JUSTIFICATION AND SELECTION OF ADVANCED TECHNOLOGIES: APPLICATION OF HYBRID MCDM APPROACH BASED ON FANP AND FARAS

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ALIAKBARI NOURI FAHIMEH; SHAFIEI NIKABADI MOHSEN

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Paper Information

Journal: JOURNAL OF TECHNOLOGY DEVELOPMENT MANAGEMENT Year:2015 | Volume:2 | Issue:3 Page(s): 109-134

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Information Journal Paper

Title

JUSTIFICATION AND SELECTION OF ADVANCED TECHNOLOGIES: APPLICATION OF HYBRID MCDM APPROACH BASED ON FANP AND FARAS

Author(s)

ALIAKBARI NOURI FAHIMEH | SHAFIEI NIKABADI MOHSEN | Issue Writer Certificate

Keywords

TECHNOLOGY JUSTIFICATIONQ2

TECHNOLOGY SELECTIONQ2

ADVANCED MANUFACTURING TECHNOLOGY (AMT)Q2

FUZZY ANALYTIC NETWORK PROCESS (FANP)Q2

FUZZY ARASQ2

Abstract

New technology is an important tool for differentiation on the market. Advanced Manufacturing Technologies (AMTs) have a lot of benefits for organizations. However, selection of inappropriate technology could have devastating impact both financially and strategically. Selection of right technology is a critical stage in a successful technology transfer process. The objective of this paper is developing an evaluation model to judge the appropriateness of advanced technologies by applying the integrated model of FANP-FARAS. This research is applicable in purpose and it has been done with a descriptive survey approach. For prioritization of the selection criteria, the data has been gathered by pairwise comparison questionnaire of FANP and for estimation of the performance rate of different technologies; the FARAS questionnaire has been applied. For the purpose of justifying and selecting new technologies, both qualitative and quantitative factors have been considered in human factors, operational factors and financial factors. Allowing for interdependencies among selection criteria provides a more realistic evaluation process than other selection processes that ignore such interdependencies. The TECHNOLOGY SELECTION process is a complex problem, because the decision criteria may be in conflict and may also be uncertain. In addition, interdependent relationships exist among various dimensions and criteria. The findings shows that the proposed hybrid MCDM approach based on fuzzy ANP and FUZZY ARAS is applicable methodology to assist in TECHNOLOGY SELECTION decisions. This model provides managers a tool for evaluating several technology alternatives and selecting the most appropriate technology for adoption.

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APA: Copy

ALIAKBARI NOURI, FAHIMEH, & SHAFIEI NIKABADI, MOHSEN. (2015). JUSTIFICATION AND SELECTION OF ADVANCED TECHNOLOGIES: APPLICATION OF HYBRID MCDM APPROACH BASED ON FANP AND FARAS. JOURNAL OF TECHNOLOGY DEVELOPMENT MANAGEMENT, 2(3 ), 109-134. SID. https://sid.ir/paper/260167/en

Vancouver: Copy

ALIAKBARI NOURI FAHIMEH, SHAFIEI NIKABADI MOHSEN. JUSTIFICATION AND SELECTION OF ADVANCED TECHNOLOGIES: APPLICATION OF HYBRID MCDM APPROACH BASED ON FANP AND FARAS. JOURNAL OF TECHNOLOGY DEVELOPMENT MANAGEMENT[Internet]. 2015;2(3 ):109-134. Available from: https://sid.ir/paper/260167/en

IEEE: Copy

FAHIMEH ALIAKBARI NOURI, and MOHSEN SHAFIEI NIKABADI, “JUSTIFICATION AND SELECTION OF ADVANCED TECHNOLOGIES: APPLICATION OF HYBRID MCDM APPROACH BASED ON FANP AND FARAS,” JOURNAL OF TECHNOLOGY DEVELOPMENT MANAGEMENT, vol. 2, no. 3 , pp. 109–134, 2015, [Online]. Available: https://sid.ir/paper/260167/en

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