Bombardier Aerospace’s high performance aircrafts and services set the utmost standard for the Aerospace industry. A case study in collaboration with Bombardier Aerospace is conducted in order to estimate the target cost of a landing gear. More precisely, the study uses both parametric model and neural network models to estimate the cost of main landing gears, a major aircraft commodity. A comparative analysis between the parametric based model and those upon neural networks model will be considered in order to determine the most accurate method to predict the cost of a main landing gear. Several trials are presented for the design and use of the neural network model. The analysis for the case under study shows the flexibility in the design of the neural network model. Furthermore, the performance of the neural network model is deemed superior to the parametric models for this case study.

In today’s global and dynamic business environment, manufacturing organizations face the tremendous challenge of expanding markets and meeting the customer expectations. It compels them to lower total cost in the entire supply chain, shorten throughput time, reduce inventory, expand product choice, provide more reliable delivery dates and better customer service, improve quality, and efficiently coordinate demand, supply and production. In order to accomplish these objectives, the manufacturing organizations are turning to enterprise resource planning (ERP) system, which is an enterprise-wide information system to interlace all the necessary business functions, such as product planning, purchasing, inventory control, sales, financial and human resources into a single system having a shared database. Thus to survive in the global competitive environment, implementation of a suitable ERP system is mandatory. However, selecting a wrong ERP system may adversely affect the manufacturing organization’s overall performance. Due to limitations in available resources, complexity of ERP systems and diversity of alternatives, it is often difficult for a manufacturing organization to select and install the most suitable ERP system. In this paper, two ERP system selection problems are solved using fuzzy multi-objective optimization on the basis of ratio analysis (MOORA) method and it is observed that in both the cases, SAP is the best solution.

Product selection is always one of the troubles that decision makers are facing with it. Correct selection requires having suitable method for this important issue. In this article, we concern to introduce an approach of fuzzy decision making for selection to decision makers. The nature of decision making is usually complex and without structure. Totally, most of qualitative and quantitative factors such as quality, price, and flexibility should be concerned for determining a suitable product. In this study, it is attempted to use recent advances in ranking methods for product selection. The proposed study uses oral preferences language shown in terms of triangular and trapezoid fuzzy numbers. Then, a multi criteria hierarchical decision making is suggested on the basis of fuzzy collection theory for product selection where the proposed fuzzy VIKOR uses different qualitative and quantitative criteria.

The Electre III is a widely accepted multi attribute decision making model, which takes into account the uncertainty and vagueness. Uncertainty concept in Electre III is introduced by indifference, preference and veto thresholds, but sometimes determining their accurate values can be very hard. In this paper we represent the values of performance matrix as interval numbers and we define the links between interval numbers and concordance matrix .Without changing the concept of concordance, in our propose concept, Electre III is usable in decision making problems with interval numbers.

Several researchers have considered similarities between Multi-Criteria Decision Making (MCDM) and Data Envelopment Analysis (DEA), as tools for solving decision making problems. As the preferences of decision- maker (DM) on alternatives are not considered in classical DEA, some researchers have tried to consider it in DEA. The UTA-STAR method is one of the techniques widely used in Multi Criteria Decision Analysis. In this technique, the preferences of decision maker on alternatives are considered and UTA-STAR tries to compute the most suitable weights for criteria and alternatives to obtain a utility function having a minimum deviation from the preferences. The goal of this paper is interpreting decision maker’s preferences in UTA-STAR method, in a new manner, using the common set of weights (CSW) in DEA.