2021
DOI: 10.35808/ersj/2312
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New Αpplication of FMEA Αnalysis in the Ηeavy Ιndustry Supply Chain

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“…It may be inferred from the existing body of research that the supply chain industry uses risk analysis methods that closely resemble those employed in various other domains. The authors exclusively employ the FMEA [12][13][14] assessment technique, or a modified version of FMEA with factors limited to 5 levels instead of 10 [15]. Alternatively, they utilize mixed evaluation techniques such as Fuzzy-FMEA [11,[16][17][18][19], Fuzzy-AHP [20,21], FMEA-ANP [22], or Fuzzy Bayesian-based FMEA [14].…”
Section: Introductionmentioning
confidence: 99%
“…It may be inferred from the existing body of research that the supply chain industry uses risk analysis methods that closely resemble those employed in various other domains. The authors exclusively employ the FMEA [12][13][14] assessment technique, or a modified version of FMEA with factors limited to 5 levels instead of 10 [15]. Alternatively, they utilize mixed evaluation techniques such as Fuzzy-FMEA [11,[16][17][18][19], Fuzzy-AHP [20,21], FMEA-ANP [22], or Fuzzy Bayesian-based FMEA [14].…”
Section: Introductionmentioning
confidence: 99%
“…According to AS/NZS Standard 4360:1995, risk is the chance of something happening that has an impact on the goal as measured in terms of consequences and probabilities. Companies that apply risk assessment will be more aware and ready to face the possibility of potential risks and can estimate the handling scenario [12] defines risk management in an organization as a risk management system faced by an organization comprehensively to increase corporate value. according to Vaughan in Rosih et al, [13], uncertainty is a state of mind filled with doubt.…”
Section: Introductionmentioning
confidence: 99%