A Hybrid FMEA-ROC-CoCoSo Approach for Improved Risk Assessment and Reduced Complexity in Failure Mode Prioritization
Vitor Anes,
António Abreu
Abstract:This paper proposes a novel hybrid model that integrates failure mode and effects analysis (FMEA), Rank Order Centroid (ROC), and Combined Compromise Solution (CoCoSo) to improve risk assessment and prioritization of failure modes. A case study in the healthcare sector will be conducted to validate the effectiveness of the proposed model. ROC is used to assign weights to the FMEA criteria (severity, occurrence, and detectability). CoCoSo is then applied to create a robust ranking of failure modes by considerin… Show more
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