A selection of material using a novel type decision-making method: Preference selection index method

The aim of the current study is to implement a novel tool to help the decision-maker for selection of a proper material that will meet all the requirements of the design engineers. Preference selection index (PSI) method is a novel tool to select best alternative from given alternatives without deciding relative importance between attributes. In the present study, three different types of material selection problems are examined. A validation and consistency test of preference selection index method is performed in present work by comparing results of PSI method with published results of graph theory and matrix approach (GTMA), and technique for order preference by similarity to ideal solution (TOPSIS) method, respectively. The research has concluded that the PSI method is logical and more appropriate for the material selection problems.