Title :
Improved VIKOR Algorithm Based on AHP and Shannon Entropy in the Selection of Thermal Power Enterprise´s Coal Suppliers
Author :
Lihong, Ma ; Yanping, Zhang ; Zhiwei, Zhao
Author_Institution :
Coll. of Econ. & Manage., Hebei Univ. of Sci. & Technol., Shijiazhuang
Abstract :
In order to select the thermal power enterprisepsilas coal suppliers properly, certain attributes of the suppliers should be carefully analysis. Supplier selection is a multi criteria problem which multi attributions of the suppliers should be considered. We models supplier evaluation problem as an MCDM problem. The VIKOR method was developed for multi-criteria optimization of complex systems. So the improved VIKOR algorithm used to evaluate the thermal power enterprisepsilas coal supplier was proposed. The weight was used to estimate the effect of the evaluated index on the evaluated subject. In order to avoid objective influencing factors, the weight was determined by using Shannon Entropy combined Analytic Hierarchy Process. A study shows that the evaluation was more objective, scientific and rational.
Keywords :
coal; decision making; electricity supply industry; entropy; operations research; thermal power stations; AHP; MCDM problem; Shannon entropy; VIKOR algorithm; analytic hierarchy process; multicriteria problem; supplier evaluation problem; supplier selection; thermal power enterprise coal suppliers; Educational institutions; Entropy; Fuel economy; Innovation management; Power generation; Power generation economics; Power supplies; Supply chain management; Thermal engineering; Thermal management; AHP; Shannon Entropy; VIKOR; thermal power;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering, 2008. ICIII '08. International Conference on
Conference_Location :
Taipei
Print_ISBN :
978-0-7695-3435-0
DOI :
10.1109/ICIII.2008.29