Author : Karuppanna Prasad N
Affiliation : Department of Manufacturing Engineering,
Pricol India Ltd
Country : India
Category : Computer Science & Information Technology
Volume, Issue,
Month, Year
: 6, 4, April, 2016
ABSTRACT
Modern
manufacturing organizations tend to face versatile challenges due to
globalization, modern lifestyle trends and rapid market requirements from both
locally and globally placed competitors. The organizations faces high stress
from dual perspective namely enhancement in science and technology and
development of modern strategies. In such an instance, organizations were in a
need of using an effective decision making tool that chooses out optimal
alternative that reduces time, complexity and highly simplified. This paper
explores a usage of new multi criteria decision making tool known as MOORA for
selecting the best alternatives by examining various case study. The study was
covered up in two fold manner by comparing MOORA with other MCDM and MADM approaches
to identify its advantage for selecting optimal alternative, followed by
highlighting the scope and gap of using MOORA approach. Examination on various
case study reveals an existence of huge scope in using MOORA for numerous
manufacturing and service applications.
Keyword :
MADM, MCDM, MOORA, optimization, manufacturing sector, service sector
For More Details :
https://airccj.org/CSCP/vol6/csit65106.pdf
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