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Research on optimal decision-making of cloud manufacturing service provider based on grey correlation analysis and TOPSIS

Yanjuan Hu, Lizhe Wu, Chao Shi, Yilin Wang and Feifan Zhu

International Journal of Production Research, 2020, vol. 58, issue 3, 748-757

Abstract: It is of great practical significance to optimise the decision-making of cloud manufacturing service providers, which can ensure the efficient operation of the cloud manufacturing services. In order to effectively optimise, this paper constructs the evaluation index system, sorts out 7 important evaluation indexes. A method is proposed on the basis of the TOPSIS method and Grey Correlation Analysis (GRA), which is a decision-making method combining static distance and dynamic trend, and make the evaluation results more reasonable. In addition, in order to reflect the true weight of the high dimensional index, the evaluation model of projection pursuit index is established. The improved Particle Swarm Optimisation (PSO) algorithm is used to optimise the projection index function and model parameters, and to obtain the objective weights of evaluation indexes. Then the objective weights combine with the subjective weights obtained by the Analytic hierarchy process (AHP), which makes the weights of the evaluation indexes achieve the unity of subjective and objective. Finally, 20 sets of simulation examples are given to illustrate the feasibility and effectiveness of the proposed method.

Date: 2020
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Citations: View citations in EconPapers (3)

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DOI: 10.1080/00207543.2019.1600760

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