evaluation, sustainability assessment, selection of green suppliers, and various other aspects.

Chapter authors showcase the practical application of a diverse range of MCDM techniques, including MADM (multiple attribute decision-making), DEA (data envelopment analysis), fuzzy TOPSIS (technique for order preference by similarities to ideal solution), fuzzy-VIKOR (multicriteria optimization and compromise solution), MOORA (multi-objective optimization on the basis of ratio analysis), EWM (entropy weight method), AHP (analytic hierarchy process), TODIM (TOmada de Decisao Interativa Multicriterio), and other methodologies. The volume illustrates these MCDM models across various industries and industrial processes, such as experimental analysis and optimization of drilling in glass fiber reinforced plastic, in the textile industries, for selecting refrigerants for domestic applications, and more.

By leveraging the power of MCDM, organizations can make informed decisions that optimize resource allocation, reduce risks, and promote sustainability. This book serves as a valuable resource for researchers, practitioners, and students interested in advancing their understanding and expertise in decision-making processes within manufacturing environments.

Weight: 1140g
Dimension: 234 x 156 (mm)
ISBN-13: 9781774913550