journal article·2023-08-09Open access

Enhancing Efficiency and Cost-Effectiveness: A Groundbreaking Bi-Algorithm MCDM Approach

Chia-Nan Wang, Fu-Chiang Yang, Thi Minh Nhut Vo, Van Thanh Tien Nguyen, Mandeep Singh

Applied Sciences· Volume 13· Issue 16

Abstract

Numerous scholars have thoroughly studied the topic of choosing machines considering the progress and technological growth seen in machinery options. This scholarly investigation explores decision-making methods specifically designed to aid the selection of machines in manufacturing businesses. Additionally, this research emphasizes the need for decision-making frameworks in manufacturing facilities, highlighting the importance of smart machine selection strategies in those contexts. In this research, we show a dual-MCDM approach that includes DEX—decision experts—and the EDAS method that are popularly employed to solve decision-making problems in both academic and practical industries. Throughout the previous decade, business leaders and managers increasingly use MCDM solutions to overcome machine selection challenges. At this time, while various decision-support technologies and procedures have been developed and used, it is essential that we discuss the sequence of our study objectives and drive the proposed method for widening use in practical firms. In short, this research may be helpful as a literature review for MDCM studies and related topics. It will also help executives, engineers, and specialists determine which equipment or machines to create and increase product quality in manufacturing and industry.
Source: crossref · Quality: baseline

Research context

OpenAlex topics: Multi-Criteria Decision Making · Sustainable Supply Chain Management · Big Data and Business Intelligence

SciVX discovery tags are terminology-based. OpenAlex topics are source-provided classifications.

Affiliations

Department of Industrial Engineering and Management, National Kaohsiung University of Science and Technology, Kaohsiung 80778, Taiwan

Thu Dau Mot University, Thu Dau Mot 75000, Vietnam

Industrial University of Ho Chi Minh City, Ho Chi Minh 70000, Vietnam

School of Mechanical and Mechatronic Engineering, Faculty of Engineering and Information Technology, University of Technology Sydney, Ultimo, NSW 2007, Australia

School of Mechanical and Manufacturing Engineering, Faculty of Engineering, The University of New South Wales, Sydney, NSW 2052, Australia

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