Technique for Order of Preference by Similarity to Ideal Solution- A Strategic Decision for Material Selection

Abstract

The electroplating industry has been playing a vital role in development and growth of numerous metal
manufacturing sectors and other engineering industries. In India, there are more numbers of independent tiny to small
scale units operating throughout the country working in electroplating process. Strategic decision for outsourcing of
material for electroplating is one of the major parameter to make the efficiency and production rate high. At time of
selecting metal for the electroplating process, it is necessary to compare their characteristics in a critical way and
should be taken into account other conflicting criteria that can influence the process. In this paper, in the paper various
MADM techniques discuss with their strength and weakness. Then implication of TOPSIS method adopted and replace
with AHP and VIKOR Hybrid Methodology as input data. Solve with TOPSIS methodology to select the appropriate
metal for the electroplating process. Finally the proposed model has been compared with AHP and VIKOR methods for
the selection of appropriate electroplating material.