Optimal Multi-Criteria Decision Model For The Production And Supply Of Ball Valve By Utilizing Recycled Plastic In Green Manufacturing Company
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Abstract
In the current scenario industrialization is placing a huge impact on developing nations such as India especially the production sector. Due to the rapid growth of the country, creating a huge demand in the production of food grains which is resulting in the Green revolution. As raining is seasonal in India, farming is majorly depending on the irrigation system. In this paper, we considered a Green manufacturing private company established under Make in India Project with the mission and vision of Swatch Bharath Abhiyan, which produces ball-valve using recycled plastic which helps to control the flow of water. The company is producing different varieties of ball valves as per the need of farmers. Thus, the company needs to achieve multiple goals such as minimizing production cost, maximizing profit, increasing the sales, minimizing the raw material cost, optimum utilization of human resources, matching up to the farmers demand, minimizing the transportation cost, marketing and advertisement cost, investment in research and development, cost of quality checking, minimizing losses during production, optimum usage of where house capacity, minimization of lost sales, minimizing of damage during packing and transportation. Keeping all these constraints in mind we developed an Optimal Multi-Criteria Decision Model [MCDM] using Goal Programming [GP] technique to achieve all the goals according to priorities of the manufacturer up to a satisfactory level based on the obtained deviation.
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