Hybrid multi criteria decision making Techniques for selection of Maintenance strategy

Abstract

Maintenance system plays a key role in achieving organizational newlineGoals It contributes enormously to reducing downtime of equipment newlineimproving quality and increasing productivity The selection of a suitable newlinemaintenance strategy is very important to gain the aforementioned newlineadvantages Inadequate maintenance results in higher level of asset failures newlineand penalty costs The Maintenance Strategy Selection MSS which is newlineapproximated with a few factors makes the decision unrealistic The selection newlineof maintenance strategy is a multifaceted problem with conflicting criteria newlineAn attention is needed for the application of Multi Criteria Decision Making newline MCDM techniques in the management of maintenance The aim of this newlineresearch work is to develop and apply Hybrid Multi Criteria Decision Making newlinetechniques for the selection of optimum maintenance strategy newline