Use of an Analytic Network Process and Monte Carlo Analysis in New Product Formula Selection Decisions

DOI10.1142/S0217595915500074zbMath1319.90041OpenAlexW2151700438MaRDI QIDQ5255186

Nopasit Chakpitak, Gilles Neubert, Ratapol Wudhikarn

Publication date: 12 June 2015

Published in: Asia-Pacific Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1142/s0217595915500074

zbMATH Keywords

analytic network processMonte Carlo analysisproduct qualitymulti-criteria decision-makingmanufacturing cost

Mathematics Subject Classification ID

Monte Carlo methods (65C05) Management decision making, including multiple objectives (90B50)

Related Items (1)

Complementary judgment matrix method with imprecise information for multicriteria decision-making

Cites Work

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• Does Implementing an Effective TQM Program Actually Improve Operating Performance? Empirical Evidence from Firms That Have Won Quality Awards
• Manufacturing cost deployment
• Magnitude adjustment for AHP benefit/cost ratios

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