Assessing Advanced Manufacturing Technologies: A Ne\v Approach Using the Analytic Network Process
Department or Administrative Unit
Finance and Supply Chain Management
This paper illustrates an application of the Analytic Network Process (ANP) to the decision by a tractor manufacturing company to implement flexible manufacturing systems (FMS). The ANP is a methodology recently introduced by Thomas L Saaty for multiple criteria problems where there is feedback and interdependence among decision attributes and alternatives. We determined the factors that affect the level of implementation of FMS by doing literature searches and further refined those factors through decision-making team's opinion. We ended up with 28 factors. The results of our decision model show that the company should not implement FMS with an overall priority of 0.503. We believe that the ANP is an effective framework for assessing advanced manufacturing technologies.
Bayazit, Ozden, "Assessing Advanced Manufacturing Technologies: A Ne\v Approach Using the Analytic Network Process" (2004). All Faculty Scholarship for the College of Business. 174.
International Business & Management Research Conference