INCREASING THE OVERALL EFFICIENCY OF WOOD WORKING INDUSTRY BY USING MULTIPLE ATTRIBUTE DECISION MAKING (MADM) ANALYSIS

- Selection of machines, materials, tools & skilled labour for different engineering applications is very essential for achieving higher level of accuracy & productivity. It must be noted that generally there is more than a single definite criterion for selecting the best possible solution to a manufacturing problem. The designers and engineers have to take into account a large number of selection criteria for the same. Uusually high risk is involved in processes requiring considerably higher expenditure. Project resources (i.e. system analyst, programmers and computer etc.) are expensive and benefits arising from a new system may take time to materialize.