1 publication

• Published Subscription 6 Oct 2018

  Framework for Risk Analysis using Fuzzy Methodology and MADM Technique

  By Mohit Agarwal, Aditya Narayanan, Priyank Srivastava

  Abstract: This paper deals with a framework for the evaluation of risk in any of the complex processes like manufacturing, aerospace, nuclear industry, banking, administration etc. The methodology incorporates conventional FMEA, fuzzy FMEA, Dempster-Shafer theory and grey relation analysis. With its application, vagueness, uncertainty, ambiguity and repeatability in the results will be eliminated out. This will optimize the result which will make the system more secure and functional; thus improving the …

  Published in Journal of Aerospace Engineering & Technology · Vol. 8, Issue 2, 2018 · pp. 67–72 Read article →