Selection of production lines in the metallurgical industry using the Compromise Programming method

Every organization today faces the problem of decision making. In this regard, the intent of this paper is to present an approach based on the multi-criteria decision-making methods. Primarily, the proposed approach is aimed to help solving problem of choosing the optimal production lines in the met...

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Main Authors: Radivojević Srbislav, Maksimović Mlađan, Karabašević Darjan, Novaković Srđan
Format: Article
Language:English
Published: Mining and Metallurgy Institute, Bor 2018-01-01
Series:Mining and Metallurgy Engineering Bor
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2018/2334-88361803033R.pdf
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author Radivojević Srbislav
Maksimović Mlađan
Karabašević Darjan
Novaković Srđan
author_facet Radivojević Srbislav
Maksimović Mlađan
Karabašević Darjan
Novaković Srđan
author_sort Radivojević Srbislav
collection DOAJ
description Every organization today faces the problem of decision making. In this regard, the intent of this paper is to present an approach based on the multi-criteria decision-making methods. Primarily, the proposed approach is aimed to help solving problem of choosing the optimal production lines in the metallurgical industry. The proposed approach is based on the use of the AHP method for determining the weights of criteria, whereas the Compromise Programming is used for selection the alternatives. The usability, applicability and efficiency of the proposed approach is demonstrated in a conducted case study of selection the production lines in the metallurgical industry.
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spelling doaj.art-22e2524602284d40a971016cff1d7cad2024-04-03T09:40:29ZengMining and Metallurgy Institute, BorMining and Metallurgy Engineering Bor2334-88362406-13952018-01-0120183-4333910.5937/mmeb1804033R2334-88361803033RSelection of production lines in the metallurgical industry using the Compromise Programming methodRadivojević Srbislav0Maksimović Mlađan1Karabašević Darjan2https://orcid.org/0000-0001-5308-2503Novaković Srđan3University Business Academy in Novi Sad, Faculty of Applied Management, Economics and Finance, Belgrade , SerbiaUniversity Business Academy in Novi Sad, Faculty of Applied Management, Economics and Finance, Belgrade , SerbiaUniversity Business Academy in Novi Sad, Faculty of Applied Management, Economics and Finance, Belgrade , SerbiaUniversity Business Academy in Novi Sad, Faculty of Applied Management, Economics and Finance, Belgrade , SerbiaEvery organization today faces the problem of decision making. In this regard, the intent of this paper is to present an approach based on the multi-criteria decision-making methods. Primarily, the proposed approach is aimed to help solving problem of choosing the optimal production lines in the metallurgical industry. The proposed approach is based on the use of the AHP method for determining the weights of criteria, whereas the Compromise Programming is used for selection the alternatives. The usability, applicability and efficiency of the proposed approach is demonstrated in a conducted case study of selection the production lines in the metallurgical industry.https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2018/2334-88361803033R.pdfmetallurgical industryproduction linesmcdmcompromise programming
spellingShingle Radivojević Srbislav
Maksimović Mlađan
Karabašević Darjan
Novaković Srđan
Selection of production lines in the metallurgical industry using the Compromise Programming method
Mining and Metallurgy Engineering Bor
metallurgical industry
production lines
mcdm
compromise programming
title Selection of production lines in the metallurgical industry using the Compromise Programming method
title_full Selection of production lines in the metallurgical industry using the Compromise Programming method
title_fullStr Selection of production lines in the metallurgical industry using the Compromise Programming method
title_full_unstemmed Selection of production lines in the metallurgical industry using the Compromise Programming method
title_short Selection of production lines in the metallurgical industry using the Compromise Programming method
title_sort selection of production lines in the metallurgical industry using the compromise programming method
topic metallurgical industry
production lines
mcdm
compromise programming
url https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2018/2334-88361803033R.pdf
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AT karabasevicdarjan selectionofproductionlinesinthemetallurgicalindustryusingthecompromiseprogrammingmethod
AT novakovicsrđan selectionofproductionlinesinthemetallurgicalindustryusingthecompromiseprogrammingmethod