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Selecting Location for Agro-Based Industry Using ELECTRE III Method

Selecting Location for Agro-Based Industry Using ELECTRE III Method
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Author(s): Seema Gupta Bhol (KIIT University (Deemed), India), Jnyana Ranjan Mohanty (KIIT University (Deemed), India), Proshikshya Mukherjee (KIIT University (Deemed), India)and Prasant Kumar Pattnaik (KIIT University (Deemed), India)
Copyright: 2020
Pages: 23
Source title: IoT and WSN Applications for Modern Agricultural Advancements: Emerging Research and Opportunities
Source Author(s)/Editor(s): Proshikshya Mukherjee (KIIT University (Deemed), India), Prasant Kumar Pattnaik (KIIT University (Deemed), India)and Surya Narayan Panda (Chitkara University, India)
DOI: 10.4018/978-1-5225-9004-0.ch007

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Abstract

The Indian economy is driven by its agricultural sector. Industries based on agricultural produce are important as they give a competitive market for the agricultural production. Mustard is one of the major cash crops selected for this chapter. Mustard oil is used as cooking medium as well as other purpose in Indian households. Selecting the best location for setting up a mustard mill can be considered as a multiple criteria decision-making problem (MCDM), and ELECTRE III method is used and explained in detail to rank different location options in increasing order of suitability.

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