Application of Combined Compromise Solution Method for Material Selection

Abstract

For a specific application, material selection for the production of a product plays a crucial role in the efficiency of the product. It is a multi-criteria decision-making (MCDM) issue to choose the appropriate content, as the selection depends on different criteria that are usually opposed in nature. This paper aims to address the issue of material selection using a combined compromise solution (CoCoSo). This method combined a compromise decision algorithm with an aggregation strategy to obtain a compromise solution. Two illustrative examples related to material selection, i.e., for a cryogenic storage tank and wagon wall material selection, are considered in this paper, and CoCoSo method is applied to rank the available substitute materials to select the best one.