Paper Info
Title
An Integrated Interpretive Structural Modeling-Fuzzy Analytic Network Process-Benefits, Opportunities, Costs And Risks Model For Selecting Technologies
Abstract
Technology evaluation has been increasingly important because of the pressing needs of new product introduction in a competitive global market. To select the most appropriate technology, a firm needs to have a robust technology evaluation framework to evaluate several technology candidates based on multiple criteria and evaluated by multiple experts. Thus, this paper presents an integrated model for evaluating various technologies for New Product Development (NPD). A network that takes into account the benefits, opportunities, costs, and risks (BOCR) aspects of different technologies is constructed first, and interpretive structural modeling (ISM) is applied next to determine the interrelationships among the factors. Finally, fuzzy analytic network process (FANP) is used to facilitate the evaluation process of decision makers under an uncertain environment with interrelated factors. The proposed model is applied in a flat panel manufacturer in selecting the most suitable panel technology.
Year
DOI
Venue
2011
10.1142/S0219622011004592
INTERNATIONAL JOURNAL OF INFORMATION TECHNOLOGY & DECISION MAKING
Keywords
Field
DocType
Interpretive structural modeling (ISM), fuzzy analytic network process (FANP), benefits, opportunities, costs, and risks (BOCR), technology selection, flat panel
Appropriate technology,Multiple criteria,Risk analysis (engineering),Fuzzy analytic network process,Artificial intelligence,Multiple experts,Management science,Machine learning,Mathematics,New product development
Journal
Volume
Issue
ISSN
10
5
0219-6220
Citations 
PageRank 
References 
5
0.42
25
Authors
3
Name
Order
Citations
PageRank
Amy H. I. Lee127419.27
He-Yau Kang223417.19
Chao-Cheng Chang350.42