A Selection of Optimal Electrical Energy Equipment Using Integrated Multi Criteria Decision Making Methodology

A Selection of Optimal Electrical Energy Equipment Using Integrated Multi Criteria Decision Making Methodology

K. D. Maniya, M. G. Bhatt
Copyright: © 2013 |Pages: 16
DOI: 10.4018/ijeoe.2013010107
OnDemand:
(Individual Articles)
Available
$37.50
Current Special Offers
No Current Special Offers
TOTAL SAVINGS: $37.50

Abstract

A selection of optimal electrical energy equipment provides the better energy economics in terms of saving in energy or fully utilization of energy, saving in running cost and also provides the better human comfort. Hence, in the present work integrated multi criteria decision making methodology is presented for selection of appropriate electrical energy equipment. The proposed methodology is integration two diverse multi criteria decision making methods; Analytical hierarchy (AHP) and Preference selection index (PSI) method. In the proposed methodology, integrated normalized selection index is computed for every electrical energy equipments and based on it all the electrical energy equipments are ranked and appropriate electrical energy equipment is selected for a given application. Finally, a simple case study is demonstrated to validate the proposed methodology and its potential applicability for real cases.
Article Preview
Top

2. Methodology Framework

There are several MADM methodologies are reported in the literature for selection, evaluation, and ranking of alternative in decision-making problems such as Simple Additive Weighing (SAW) method, Weighted Product method (WPM), AHP method, Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method, Grey Relational Analysis (GRA) method, ELimination Et Choice Translating REality (ELECTRE), Compromise Ranking method (VIKOR), Data Envelopment Analysis (DEA) method,Outranking methods such as Preference Ranking Organization METHod for Enrichment Evaluations, (PROMETHEE), Fuzzy MADM, etc

In the present study, AHP method and PSI method are utilized for the selection of electrical energy equipments. The main reasons to integrate these two methods are mentioned below:

Complete Article List

Search this Journal:
Reset
Volume 12: 1 Issue (2024): Forthcoming, Available for Pre-Order
Volume 11: 4 Issues (2022): 2 Released, 2 Forthcoming
Volume 10: 4 Issues (2021)
Volume 9: 4 Issues (2020)
Volume 8: 4 Issues (2019)
Volume 7: 4 Issues (2018)
Volume 6: 4 Issues (2017)
Volume 5: 4 Issues (2016)
Volume 4: 4 Issues (2015)
Volume 3: 4 Issues (2014)
Volume 2: 4 Issues (2013)
Volume 1: 4 Issues (2012)
View Complete Journal Contents Listing