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Application of the fuzzy analytic hierarchy process to the lead-free equipment selection decision

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  • Yu-Cheng Tang
  • Thomas W. Lin

Abstract

After 1 July 2006, a major challenge that the manufacturing industry has to confront now is the effect of the lead-free equipment system selection process on companies' capital expenditure decision. With capital investment, the criteria may be financial (e.g. expected cash flows) and non-financial (e.g. product quality). We use a systems approach with the fuzzy analytic hierarchy process (FAHP) method as the decision support system to help decision makers making better choices both in relation to tangible criteria and intangible criteria. Fuzzy set theory will be utilised to provide an effective way of dealing with the uncertainty of human subjective interpretation of tangible and intangible criteria.

Suggested Citation

  • Yu-Cheng Tang & Thomas W. Lin, 2011. "Application of the fuzzy analytic hierarchy process to the lead-free equipment selection decision," International Journal of Business and Systems Research, Inderscience Enterprises Ltd, vol. 5(1), pages 35-56.
    • Handle: RePEc:ids:ijbsre:v:5:y:2011:i:1:p:35-56
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    Citations

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    Cited by:

    1. Anirut Pipatprapa & Hsiang-Hsi Huang & Ching-Hsu Huang, 2016. "A Novel Environmental Performance Evaluation of Thailand’s Food Industry Using Structural Equation Modeling and Fuzzy Analytic Hierarchy Techniques," Sustainability, MDPI, vol. 8(3), pages 1-16, March.
    2. Jean-Claude Baraka Munyaka & Venkata Seshachala Sarma Yadavalli, 2021. "Decision support framework for facility location and demand planning for humanitarian logistics," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 12(1), pages 9-28, February.
    3. Račić Željko V., 2018. "Fuzzification - Decision Making in Terms of Uncertainty," Economics, Sciendo, vol. 6(2), pages 87-94, December.

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