2020
DOI: 10.22190/fume200305031a
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Development of a New Hybrid Multi Criteria Decision-Making Method for a Car Selection Scenario

Abstract: Increasing competition in the automobile industry has led to a vast variety of choices when buying a car thus making car selection a tedious task. The objective of this research is to develop a new hybrid multi-criteria decision-making technique, with accuracy greater than that of the already existing methods, in order to help the people in decision-making while buying a car. Hence, considering a broader spectrum, this study aims at easing the process of multi-criteria decision-making problems in different fie… Show more

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Cited by 23 publications
(16 citation statements)
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“…The program was developed to identify the variants of two-carrier PGTs and their parameters that fulfil the kinematic requirements before listing them in order of priority according to the selection criteria [27], [28], such as maximum efficiency, minimum weight, or size constraints. The program is capable of tabulating solutions for two-speed and single-speed gearboxes, depending on whether the actual gearbox will have a fixed transmission ratio, or a transmission ratio change mechanism [29].…”
Section: ____________________________________________________________...mentioning
confidence: 99%
“…The program was developed to identify the variants of two-carrier PGTs and their parameters that fulfil the kinematic requirements before listing them in order of priority according to the selection criteria [27], [28], such as maximum efficiency, minimum weight, or size constraints. The program is capable of tabulating solutions for two-speed and single-speed gearboxes, depending on whether the actual gearbox will have a fixed transmission ratio, or a transmission ratio change mechanism [29].…”
Section: ____________________________________________________________...mentioning
confidence: 99%
“…Jena and Pradhan (2020) applied TOPSIS approach based risk model for evaluating risk associated with earthquake. Ali et al (2020) proposed TOPSIS approach based integrated decision making framework for car selection risk under various criteria like wheel style, fuel economy, price, comfort and performance, etc. Ramakrishnan and Chakraborty (2020) expounded the application of fuzzy TOPSIS approach for analyzing the risk involved in the selection of best green supplier for a manufacturing industry.…”
Section: Literature Surveymentioning
confidence: 99%
“…Previous laser cutting optimization studies have considered the application of the preference selection index (PSI) method, the weighted aggregated sum product assessment (WASPAS) method, and the superiority and inferiority (SIR) method. Given the limited number of studies on this topic as well as the certain limitations of MCDM methods, which are reflected in the fact that each MCDM method has a different functionality that affects the decision-making process and the resulting final ranking of alternatives [43,44], this study promotes a novel methodology for the assessment and selection of laser cutting conditions in the presence of a number of conflicting criteria by the development and application of a robust decision-making rule (RDMR) [45]. The development of an RDMR, which is based on the integration of different MCDM method decision rules and Taguchi's signal-to-noise (S/N) ratios, is believed to be justified since different decision-making rules even for the same problem may yield a different ranking of alternatives.…”
Section: Introductionmentioning
confidence: 99%