Abstract
The failure mode and effect analysis (FMEA) is widely used an effective pre-accident risk assessment tool to identify, eliminate, and assess potential failure modes in different industries for enhancing the safety and reliability of systems, process, services, and products. Therefore, this chapter presents a new approach to rank the failure modes under the interval-valued intuitionistic fuzzy set (IVIFS). For this, a novel measure to measure the fuzziness known as entropy measure is proposed. Some properties and axiom definition of the proposed entropy measure have been presented to show the validity of it. Afterwards, the proposed entropy measure is utilized to obtain the weight of risk factor and developed an approach under the IVIFS environment to determine the risk priority order of failure modes. Finally, a real-life case of FMEA has been discussed to manifest the developed approach, and obtained results are compared with the results obtained by the existing methods for showing the feasibility and validity of the proposed approach.
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