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Fuzzy Logic-Based Multi-Objective Decision-Making Model for Design Evaluation in an Open Innovation Environment

In: Innovation Analytics Tools for Competitive Advantage

Author

Listed:
  • S. Denis Ashok
  • S. Krishna
  • S. G. Ponnambalam

Abstract

In an open innovation environment of intersecting multidisciplinary engineering domains, it is tough to decide on suitable alternate design models which meet the conflicting, multiple objectives with constraints and uncertainty. This chapter presents the application of a fuzzy logic-based multi-objective decision-making model in order to acquire meaningful information linguistically and rank alternatives for design evaluation. The proposed method uses the linguistic ratings of domain experts to formulate fuzzy sets of multiple objectives. In the present work, a weighted logical decision function is formulated to identify the best alternative design model which meets the user preferences. A case study on mobile robot chassis design evaluation is considered to highlight the application of fuzzy logic in the multi-criteria decision-making process, and the results are presented. The proposed method can handle the linguistic information under uncertainty and it will be helpful for the decision-making process in a product development environment.

Suggested Citation

  • S. Denis Ashok & S. Krishna & S. G. Ponnambalam, 2023. "Fuzzy Logic-Based Multi-Objective Decision-Making Model for Design Evaluation in an Open Innovation Environment," World Scientific Book Chapters, in: Nachiappan Subramanian & S G Ponnambalam & Mukund Janardhanan (ed.), Innovation Analytics Tools for Competitive Advantage, chapter 11, pages 257-275, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781786349989_0011
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    More about this item

    Keywords

    Innovation; Analytics; Business Management; Product Development; Process Innovation;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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