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ANALYTIC HIERARCHY PROCESS (AHP) APPROACH FOR SELECTION OF OPEN CAST COAL MINE PROJECT

Journal: International Journal of Industrial Engineering Research and Development (Vol.7, No. 2)

Publication Date:

Authors : ; ;

Page : 1-13

Keywords : Analytic Hierarchy Process (AHP); Open Cast Coal Mine; Pair Wise Comparison matrix; Consistency Index; Random Index; Consistency Ratio; Normalized Matrix; Priority Vector.;

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Abstract

Open cast coal mine project selection decision is one of the crucial decisions for the corporate level managers and engineers of coal producing company. Choosing a suitable open cast mining project to carry out extraction from the coal deposit is a very important in terms of the economics, safety, productivity and other tangible and intangible criteria the projects of open cast coal mines .In this research paper we have taken five real projects and ten criteria. Some of the criteria are fully subjective in nature. The best project is selected considering relative weight of these ten criteria. Analytic Hierarchy Process technique has been applied to select the best project.

Last modified: 2018-12-27 18:27:49