The week's pick
Reseach Article
A Fuzzy Mathematical Model for Multi Criteria Group Decision making-An Application in Supply Chain Management
| International Journal of Computer Applications |
| Foundation of Computer Science (FCS), NY, USA |
| Volume 54 - Number 7 |
| Year of Publication: 2012 |
| Authors: A. Uma Maheswari, P. Kumari |
10.5120/8576-2314
|
A. Uma Maheswari, P. Kumari . A Fuzzy Mathematical Model for Multi Criteria Group Decision making-An Application in Supply Chain Management. International Journal of Computer Applications. 54, 7 ( September 2012), 5-10. DOI=10.5120/8576-2314
Abstract
This paper presents a Fuzzy Multi-Criteria Group Decision analysis approach for selecting supplier in a supply chain management. Supplier selection has attained supreme importance for companies in the current scenario because of increasing global competition. Proper selection of suppliers plays a crucial role on the overall performance of the company. The number of available alternatives in the current market is on a rise and hence it becomes difficult to select a supplier from a large lot. An attempt has been made to develop a new composite model using the Fuzzy method based on Schwartz Sequential Dropping method. Finally, an example based on a case study is given to demonstrate the procedure of the proposed methodology.
References
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