Selection of waste lubricant oil regenerative technology using entropy-weighted risk-based fuzzy axiomatic design approach

Abstract

The selection of waste lubricant oil regenerative technology regarding the complexity of the technologies and financial issues is a complex problem. Some risk factors exist regarding the ratings of technologies on the effective criteria. The current study tackles the selection of the technology based on fuzzy axiomatic design approach considering risk factors. Shannon entropy significance coefficients are computed for criteria. The problem is first solved by considering all criteria and then supplementary solutions are presented by categorizing the criteria to technical and economic groups. Two types of risk factors are identified for the technologies, i.e. eneral and specific risk factors.