Selection of a Forklift for a Cargo Company with Fuzzy BWM and Fuzzy MCRAT Methods

Author:

Ulutaş Alptekin1ORCID,Topal Ayse2,Karabasevic Darjan3ORCID,Balo Figen4ORCID

Affiliation:

1. Department of International Trade and Business, Inonu University, 44000 Malatya, Turkey

2. Department of Business, Nigde Omer Halisdemir University, 51240 Nigde, Turkey

3. Faculty of Applied Management, Economics and Finance, University Business Academy in Novi Sad, Jevrejska 24, 11000 Belgrade, Serbia

4. Department of METE, Engineering Faculty, Firat University, 23000 Elazig, Turkey

Abstract

Material handling is a cost-intensive operation for businesses. There are several alternative types of equipment for material handling, therefore it is important to select the best one among them to decrease the cost. As there are several different alternatives and criteria which are used to assess these alternatives, multi-criteria decision making (MCDM) techniques are useful to determine the optimal material handling equipment (MHE) for businesses. In this study, fuzzy BWM for determining weights of criteria and the fuzzy Multiple Criteria Ranking by Alternative Trace (MCRAT) method have been used for ranking forklift alternatives. This study’s significance in the literature will be the creation of a novel fuzzy MCDM technique with the application of fuzzy MCRAT. Furthermore, there are relatively few studies employing the MCRAT approach in the literature; therefore, this study will provide additional data and outcomes from this method to the literature. The findings present that the forklift with the code FLT-3 performed the best, whereas the forklift with the code FLT-2 had the worst performance, according to the fuzzy MCRAT technique. According to the comparison analysis, the fuzzy MCRAT produced the same results as the fuzzy ARAS and had a few subtle differences to fuzzy MARCOS.

Publisher

MDPI AG

Subject

Geometry and Topology,Logic,Mathematical Physics,Algebra and Number Theory,Analysis

Reference59 articles.

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