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ABC Classification of Risk Factors in Production Supply Chains with Uncertain Data
Joint Authors
Vujović, Aleksandar
Đorđević, Aleksandar
Gojković, Ranka
Borota, Milan
Source
Mathematical Problems in Engineering
Issue
Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2017-08-28
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
The problem of classification of risk factors in an uncertain environment is part of the risk management problem, which has a critical effect on the competitive advantage of production supply chain.
The severities of consequences, their relative importance, and the frequency of occurrence of risk factors are defined by risk management team, depending on their experience and the results of good practice.
Fuzzy rating of the severities of consequences and the frequency of occurrence of risk factors are described by linguistic expressions, which are modeled by triangular fuzzy numbers.
The risk values, obtained by the materialization of the identified risk factors, are given precisely with the usage of fuzzy algebra rules.
The classification criterion is defined as the distance between current risk value and extreme risk values.
The proposed model enables determination of the priorities of risk factors.
It is illustrated by an example with real-life data from a production supply chain in auto industry.
American Psychological Association (APA)
Vujović, Aleksandar& Đorđević, Aleksandar& Gojković, Ranka& Borota, Milan. 2017. ABC Classification of Risk Factors in Production Supply Chains with Uncertain Data. Mathematical Problems in Engineering،Vol. 2017, no. 2017, pp.1-11.
https://search.emarefa.net/detail/BIM-1190552
Modern Language Association (MLA)
Vujović, Aleksandar…[et al.]. ABC Classification of Risk Factors in Production Supply Chains with Uncertain Data. Mathematical Problems in Engineering No. 2017 (2017), pp.1-11.
https://search.emarefa.net/detail/BIM-1190552
American Medical Association (AMA)
Vujović, Aleksandar& Đorđević, Aleksandar& Gojković, Ranka& Borota, Milan. ABC Classification of Risk Factors in Production Supply Chains with Uncertain Data. Mathematical Problems in Engineering. 2017. Vol. 2017, no. 2017, pp.1-11.
https://search.emarefa.net/detail/BIM-1190552
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1190552