Abstract
Recent developments in industry suggest another way of achieving excellence in production, that is, industry regulators and professional bodies must encourage innovation in a broad range of high-tech production facilities with environment in mind. Success of the industry depends upon production facilities and the competitive advantage that the industry gains because of better quality and reliability. Today, most of the production strategies are influenced by quality, cost, delivery, innovation, and responsiveness. Firms have traditionally pursued these goals through adoption of production practices, such as simultaneous engineering, increasing efficiency through elimination of defects, setup reduction etc., and worker empowerment. This work presents a model based on multi criteria decision making (MCDM) analysis.
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