Abstract

Traditional Multi-Criteria Decision Making (MCDM) methods have now become outdated; therefore, most researchers are focusing on more robust hybrid MCDM models that combine two or more MCDM techniques to address decision-making problems. The authors attempted to create two novel hybrid MCDM systems in this paper by integrating Additive Ratio ASsessment (ARAS) with Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) and Complex PRoportional ASsessment (COPRAS). To demonstrate the ability and effectiveness of these two hybrid models i.e., TOPSIS-ARAS and COPRAS-ARAS were applied to solve a real-time robot selection problem with 12 alternative robots and five selection criteria, while evaluating the parametric importance using the CRiteria Importance Through Inter criteria Correlation (CRITIC) objective weighting estimation tool. The rankings of the robot alternatives gained from these two hybrid models were also compared to the obtained results from eight other solo MCDM tools. Although the rankings by the applied methods slightly differ from each other, the final outcomes from all of the adopted techniques are consistent enough to suggest that robot 12 is the best choice followed by robot 11, and robot 4 is the worst one among these 12 alternatives. Spearman Correlation Coefficient (SCC) also reveals that the proposed rankings derived from various methods have a strong ranking relationship with one another. Finally, sensitivity analysis was performed to investigate the effects of weight variation and to validate the robustness of the implemented MCDM approaches.

Highlights

  • In the last few decades, Multi-Criteria Decision Making (MCDM) served as an efficient tool in the field of decision making

  • The current robot selection problem has been solved previously by several researchers using various MCDM techniques [1,4], but the authors of this paper find all of those analyses to be contradictory and inconsistent, leaving more room to expand it by using other potential MCDM methods, and comparing the results with the previous ones

  • These proposed rankings are validated using the same criteria Correlation (CRITIC) generated objective criteria weights by using eight other solo MCDM tools, namely, TOPSIS, Complex PRoportional ASsessment (COPRAS), Additive Ratio ASsessment (ARAS), WSM, WPM, WASPAS, MOORA, and MULTIMOORA, which are listed in the following sub-sections

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Summary

Introduction

In the last few decades, MCDM served as an efficient tool in the field of decision making. Researchers are working on this area, in order to upgrade the MCDM techniques and to fulfil the loop holes that exist in the previous methods. Researchers have developed new innovative MCDM models to make more precise and accurate decisions. MCDM methods are gaining importance, due to their inherent ability to judge different alternatives [1]. Traditional MCDM techniques are becoming obsolete and outdated. To analyze any complex decision-making problem [1], a single

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