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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 5 Issue 7 pp. 695-708 , 2015

A comparative analysis of different hybrid MCDM techniques considering a case of selection of 3D printers Pages 695-708 Right click to download the paper Download PDF

Authors: Debapriyo Paul, Puneet Kumar Agarwal, Gourab Gopal Mondal, Debamalya Banerjee

DOI: 10.5267/j.msl.2015.5.003

Keywords: 3D Printing, ANP, Comparative analysis, Hybrid MCDM, PROMETHEE, Similarity Method, TOPSIS

Abstract: A multitude of techniques fall under the domain of Multi- Criteria Decision Making (MCDM) which is used to select the best alternative among the available ones. The objective of this paper is to compare some of these techniques with respect to the problem of selection of 3D printers, which is associated with multiple attributes. The weights of the criteria were determined using analytical network process (ANP). Next, the alternatives were ranked using three different MCDM techniques- 1.TOPSIS which ranks alternatives having the shortest distance to the ideal solution as well as the greatest distance from the negative-ideal solution 2. Deng’s Similarity based Approach where the most preferred alternative should have the highest degree of similarity to the positive ideal solution and the lowest degree of similarity to the negative-ideal solution and 3.PROMETHEE and GAIA. The solutions for each of these three cases were analyzed thoroughly, and reasons for any deviations were discussed.

How to cite this paper
Paul, D., Agarwal, P., Mondal, G & Banerjee, D. (2015). A comparative analysis of different hybrid MCDM techniques considering a case of selection of 3D printers.Management Science Letters , 5(7), 695-708.

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Journal: Management Science Letters | Year: 2015 | Volume: 5 | Issue: 7 | Views: 2440 | Reviews: 0

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