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Evaluation of cost-effectiveness criteria in supply chain management : case study

Reza Rostamzadeh, Mahdi Sabaghi and Ahmad Esmaili

Article (2013)

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Abstract

The aim of this paper is to evaluate and prioritize the proposed cost-effectiveness criteria in supply chain management using fuzzy multiple attribute decision-making (MADM) approach. Over the past few years, the determination of suitable cost-effectiveness criteria in the supply chain has become a key strategic issue. However, the nature of these kinds of decisions is usually complex and unstructured. Many quantitative and qualitative factors must be considered to determine the suitable criteria. As the human decision-making process usually contains fuzziness and vagueness, a hierarchy of MADM model based on fuzzy-sets theory is used in this research. Using a fuzzy analytic hierarchy process (FAHP), the weights of criteria and subcriteria are determined and then the final ranking is determined by technique for order preference by similarity to ideal solution (TOPSIS). Finally, fuzzy TOPSIS (FTOPSIS) is employed to compare the results with classic TOPSIS. This paper concludes that the subcriteria in all the items are in the same rank.

Subjects: 1600 Industrial engineering > 1600 Industrial engineering
1600 Industrial engineering > 1606 Operations management
2100 Mechanical engineering > 2100 Mechanical engineering
Department: Department of Mechanical Engineering
PolyPublie URL: https://publications.polymtl.ca/3638/
Journal Title: Advances in Decision Sciences (vol. 2013)
Publisher: Hindawi
DOI: 10.1155/2013/873534
Official URL: https://doi.org/10.1155/2013/873534
Date Deposited: 30 Apr 2019 12:09
Last Modified: 05 Apr 2024 21:08
Cite in APA 7: Rostamzadeh, R., Sabaghi, M., & Esmaili, A. (2013). Evaluation of cost-effectiveness criteria in supply chain management : case study. Advances in Decision Sciences, 2013, 1-11. https://doi.org/10.1155/2013/873534

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