Assessment of Six Sigma Selection Using TOPSIS Method

Production organizations have had success using six sigma as a business strategy in recent years to lower the number of defective products from production processes, cutting costs and increasing profitability. Six Sigma is considered a way for raising the caliber of procedures and goods that is well-structured. Through all the effective application of a construction approach, it aids in achieving the firm’s operations aim. Research Significance: Since Six Sigma is a project-driven approach, it is crucial to give projects that would benefit the firm financially the highest priority. But in reality, creating and prioritizing the crucial Six Sigma initiatives is a tremendous issue. Research methodology: In this study, the “technique for order of preference by similarity to ideal solution (TOPSIS)” is employed to select one or more six sigma projects that result in the maximum benefit to the organization. Different criteria are given specific weights of importance according to the “equal weights method (EWM)”. Result: The rank of alternative consultants using the TOPSIS method for Project A is second, Project B is first, Project C is third, Project D is fifth, Project E is sixth and Project E is fourth. Conclusion: The result indicated that project B with greater financial impact, an expected increase in sigma quality, expected percentage increase in productivity.

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Ahuja Dilip Khilumal, “Assessment of Six Sigma Selection Using TOPSIS Method”, REST Journal on Banking, Accounting and Business, 1(4), (2022):45-51.