DocumentCode :
2516622
Title :
GRA-based TOPSIS decision-making approach to supplier selection with interval number
Author :
Peng, Anhua ; Wang, Zhiming
Author_Institution :
Eng. Training Center, Huaihai Inst. of Technol., Lianyungang, China
fYear :
2011
fDate :
23-25 May 2011
Firstpage :
1742
Lastpage :
1747
Abstract :
During recent years, how to determine suitable suppliers in the supply chain has become a key strategic consideration. However, the nature of supplier selection is a complex multi-criteria problem including both quantitative and qualitative factors which may be in conflict and may also be uncertain. The GRA(grey relational analysis)-based TOPSIS(technique for order preference by similarity to an ideal solution) decision-making approach, in combination with the advantages of both GRA and TOPSIS, was developed to solve multiple criteria decision making(MCDM) in fuzzy environment where attributes weights and ratings were expressed in interval numbers. A numerical example is proposed to illustrate an application of the proposed model. Finally, the direction for further research was pointed out.
Keywords :
decision making; grey systems; operations research; supply chain management; TOPSIS decision-making approach; complex multicriteria problem; grey relational analysis; interval number; multiple criteria decision making; supplier selection; supply chain; technique for order preference by similarity to an ideal solution; Approximation methods; Bismuth; Companies; Data preprocessing; Decision making; Shape; Supply chains; GRA; Interval numbers; Spplier selection; TOPSIS;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Control and Decision Conference (CCDC), 2011 Chinese
Conference_Location :
Mianyang
Print_ISBN :
978-1-4244-8737-0
Type :
conf
DOI :
10.1109/CCDC.2011.5968478
Filename :
5968478
Link To Document :
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