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Feasibility of an RMS Design

2018 
This chapter presents evaluation of economic and operational feasibility of an RMS design as its first tactical design stage. Because of risk and uncertainty in an RMS environment, this major task must be performed precisely before investment in its detailed design. The feasibility study is not only intended to evaluate the possibility of implementation of an RMS design but also to produce a reference base for its evaluation through the design loop over planning horizons. The RMS key feature of reconfigurability is described as its operational feasibility to deal with capacity changes and functionality, which are considered as the major attributes for feasibility evaluation. An integrated structure of the Analytical Hierarchy Process (AHP) and fuzzy set theory is presented. The fuzzy Analytical Hierarchy Process (FAHP) model is examined in an industrial case study.
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