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Intelligent Decision Making Tools in Manufacturing Technology Selection

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Futuristic Composites

Part of the book series: Materials Horizons: From Nature to Nanomaterials ((MHFNN))

Abstract

The importance of technology in modern companies is literally growing. Technology protects the natural environment and acts as catalyst toward a more productive economy. Technology development has been the most demanding activity in industrial sectors over years and technology selection and implementation is one of the acknowledged projects in many companies. There are many factors influencing the problem of evaluating and choosing a new technology. Therefore, manufacturing operation managers are involved in a decision-making system with conflicting elements in their selection process. In this condition, application of multi-attribute decision-making (MADM) tools is highly recommended. This study examines the utilization of analytic hierarchy process and an adopted MADM method named CoCoSo to simultaneously determine the importance of decision factors and obtain the optimal ranking. At the final stage, we configure a sensitivity analysis to check and examine the accuracy of the results and performance of the present decision system. The study corresponds to a case study of choosing best packaging technology for a dairy company.

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Author information

Authors and Affiliations

  1. Department of Business and Management, Universidad Loyola Andalucia, Seville, Spain

    Morteza Yazdani

  2. Department of Mechanical Engineering, MCKV Institute of Engineering, Howrah, West Bengal, India

    Prasenjit Chatterjee

Authors
  1. Morteza Yazdani
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  2. Prasenjit Chatterjee
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Corresponding author

Correspondence to Morteza Yazdani .

Editor information

Editors and Affiliations

  1. Beant College of Engineering and Technology, Gurdaspur, Punjab, India

    Sarabjeet Singh Sidhu

  2. Beant College of Engineering and Technology, Gurdaspur, Punjab, India

    Preetkanwal Singh Bains

  3. Institut Clément Ader, Toulouse University, Toulouse, France

    Redouane Zitoune

  4. Department of Management, Universidad Loyola AndalucĂ­a, Sevilla, Spain

    Morteza Yazdani

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Yazdani, M., Chatterjee, P. (2018). Intelligent Decision Making Tools in Manufacturing Technology Selection. In: Sidhu, S., Bains, P., Zitoune, R., Yazdani, M. (eds) Futuristic Composites . Materials Horizons: From Nature to Nanomaterials. Springer, Singapore. https://doi.org/10.1007/978-981-13-2417-8_5

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