Thesis Type: Postgraduate
Institution Of The Thesis: Orta Doğu Teknik Üniversitesi, Faculty of Engineering, Department of Industrial Engineering, Turkey
Approval Date: 2016
Student: GÖKÇE ÖZKAN
Supervisor: GÜLSER KÖKSALAbstract:
The aim of this study is to provide an effective method for determining parameters of multivariate loss functions, which are related with process economics. The loss functions are widely used in product and process design and other quality engineering applications. Although there are several studies about different types of loss functions, there is a lack of studies on determining cost matrix parameters of these functions. For this purpose, we propose a method based on multi-objective decision making tools. We illustrate use of the method on two example problems, and discuss their results.