Performance measurement of manufacturing units using hybrid weights method

Raman Kumar, Harwinder Singh, Jasgurpreet Singh Chohan and Sunil Luthra

International Journal of Business Excellence, 2025, vol. 35, issue 3, 310-328

Abstract: This paper aims to provide new insight into using a hybrid weightage framework for measuring the performance of manufacturing organisations. In the proposed framework, five important parameters (viz. quality, flexibility, delivery, cost, production) and corresponding 15 sub-parameters have been considered for measuring the performance of small-scale agricultural equipment manufacturing organisations. The hybrid weights, i.e., a combination of subjective, objective, and normalised standard regression weights, have been used to fulfil the aim of the study. A case study of an organisation having two plants situated at different places (both engaged in manufacturing agricultural equipment) has been demonstrated to show the effectiveness of a framed model. The survey study showed that the cost has a higher path coefficient, and performance explains about 78% of the variance in price. The finding indicates that plant 1 has higher performance than plant 2 using hybrid weights.

Keywords: performance measurement; manufacturing; confirmatory factor analysis; hybrid weights; decision making. (search for similar items in EconPapers)
Date: 2025
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