Process-oriented risk assessment methodology for manufacturing process evaluation

Liaqat A. Shah, Alain Etienne, Ali Siadat and François Vernadat

International Journal of Production Research, 2017, vol. 55, issue 15, 4516-4529

Abstract: A process-oriented quantitative risk assessment methodology is proposed to evaluate risk associated with processes using modelling, simulation and decision-making approaches. For this purpose, risks involved in a process and the corresponding risk factors are identified through an objective-oriented risk identification approach. The identified risks are first analysed qualitatively in the failure mode effect and critical analysis process and then evaluated quantitatively in a simulation environment employing a process-based risk measurement model. To ease the decision-making process in case of multiple but heterogeneous risk measures, a global risk indicator is developed using the normalisation and aggregation techniques of the decision theory. Using the proposed methodology as a decision-making tool, alternative manufacturing scenarios (i.e. manufacturing process plans) are developed and ranked on the basis of desirability. Although the methodology is illustrated with a case study issued from the part manufacturing, it is also applicable to a wide range of other processes.

Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/00207543.2016.1268728 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:tprsxx:v:55:y:2017:i:15:p:4516-4529

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TPRS20

DOI: 10.1080/00207543.2016.1268728

Access Statistics for this article

International Journal of Production Research is currently edited by Professor A. Dolgui

More articles in International Journal of Production Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().