Selecting Optimal Charcoal Company using Multi-Criteria Decision Making Methodology

Abstract

A popular technique used in many industries to assist decision-makers in evaluating and selecting the best alternatives from a variety of accessible possibilities is multi-criteria decision-making (MCDM). This study proposed an MCDM methodology for selecting optimal charcoal from various options and criteria. Various criteria influence the selection problem, such as financial, safety, labour, power supply, production, and transportation. This study used the Combinative Distance Assessment (CODAS) method as an MCDM method to rank the alternatives and use the best one. This study used nine criteria and twenty alternatives. The requirements are divided into positive and negative criteria to compete for the positive and negative ideal solution using the CODAS method. The criteria weights are computed. The rank of alternatives is checked by using the sensitivity analysis. The results show the rank of other options is stable in different cases.