Evaluation and selection of the PVC carpentry manufacturer using the FUCOM-MABAC model

Solving real-life problems using multi-criteria decision-making methods is now an everyday challenge. These methods represent a very useful tool and support for decision-making in all areas. Therefore, this paper comprises evaluation and selection of the PVC carpentry manufacturers using a combined multi-criteria model. Five potential manufacturers are evaluated on the basis of seven criteria. For the determination of criteria weights, the FUCOM (FUll COnsistency Method) is used, while the MultiAttributive Border Approximation Area Comparison (MABAC) method is used for evaluating and selecting the PVC manufacturer. The results show that the third alternative is the most suitable solution, as demonstrated by the sensitivity analysis. Four other methods are used in the sensitivity analysis, namely, ARAS (Additive Ratio Assessment), WASPAS (Weighted Aggregated Sum Product Assessment), EDAS (Evaluation based on Distance from Average Solution), and SAW (Simple Additive Weighting). The obtained results using all the methods show the complete correlation of the ranks obtained using the MABAC method.

[1]  Edmundas Kazimieras Zavadskas,et al.  A new additive ratio assessment (ARAS) method in multicriteria decision‐making , 2010 .

[2]  Dragan Pamucar,et al.  The selection of transport and handling resources in logistics centers using Multi-Attributive Border Approximation area Comparison (MABAC) , 2015, Expert Syst. Appl..

[3]  Edmundas Kazimieras Zavadskas,et al.  A Novel Multicriteria Approach – Rough Step-Wise Weight Assessment Ratio Analysis Method (R-SWARA) and Its Application in Logistics , 2018 .

[4]  Ali M. Abdulshahed,et al.  Determination of key performance indicators for measuring airport success: A case study in Libya , 2017 .

[5]  Dragisa Stanujkic,et al.  The weighted sum preferred levels of performances approach to solving problems in human resources management , 2018 .

[6]  Miloš Madić,et al.  Multiple criteria decision making of alternative fuels for waste collection vehicles in southeast region of Serbia , 2016 .

[7]  D. Nagesh Kumar,et al.  Multicriterion Analysis in Engineering and Management , 2010 .

[8]  Edmundas Kazimieras Zavadskas,et al.  The Selection of Wagons for the Internal Transport of a Logistics Company: A Novel Approach Based on Rough BWM and Rough SAW Methods , 2017, Symmetry.

[9]  Jurgita Antucheviciene,et al.  A Novel Rough WASPAS Approach for Supplier Selection in a Company Manufacturing PVC Carpentry Products , 2018, Inf..

[10]  Edmundas Kazimieras Zavadskas,et al.  Selection of carpenter manufacturer using fuzzy EDAS method , 2018, Engineering Economics.

[11]  Zeshui Xu,et al.  The ELECTRE I Multi-Criteria Decision-Making Method Based on Hesitant Fuzzy Sets , 2015, Int. J. Inf. Technol. Decis. Mak..

[12]  Edmundas Kazimieras Zavadskas,et al.  Multi-Criteria Inventory Classification Using a New Method of Evaluation Based on Distance from Average Solution (EDAS) , 2015, Informatica.

[13]  Jurgita Antucheviciene,et al.  HYBRID MULTIPLE CRITERIA DECISION MAKING METHODS: A REVIEW OF APPLICATIONS IN ENGINEERING , 2016 .

[14]  Dragan Pamucar,et al.  A New Model for Determining Weight Coefficients of Criteria in MCDM Models: Full Consistency Method (FUCOM) , 2018, Symmetry.

[15]  E. Zavadskas,et al.  Optimization of Weighted Aggregated Sum Product Assessment , 2012 .