Abstract
AbstractAlthough Failure Mode and Effect Analysis (FMEA) is a prominent approach that has been used with convenience as the most popular risk definition and evaluation tool related to a system, a product, or a service, it has several deficiencies. This study addresses these deficiencies and proposes a new intuitionistic approach, which combines FMEA and Weighted Aggregated Sum Product Assessment (WASPAS) by implementing a new intuitionistic scale. Intuitionistic FMEA‐WASPAS can handle uncertainty, vagueness, and hesitancy of the risk evaluation process and provides flexibility for risk assessment. In this study, rankings of corrective‐preventive strategies for failure modes (FMs) are obtained by the proposed approach. To compute Intuitionistic Fuzzy Risk Priority Numbers, occurrence, severity, detection, cost, duration of exposure, and system safety factors are used. A numerical example is also illustrated to present the practicality and effectiveness of the Intuitionistic FMEA‐WASPAS approach.
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