UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 1
January-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2201540


Registration ID:
319764

Page Number

f248-f254

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Title

Validation of Optimal Feasibility for Waste Minimization

Abstract

As being considered as the central phase of business functions, Supply Chain Management (SCM) is concerned with operational performance at each stage of a production process. In the present context, it has been an emerging topic of academia and industry as it can further improvise sustainable development of production processes across companies around the globe (1). It provides an integrated pathway to connect concerns for cost reduction, profit enhancement along with social, environmental and other societal benefits. The research objective revolves around peer review of selected literatures focusing their study on specific domains and organisations and their supply chain and processes which would entail to have an understanding of furthering our study to determine optimal feasibility for waste minimization of Siemens Ltd which is a German conglomerate having its arena in Industrial Manufacturing. The research would primarily focus in the field of Fire Detectors and other associated components in order to determine optimal feasibility for the company. It would be done by initial formulation of objective function and selection of most suitable decision variables along with consideration of potential constraints (2). The corresponding Decision Variables have been selected by Multi Criteria Decision Making method by employing the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS). The Objective Function is Waste Minimization with shortlisted Decision Variables as Target Audience, Transportation Mode (Road), Manpower Requirement and Inventory Management. The potential constraints include Machine Operation Time and Distances of Distribution Units from Manufacturing Location. The determination of optimal feasibility will pave way for achieving minimum waste disposal leading to inclusion as well as process efficiency. A multi objective optimization technique would be employed for the same. In such problems, the objective functions may be in conflict with each other. For simplification of solution process, the additional objective functions are generally handled as constraints. Such a kind of research will lead to emphasis on similar study on other components and organisations working in this or similar domain.

Key Words

TOPSIS, Waste Minimization, Multi Objective Optimization, Sorting Analysis.

Cite This Article

"Validation of Optimal Feasibility for Waste Minimization", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 1, page no.f248-f254, January-2022, Available :http://www.jetir.org/papers/JETIR2201540.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Validation of Optimal Feasibility for Waste Minimization", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 1, page no. ppf248-f254, January-2022, Available at : http://www.jetir.org/papers/JETIR2201540.pdf

Publication Details

Published Paper ID: JETIR2201540
Registration ID: 319764
Published In: Volume 9 | Issue 1 | Year January-2022
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.29110
Page No: f248-f254
Country: New Delhi, Delhi, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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