Abstract
Comparison of new multi-criteria decision making methods for material handling equipment selection
Highlights
In a production unit, proper selection of material handling equipment plays a crucial role in increasing the effectiveness and efficiency of the complete system (Komljenovic & Kecojevic, 2009)
Evaluation Based on Distance from Average Solution (EDAS) Method
Example 1 is a conveyor selection problem, which was solved using four different multi-criteria decision making methods, i.e. Combinative distance-based assessment (CODAS), EDAS, Weighted Aggregated Sum Product Assessment (WASPAS) and MOORA methods. Both CODAS and EDAS are distance based approaches, which are relatively new compared to other Multi-criteria decision making (MCDM) methods
Summary
Proper selection of material handling equipment plays a crucial role in increasing the effectiveness and efficiency of the complete system (Komljenovic & Kecojevic, 2009). The cost of production, operating cost and production rate, all depend on the selection of proper material handling equipment. Conveyors are material handling equipment which is used to transport loads continuously from one place to another over a fixed path (Peters et al, 1998). Automated guided vehicles (AGVs) are integral part of material handling system. An industry with computer integrated manufacturing, AGV plays a significant role in material handling. AGVs are computer programmed, automated, driverless vehicles used for transfer of load from one place to another. Proper selection of AGVs can lead to optimal material handling and reducing the lead time
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