ANP APPLICATION: RISK MANAGEMENT IN PRODUCTION OPERATIONS

This academic paper presents results of research conducted in 2012 in a production business in south Poland where the Analytic Network Process (ANP) method was applied. The objective of the research was to establish the level of risk for selected factors resulting from higher production output of the business in focus. Moreover, selection of the decision-making variant burdened by the lowest risk priority for the achievement of goals set comprised an important research criterion. The application of ANP facilitated a comprehensive approach to the issue in focus. The overriding goal was to demonstrate the efficacy of the method in solving multi-criteria decision problems, especially those which require risk analysis.