IDEAS home Printed from https://ideas.repec.org/a/eee/proeco/v140y2012i2p630-636.html
   My bibliography  Save this article

Evaluating machine tool alternatives through modified TOPSIS and alpha-cut based fuzzy ANP

Author

Listed:
  • Ayağ, Zeki
  • Gürcan Özdemir, Rifat

Abstract

The problem of machine tool selection among available alternatives has been critical issue for most companies in fast-growing markets for a long time. In the presence of many alternatives and selection criteria, the problem becomes a multiple-criteria decision making (MCDM) machine tool selection problem. Therefore, most companies have utilized various methods to successfully carry out this difficult and time-consuming process. In this work, both of the most used MCDM methods, the modified TOPSIS and the Analytical Network Process (ANP) are introduced to present a performance analysis on machine tool selection problem. The ANP method is used to determine the relative weights of a set of the evaluation criteria, as the modified TOPSIS method is utilized to rank competing machine tool alternatives in terms of their overall performance. Furthermore, in this paper, we use a fuzzy extension of ANP, a more general form of AHP, which uses uncertain human preferences as input information in the decision-making process, because AHP cannot accommodate the variety of interactions, dependencies and feedback between higher and lower level elements. Instead of using the classical eigenvector prioritization method in AHP, only employed in the prioritization stage of ANP, a fuzzy logic method providing more accuracy on judgments is applied. The resulting fuzzy ANP enhances the potential of the conventional ANP for dealing with imprecise and uncertain human comparison judgments. The proposed approach is also applied for a real-life case in a company.

Suggested Citation

  • Ayağ, Zeki & Gürcan Özdemir, Rifat, 2012. "Evaluating machine tool alternatives through modified TOPSIS and alpha-cut based fuzzy ANP," International Journal of Production Economics, Elsevier, vol. 140(2), pages 630-636.
    • Handle: RePEc:eee:proeco:v:140:y:2012:i:2:p:630-636
    DOI: 10.1016/j.ijpe.2012.02.009
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0925527312000679
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ijpe.2012.02.009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Chung, Shu-Hsing & Lee, Amy H. I. & Pearn, W. L., 2005. "Analytic network process (ANP) approach for product mix planning in semiconductor fabricator," International Journal of Production Economics, Elsevier, vol. 96(1), pages 15-36, April.
    2. Hallikainen, Petri & Kivijärvi, Hannu & Tuominen, Markku, 2009. "Supporting the module sequencing decision in the ERP implementation process--An application of the ANP method," International Journal of Production Economics, Elsevier, vol. 119(2), pages 259-270, June.
    3. Karpak, Birsen & Topcu, Ilker, 2010. "Small medium manufacturing enterprises in Turkey: An analytic network process framework for prioritizing factors affecting success," International Journal of Production Economics, Elsevier, vol. 125(1), pages 60-70, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dilşad Güzel & Hamit Erdal, 2015. "A Comparative Assesment of Facility Location Problem via fuzzy TOPSIS and fuzzy VIKOR: A Case Study on Security Services," International Journal of Business and Social Research, LAR Center Press, vol. 5(5), pages 49-61, May.
    2. Dang, Jr-Fong & Hong, I-Hsuan, 2013. "The equilibrium quantity and production strategy in a fuzzy random decision environment: Game approach and case study in glass substrates industries," International Journal of Production Economics, Elsevier, vol. 145(2), pages 724-732.
    3. Dilşad Güzel & Hamit Erdal, 2015. "A Comparative Assesment of Facility Location Problem via fuzzy TOPSIS and fuzzy VIKOR: A Case Study on Security Services," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(5), pages 49-61, May.
    4. Kuo, Ting, 2017. "A modified TOPSIS with a different ranking index," European Journal of Operational Research, Elsevier, vol. 260(1), pages 152-160.
    5. Rui Ding & Zehua Liu, 2024. "An IT2FS-ANP- and IT2FS-CM-Based Approach for Conducting Safety Risk Assessments of Nuclear Power Plant Building Projects," Mathematics, MDPI, vol. 12(7), pages 1-20, March.
    6. Kheybari, Siamak & Rezaie, Fariba Mahdi & Farazmand, Hadis, 2020. "Analytic network process: An overview of applications," Applied Mathematics and Computation, Elsevier, vol. 367(C).
    7. Yen-Cheng Chen & Tung-Han Yu & Pei-Ling Tsui & Ching-Sung Lee, 2014. "A fuzzy AHP approach to construct international hotel spa atmosphere evaluation model," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(2), pages 645-657, March.
    8. Mohammadzadeh, Ali Kamali & Ghafoori, Saeed & Mohammadian, Ayoub & Mohammadkazemi, Reza & Mahbanooei, Bahareh & Ghasemi, Rohollah, 2018. "A Fuzzy Analytic Network Process (FANP) approach for prioritizing internet of things challenges in Iran," Technology in Society, Elsevier, vol. 53(C), pages 124-134.
    9. Kong, Mengdi & Ye, Xuemin & Liu, Di & Li, Chunxi, 2024. "Comprehensive evaluation of medical waste gasification low-carbon multi-generation system based on AHP–EWM–GFCE method," Energy, Elsevier, vol. 296(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kheybari, Siamak & Rezaie, Fariba Mahdi & Farazmand, Hadis, 2020. "Analytic network process: An overview of applications," Applied Mathematics and Computation, Elsevier, vol. 367(C).
    2. Kengpol, Athakorn & Boonkanit, Prin, 2011. "The decision support framework for developing Ecodesign at conceptual phase based upon ISO/TR 14062," International Journal of Production Economics, Elsevier, vol. 131(1), pages 4-14, May.
    3. Li-Pei Peng & Wei-Ming Wang, 2020. "Hybrid Decision-Making Evaluation for Future Scenarios of Cultural Ecosystem Services," Land, MDPI, vol. 9(8), pages 1-20, August.
    4. Jaroslav Belas & Jan Dvorsky & Ludmila Kozubikova & Martin Cepel, 2019. "Important Factors of SMEs Entrepreneurial Orientation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 165-179.
    5. Jozef Habanik & Petr Novak & Jaroslav Belas & Eva Cipovova, 2014. "Actual Trends in Business Risks for Small and Medium Enterprises. Case Studies from the Czech Republic and Slovakia," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 159-181.
    6. Lin, Rong-Ho, 2012. "An integrated model for supplier selection under a fuzzy situation," International Journal of Production Economics, Elsevier, vol. 138(1), pages 55-61.
    7. Shin-Liang Chan & Wann-Ming Wey & Pin-Huai Chang, 2014. "Establishing Disaster Resilience Indicators for Tan-sui River Basin in Taiwan," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 115(1), pages 387-418, January.
    8. Amir Abbas Rahmati Alaei & Younos Vakil Alroaia, 2015. "Identifying And Ranking The Factors Affecting The Performance Of Small And Medium Enterprises (The Case Study Of A Province In Iran)," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 9(1), pages 754-768.
    9. Büyüközkan, Gülçin & Güleryüz, Sezin, 2016. "An integrated DEMATEL-ANP approach for renewable energy resources selection in Turkey," International Journal of Production Economics, Elsevier, vol. 182(C), pages 435-448.
    10. Ismail Gökdeniz & Cihat Kartal & Kivanc Kömürcü, 2017. "Strategic Assessment based on 7S McKinsey Model for a Business by Using Analytic Network Process (ANP)," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(6), pages 342-353, June.
    11. Cheng-Hua Yang & Huei-Ju Chen & Li-Chu Lin & Alastair M. Morrison, 2020. "The Analysis of Critical Success Factors for In-Town Check-In in Taiwan," Sustainability, MDPI, vol. 13(1), pages 1-20, December.
    12. Kayakutlu, Gulgun & Buyukozkan, Gulcin, 2011. "Assessing performance factors for a 3PL in a value chain," International Journal of Production Economics, Elsevier, vol. 131(2), pages 441-452, June.
    13. Zhu, Bin & Xu, Zeshui & Zhang, Ren & Hong, Mei, 2015. "Generalized analytic network process," European Journal of Operational Research, Elsevier, vol. 244(1), pages 277-288.
    14. Wu, Chong & Barnes, David, 2010. "Formulating partner selection criteria for agile supply chains: A Dempster-Shafer belief acceptability optimisation approach," International Journal of Production Economics, Elsevier, vol. 125(2), pages 284-293, June.
    15. Aleksandr Ključnikov & Ladislav Mura & David Sklenár, 2019. "Information security management in SMEs: factors of success," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 2081-2094, June.
    16. Renata Braga Berenguer De Vasconcelos & Ricardo Sérgio Gomes Vieira & Denis Silva Da Silveira, 2018. "What’S The Recipe To Innovate? An Analysis Of The Determinants Of The Degree Of Innovation In The Gastronomy Segment," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(01), pages 1-23, December.
    17. Akyildiz, Burcu & Kadaifci, Cigdem & Topcu, Ilker, 2015. "A decision framework proposal for customer order prioritization: A case study for a structural steel company," International Journal of Production Economics, Elsevier, vol. 169(C), pages 21-30.
    18. Judit Oláh & Zuzana Virglerova & József Popp & Jana Kliestikova & Sándor Kovács, 2019. "The Assessment of Non-Financial Risk Sources of SMES in the V4 Countries and Serbia," Sustainability, MDPI, vol. 11(17), pages 1-19, September.
    19. Cortés-Aldana, Félix Antonio & García-Melón, Mónica & Fernández-de-Lucio, Ignacio & Aragonés-Beltrán, Pablo & Poveda-Bautista, Rocío, 2009. "University objectives and socioeconomic results: A multicriteria measuring of alignment," European Journal of Operational Research, Elsevier, vol. 199(3), pages 811-822, December.
    20. Renata Braga Berenguer de Vasconcelos & Joséte Florencio dos Santos & Jackeline Amantino de Andrade, 2021. "Innovation in Micro and Small Enterprises: Resources and Capabilities," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 25(2), pages 190106-1901.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:140:y:2012:i:2:p:630-636. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ijpe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.