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Spare parts criticality evaluation using hybrid multiple criteria decision making technique

Spare parts criticality evaluation using hybrid multiple criteria decision making technique Criticality evaluation of spare parts is very important for controlling the spare parts inventory. The service levels that are specified consequent to the criticality evaluation serve as one of the inputs enabling smooth operation of production facilities. Systematic criticality evaluation of spare parts is the key to effective control of spare parts inventory systems. In order to deal with this problem, the criticality of the spare parts (SPs) must be confirmed. There are many factors to be considered as a part of the criticality of spare parts for maintenance activities. Consequently, evaluation procedures involve several objectives and it is often necessary to compromise among possibly conflicting tangible and intangible factors. For these reasons, MCDM has been found to be a useful approach to solve this kind of problem. In the present work, a three phase hybrid model is developed for the evaluation of criticality of the spare parts. The first stage involves identifying the criteria. The second stage is to prioritise the different criteria using fuzzy ANP, and then finally ranking of spare parts using fuzzy TOPSIS. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Information and Decision Sciences Inderscience Publishers

Spare parts criticality evaluation using hybrid multiple criteria decision making technique

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1756-7017
eISSN
1756-7025
DOI
10.1504/IJIDS.2012.050377
Publisher site
See Article on Publisher Site

Abstract

Criticality evaluation of spare parts is very important for controlling the spare parts inventory. The service levels that are specified consequent to the criticality evaluation serve as one of the inputs enabling smooth operation of production facilities. Systematic criticality evaluation of spare parts is the key to effective control of spare parts inventory systems. In order to deal with this problem, the criticality of the spare parts (SPs) must be confirmed. There are many factors to be considered as a part of the criticality of spare parts for maintenance activities. Consequently, evaluation procedures involve several objectives and it is often necessary to compromise among possibly conflicting tangible and intangible factors. For these reasons, MCDM has been found to be a useful approach to solve this kind of problem. In the present work, a three phase hybrid model is developed for the evaluation of criticality of the spare parts. The first stage involves identifying the criteria. The second stage is to prioritise the different criteria using fuzzy ANP, and then finally ranking of spare parts using fuzzy TOPSIS.

Journal

International Journal of Information and Decision SciencesInderscience Publishers

Published: Jan 1, 2012

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