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Risk Prioritization and Management in Gas Stations by using Fuzzy AHP and IPA Analysis

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Title Risk Prioritization and Management in Gas Stations by using Fuzzy AHP and IPA Analysis
 
Creator Mohsin, Muhammad
Zhan-ao, Wang
Shijun, Zhang
Weilun, Huang
Hengbin, Yin
 
Subject Analytic hierarchy process
Gasoline
Importance performance analysis
Quality function development
Risk administration
Risk ranking
 
Description 1107-1116
Gasoline industry is the main pillar of Pakistan’s economy and is of immense importance. This industry is confronted by
diverse risks which significantly affect its performance resulting in decreased economic contribution. On the other side,
published literature merely analyzes this industry and suggests directions to improve it. Thus, this study is a kickoff step in
this regard, and its purpose is to study the relationship between risk factors, importance, and performance of gasoline
industry, which is based on questionnaire data collected from three districts, viz., Gujranwala, Gujrat and Sialkot of Punjab,
Pakistan. In total, 159 completed questionnaires were collected having consistency ratio (CR) less than 0.1. Acquired stats
were investigated using the latest techniques of multi-criteria decision making routines, viz., fuzzy analytic hierarchy
process (Fuzzy AHP) and importance performance analysis (IPA) software Expert Choice 2000. Among the five main risk
types faced by gasoline industry, transportation / tanker unloading (importance, 0.467: rank, 1) was the most, whereas, the
least significant factor was miscellaneous category (importance, 0.049: rank, 5). Moreover, the most significant factor which
showed high importance with high performance was driving carelessness / accidents (importance, 0.278; performance,
3.32), high importance with low performance was uncontrolled vapor released (importance, 0.087; performance, 2.53), low
importance with low performance was fire / explosion (importance, 0.021; performance, 2.66) and low importance with high
performance was overfill / crossover (importance, 0.027; performance, 4.11). Thus, this work identifies, prioritizes and
highlights the areas where improvement is needed to encounter risk and increase quality function development of gas
stations.
 
Date 2021-12-27T10:23:20Z
2021-12-27T10:23:20Z
2021-12
 
Type Article
 
Identifier 0975-1084 (Online); 0022-4456 (Print)
http://nopr.niscair.res.in/handle/123456789/58735
 
Language en
 
Publisher NIScPR-CSIR, India
 
Source JSIR Vol.80(12) [December 2021]