Multi-criteria Optimization of Electromechanical Modules: Part 2 - RAZOR method

Abstract

The paper presents the second part a study conducted on multi-criteria optimization of electromechanical modules. This part focuses on the use of RAZOR method, which is a multi-criteria optimization outranking method, based on the so-called Z-score in statistics. The conducted study is motivated by understanding the fact that the task for designing such modules, as well as the task for selecting an existing module for a given application are multivariate. This leads to the need for implementing optimization based decision-making on specified criteria. The used method offers a new approach to solving multicriteria optimization tasks and provides another tool to facilitate the decision-making process.