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Applying Cocoso, Mabac, Mairca, Eamr, Topsis and Weight Determination Methods for Multi-Criteria Decision Making in Hole Turning Process Cover

Applying Cocoso, Mabac, Mairca, Eamr, Topsis and Weight Determination Methods for Multi-Criteria Decision Making in Hole Turning Process

By: Duc Trung Do and  Nhu-Tung Nguyen  
Open Access
|Nov 2022

Abstract

The ranking of solutions to determine the best one among many solutions is always the setting goal for all activities of all fields in general and in the turning process in particular. When a solution is evaluated by multiple criteria, this is known as “Multi-Criteria Decision Making - MCDM”. Many MCDM methods were proposed by scientists, however, the ranked results of the solutions are not the same. In addition, the ranked results of the solutions also depend on the weighting methods of the criteria. In this study, the ranking of the solutions in the hole turning process was performed by different MCDM methods and with different weighting methods. Five MCDM methods were mentioned in this study including COCOSO, MABAC, MAIRCA, EAMR, and TOPSIS. In this study, five weighting methods were also used including MEREC weight, EQUAl weight, ROC weight, RS weight, and FUCOM weight. The combination of MCDM and weighting methods creates twenty-five ranking results of the solutions. It is interesting to note that all twenty-five ranking results determine the same best solution. The stability in ranking the solutions by MCDM methods was also discussed in this study. From the obtained results, several recommendations were drawn. Some issues that have not been solved in this study and need to be done in near future are also mentioned in the last section of this study.

DOI: https://doi.org/10.2478/scjme-2022-0014 | Journal eISSN: 2450-5471 | Journal ISSN: 0039-2472
Language: English
Page range: 15 - 40
Published on: Nov 7, 2022
Published by: Slovak University of Technology in Bratislava
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2022 Duc Trung Do, Nhu-Tung Nguyen, published by Slovak University of Technology in Bratislava
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.