Journal Paper

Paper Information

Journal: JOURNAL OF OPERATIONAL RESEARCH AND ITS APPLICATIONS (JOURNAL OF APPLIED MATHEMATICS) | Year:1396 | Volume:14 | Issue:4 (55) | Start Page:45 | End Page:65

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Information Journal Paper

Title

PROVIDING AN INTEGRATED MODEL TO EVALUATE AND SELECT SUPPLIERS BASED ON THE CRITERION LOSS AND THE PREFERENTIAL STRUCTURE OF THE DECISION-MAKER

Pages

 Start Page 45 | End Page 65

Keywords

ANALYTICAL HIERARCHY PROCESS (AHP)Q2
MULTI-CHOICE GOAL PROGRAMMING (MCGP)Q1

Abstract

 Selecting the right suppliers is one of the most important decision-making problems to achieve competitive advantage in the supply chain of every company and organization. In order to achieve these goals, the decision-makers (DMs) should apply the best method and accurate criteria for analyzing and solving SUPPLIER SELECTION problems. Meanwhile, due to their flexibility, the use of hybrid models has always been welcomed. The present paper employs the integrated analytical hierarchy process (AHP) technique, TAGUCHI LOSS FUNCTION, and multi-choice goal programming (MCGP) with UTILITY FUNCTIONs to evaluate and select the best supplier. The proposed model will enable the decision-maker to choose the appropriate supplier (s) based on the lowest loss and the highest level of utility to achieve the most suitable policy for his goals.

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