EQUIPMENT RESOURCE OPTIMIZATION BASED ON EFFICIENCY EVALUATION AND COMPARATIVE ADVANTAGE.

In this study, a method for optimizing equipment resources based on efficiency evaluation and the relative advantage relationship is proposed. An efficiency evaluation and optimization model are also constructed, and the corresponding algorithm is designed. The effects of altering the decision-matrix canonical method and quantity discount on multi-attribute decision-making are studied by investigating the available feasible solutions. The results show that the proposed efficiency evaluation and optimization model can yield several groups of optimal feasible solutions. Additionally, combining it with a multi-attribute decision model can enable it to effectively select and rank feasible solutions while avoiding the adverse effect of different decision-specification methods on the decision-making result. The decision method and quantity discount considerably influence the multi-attribute decision-making results, implying their importance when optimizing the equipment resources with respect to a manufacturing process. [ABSTRACT FROM AUTHOR]