Abstract
Advanced manufacturing technology (AMT) is defined as a modern method of production incorporating highly automated and sophisticated computerized design and operational systems. Hence, an investment decision to adopt AMT is a strategic decision. A group decision making process is stressful when group members have different views under multiple and conflicting criteria. Satisfying group members’ opinions has a critical impact on a decision. In this chapter, a multiple criteria group decision making problem under a fuzzy environment is used for the selection among AMTs. Choquet integral methodology is used for this selection. A strategic investment problem of a company for a suitable Automated Storage/Retrieval System (AS/RS) is considered and discussed.
| Original language | English |
|---|---|
| Title of host publication | Industrial Engineering |
| Subtitle of host publication | Concepts, Methodologies, Tools and Applications: Information Resources Management Association USA: Volume I |
| Publisher | IGI Global |
| Pages | 1115-1134 |
| Number of pages | 20 |
| Volume | II |
| ISBN (Electronic) | 9781466619463 |
| ISBN (Print) | 9781466619456 |
| DOIs | |
| Publication status | Published - 1 Jan 2012 |
Bibliographical note
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