InImpact: The Journal of Innovation Impact |
| Publisher |
Future Technology Press |
| Vol. 7 No. 2 |
KES Transactions on SDM I - Sustainable Design and Manufacturing 2014 |
| Volume Editors |
KES International |
| Journal ISSN |
2051-6002 |
| |
| Article Title | A framework for multi-criteria decision support in sustainable through-life management of industrial assets |
| Primary Author | Stefanie Niekamp, TWI Ltd, Cambridge; University of Surrey |
| Other Author(s) |
Ujjwal Bharadwaj; Jhuma Sadhukhan; Marios Chryssanthopoulos
|
| Pages |
444 - 455
|
| Article ID |
sdm14-088 |
| Publication Date |
01-May-16 |
| Abstract | The aim of this research is to present rational decision support for sustainable management of industrial assets in situations where there are multiple conflicting objectives. For this purpose, a Multi-Criteria Decision Analysis (MCDA) framework that incorporates sustainability criteria over the whole life cycle has been developed. The basic needs of such a framework are reviewed and an initial concept is presented. Life Cycle Costing (LCC) and Life Cycle Assessment (LCA) criteria are discussed in-depth. These criteria provide a combination of the costs and environmental impacts that occur throughout the life phases of an industrial asset, including initial, operation and maintenance phases, any associated failure and the end of life phase. Moreover, preference weighting and uncertainty are considered explicitly allowing for higher confidence in the results. In order to facilitate stakeholder communication, numerical results are visualised. Contributions and scoring of the chosen criteria are depicted which help to identify most relevant parameters. Finally performance scores can be aggregated with the aid of MCDA techniques. |
| | View Paper |
