This paper develops and describes a systematic computer-assisted methodology for the selection of material handling equipment (MHE). A microcomputer based system called ADVISOR models the material handling equipment selection process and employs information on 77 of the most common equipment types used in material transport, positioning, unit formation, and storage. The system identifies the appropriate equipment type for an application in two stages. At the primary stage, potential equipment types are identified through the use of physical requirements of the material handling activities specified by users. Eligible equipment are ranked according to their normalized accumulated rating and placed in a candidate equipment list. After this, a second stage involving an economic analysis for each eligible equipment is performed. The evaluation criteria provided by ADVISOR include present worth (PW).equivalent uniform annual cost (EUAC), return on investment (ROI), and payback period(PP) methods. Through ADVISOR, the expert-like MHE selection system recommends a ranked set of equipment based on user input data. An example problem is given in the paper to demonstrate the use of the system.
All Science Journal Classification (ASJC) codes
- Strategy and Management
- Management Science and Operations Research
- Industrial and Manufacturing Engineering