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2018 | 100 | 165-183
Article title

Fuzzy multi-objective supplier selection problem in a supply chain

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Abstracts
EN
The decision making of supplier selection and their allocation is one of the main concerns in supply chain management. In this paper, an attempt has been made to obtain an optimal allocation for supplier based on minimizing the net cost, minimizing the net rejections, and minimizing the net late deliveries subject to realistic constraints regarding buyer’s demand, vendors’ capacity, vendors’ quota flexibility, purchase value of items, budget allocation to individual vendor, etc. We convert the problem into single objective fuzzy goal programming problem by using weighted root power mean the method of aggregation with linear, exponential and hyperbolic membership functions. The comparison has been made by assigning different weights to the objective functions. A numerical illustration is provided for the verification of applicability of the approach.
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Volume
100
Pages
165-183
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References
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Document Type
article
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bwmeta1.element.psjd-80ef058a-0437-4235-99a7-ddc568541a54
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