Application of the fuzzy analytic hierarchy process to the lead-free equipment selection decision

Yu-Cheng Tang, Thomas W. Lin

Research output: Contribution to journalArticle

29 Citations (Scopus)

Abstract

After 1 July 2006, a major challenge that the manufacturing industry has to confront now is the effect of the lead-free equipment system selection process on companies' capital expenditure decision. With capital investment, the criteria may be financial (e.g. expected cash flows) and non-financial (e.g. product quality). We use a systems approach with the fuzzy analytic hierarchy process (FAHP) method as the decision support system to help decision makers making better choices both in relation to tangible criteria and intangible criteria. Fuzzy set theory will be utilised to provide an effective way of dealing with the uncertainty of human subjective interpretation of tangible and intangible criteria.

Original languageEnglish
Pages (from-to)35-56
Number of pages22
JournalInternational Journal of Business and Systems Research
Volume5
Issue number1
DOIs
Publication statusPublished - 2011 Jan 1

Fingerprint

Analytic hierarchy process
Lead
Fuzzy set theory
Decision support systems
Industry
Decision making
Fuzzy analytic hierarchy process
Uncertainty
Intangibles

All Science Journal Classification (ASJC) codes

  • Management Information Systems
  • Business and International Management
  • Strategy and Management

Cite this

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Application of the fuzzy analytic hierarchy process to the lead-free equipment selection decision. / Tang, Yu-Cheng; Lin, Thomas W.

In: International Journal of Business and Systems Research, Vol. 5, No. 1, 01.01.2011, p. 35-56.

Research output: Contribution to journalArticle

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