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Novel Distance Measure in Fuzzy TOPSIS for Supply Chain Strategy Based Supplier Selection
Joint Authors
Pardha Saradhi, B.
Suryanarayana, Ch.
Rao, P. Phani Bushan
Source
Mathematical Problems in Engineering
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-17, 17 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-03-14
Country of Publication
Egypt
No. of Pages
17
Main Subjects
Abstract EN
In today’s highly competitive environment, organizations need to evaluate and select suppliers based on their manufacturing strategy.
Identification of supply chain strategy of the organization, determination of decision criteria, and methods of supplier selection are appearing to be the most important components in research area in the field of supply chain management.
In this paper, evaluation of suppliers is done based on the balanced scorecard framework using new distance measure in fuzzy TOPSIS by considering the supply chain strategy of the manufacturing organization.
To take care of vagueness in decision making, trapezoidal fuzzy number is assumed for pairwise comparisons to determine relative weights of perspectives and criteria of supplier selection.
Also, linguistic variables specified in terms of trapezoidal fuzzy number are considered for the payoff values of criteria of the suppliers.
These fuzzy numbers satisfied the Jensen based inequality.
A detailed application of the proposed methodology is illustrated.
American Psychological Association (APA)
Pardha Saradhi, B.& Rao, P. Phani Bushan& Suryanarayana, Ch.. 2016. Novel Distance Measure in Fuzzy TOPSIS for Supply Chain Strategy Based Supplier Selection. Mathematical Problems in Engineering،Vol. 2016, no. 2016, pp.1-17.
https://search.emarefa.net/detail/BIM-1112535
Modern Language Association (MLA)
Pardha Saradhi, B.…[et al.]. Novel Distance Measure in Fuzzy TOPSIS for Supply Chain Strategy Based Supplier Selection. Mathematical Problems in Engineering No. 2016 (2016), pp.1-17.
https://search.emarefa.net/detail/BIM-1112535
American Medical Association (AMA)
Pardha Saradhi, B.& Rao, P. Phani Bushan& Suryanarayana, Ch.. Novel Distance Measure in Fuzzy TOPSIS for Supply Chain Strategy Based Supplier Selection. Mathematical Problems in Engineering. 2016. Vol. 2016, no. 2016, pp.1-17.
https://search.emarefa.net/detail/BIM-1112535
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1112535