Application of stochastic analytic hierarchy process within a domestic appliance manufacturer
Banuelas, R. and Antony, J.. (2007) Application of stochastic analytic hierarchy process within a domestic appliance manufacturer. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 58 (1). pp. 29-38. ISSN 0160-5682Full text not available from this repository.
Official URL: http://dx.doi.org/10.1057/palgrave.jors.2602060
The stochastic analytic hierarchy process (SAHP) provides a mechanism for achieving more effective selection of alternatives in the form of considering multi and conflicting criteria using quantitative and qualitative information under uncertainty. In contrast to the traditional analytic hierarchy process, the SAHP uses probabilistic distributions to incorporate uncertainty that people have in converging their judgements of preferences into a Likert scale. The vector of priorities is calculated using Monte Carlo simulation, the final rankings are analysed for rank reversal using statistical analysis, and managerial aspects are introduced systematically. The present paper demonstrates an application of the SAHP in a world-class domestic appliance manufacturer. The case study was carried out by strictly following a disciplined and organized methodology for applying the SAHP developed by the authors. The results of this study were encouraging to key personnel within the company, establishing a greater opportunity to explore the applications of the SAHP in other core business processes.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management|
|Journal or Publication Title:||JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY|
|Publisher:||PALGRAVE MACMILLAN LTD|
|Number of Pages:||10|
|Page Range:||pp. 29-38|
Actions (login required)