Raw material criticality assessment with weighted indicators: An application of fuzzy analytic hierarchy process
BumChoong Kim and
Resources Policy, 2019, vol. 60, issue C, 225-233
This research focuses on the relative weight of indicators in raw material criticality assessment. The weight of the indicators configured for a criticality assessment varies based on the purpose of the evaluation and the stakeholders. That weight also has a significant impact on the assessment results. Consequently, it is essential to derive the weights using a scientific methodology quantitatively. We applied a fuzzy analytic hierarchy process (AHP) to secure a plausible weight for the appraisal of the raw material criticality in Korea. The results indicate that significant changes in the criticality are observed comparing the results from the previous method. We also set up three groups, those are government, industry, and research, to discuss the differences in a stakeholder's perspective. Our results and discussions on the difference in the weights and criticality for each group could help to establish policies to mitigate the raw material criticality.
Keywords: Material criticality; Fuzzy AHP; Weight of indicator; Stakeholder (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:60:y:2019:i:c:p:225-233
Access Statistics for this article
Resources Policy is currently edited by R. G. Eggert
More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().