Selection of a Plant Site: A Multi Criteria Decision Making Using AHP and GRA
Published: 2012
Author(s) Name: Debendra Kumar Mahalik |
Author(s) Affiliation: Sr lecturer, PG Dept of Business Administration, Sambalpur University, Orissa, India
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Abstract
Selection of a plant site for setting of production unit is a major concern for entrepreneurs across the world, as these production
units requires various inputs to convert in to tangible outputs. So this site selection depends upon various factors listed in literature
or otherwise. But the weight-age of these factors varies and solely depend upon the decision makers with respect to choices. So
site selection is an multi-criteria decision making process. In this paper an attempt has been made using AHP and Grey relational
analysis (GRA) to solve an case of Steel plant site selection problem in India.
Keywords: Site Selection, MCDM, AHP, GRA
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