AI Article Synopsis

  • The study focuses on finding the best location for a lithium-ion battery manufacturing plant to support the electric vehicle market's growth and sustainability.
  • It utilizes a hybrid decision support system that employs single-valued neutrosophic sets to reduce uncertainty in decision-making regarding plant locations.
  • The research concludes that Bangalore is the optimal site for the plant, backed by a robust methodology that integrates various assessment criteria to address ambiguity and improve decision accuracy.

Article Abstract

Lithium-ion battery (LiB), a leading residual energy resource for electric vehicles (EVs), involves a market presenting exponential growth with increasing global impetus towards electric mobility. To promote the sustainability perspective of the EVs industry, this paper introduces a hybridized decision support system to select the suitable location for a LiB manufacturing plant. In this study, single-valued neutrosophic sets (SVNSs) are considered to diminish the vagueness in decision-making opinions and evade flawed plant location assessments. This study divided into four phases. First, to combine the single-valued neutrosophic information, some Archimedean-Dombi operators are developed with their outstanding characteristics. Second, an innovative utilization of the Method based on the Removal Effects of Criteria (MEREC) and Stepwise Weight Assessment Ratio Analysis (SWARA) is discussed to obtain objective, subjective and integrated weights of criteria assessment with the least subjectivity and biasedness. Third, the Double Normalization-based Multi-Aggregation (DNMA) method is developed to prioritize the location options. Fourth, an illustrative study offers decision-making strategies for choosing a suitable location for a LiB manufacturing plant in a real-world setting. Our outcomes specify that Bangalore ( ), with an overall utility degree (0.7579), is the best plant location for LiB manufacturing. The consistency and robustness of the presented methodology are discussed with the comparative study and sensitivity investigation. This is the first study in the current literature that has proposed an integrated methodology on SVNSs to select the best LiB manufacturing plant location by estimating both the objective and subjective weights of criteria and by considering ambiguous, inconsistent, and inexact manufacturing-based information.

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Source
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC10010990PMC
http://dx.doi.org/10.1016/j.heliyon.2023.e14244DOI Listing

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