Question: 1 . 6 . A maintenance manager has four objectives to optimize to the selection his maintenance strategy. He has four objectives or criteria for

1.6. A maintenance manager has four objectives to optimize to the selection his maintenance strategy. He has four objectives or criteria for selection. The objectives are cost, reliability, performance, and down time. The strategies to select from are the following four: run to failure (RF), time-based preventive (TP), condition based (CB) and combined time and condition based. CTBC. He gathered his staff and obtained the following matrix that shows the pairwise comparisons among the objectives.
Cost Reliability Performance Down Time
Cost 11/51/71
Reliability 1(1)/(2)5
Performance 16
Down time 1
(a) Compute the weight of each objective.[5]
The strategies were subjected to testing and scored in each objective out 10 as shown in the next matrix. Note that for cost and down time the less the better and for the other objectives the more the better.
RT TP CB CTBC
Cost 5976
Reliability 5687
Performance 6769
Down time 8566
(b) Compute the optimal strategy using TOPSIS and weighted score.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!