• 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