IDEAS home Printed from https://ideas.repec.org/a/ris/buecrj/0321.html
   My bibliography  Save this article

Flexible Manufacturing System Selection with Entropy based ROV Method

Author

Listed:
  • Ulutaş, Alptekin

    (Cumhuriyet University)

Abstract

With increasing global competition, most manufacturing businesses turn to increase their production technologies to gain competitive advantage. Flexible manufacturing systems are also one of these production technologies. Flexible manufacturing systems have the capacity to produce a variety of products in a short time and in specified quantities. With the widespread use of advanced technology, manufacturing companies have begun using flexible manufacturing system to take advantage of benefits of this system. When evaluating or selecting of flexible manufacturing systems, many criteria, which are conflicted, should be considered. Hence, multi-criteria decision making methods are used in the evaluation or selection of flexible manufacturing systems. In this study, the flexible manufacturing systems will be selected with the Entropy based range of value (ROV) method. The objective weights of the criteria will be obtained by the Entropy method and alternatives will be ranked by the ROV method. Eight different alternatives are ranked with respect to their performance by using of this method. Since there is no study using ROV in Turkish literature, this study is thought to contribute to Turkish literature.

Suggested Citation

  • Ulutaş, Alptekin, 2018. "Flexible Manufacturing System Selection with Entropy based ROV Method," Business and Economics Research Journal, Uludag University, Faculty of Economics and Administrative Sciences, vol. 9(1), pages 187-194, January.
    • Handle: RePEc:ris:buecrj:0321
    as

    Download full text from publisher

    File URL: https://www.berjournal.com/flexible-manufacturing-system-selection-with-entropy-based-rov-method
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Flexible Manufacturing Systems; Multi-criteria Decision Making; ROV Method; Entropy Method;
    All these keywords.

    JEL classification:

    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:buecrj:0321. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adem Anbar (email available below). General contact details of provider: https://edirc.repec.org/data/iiulutr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.