A fuzzy programming approach for vendor selection problem in a supply chain

Vendor selection problem (VSP) has been treated in this paper as a “fuzzy Multi-objective Integer Programming Vendor Selection Problem” (f-MIP_VSP) formulation that incorporates the three important goals: cost-minimization, quality-maximization and maximization of on-time-delivery-with the realistic...

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Vydané v:International journal of production economics Ročník 101; číslo 2; s. 273 - 285
Hlavní autori: Kumar, Manoj, Vrat, Prem, Shankar, Ravi
Médium: Journal Article
Jazyk:English
Vydavateľské údaje: Amsterdam Elsevier B.V 01.06.2006
Elsevier
Elsevier Sequoia S.A
Edícia:International Journal of Production Economics
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ISSN:0925-5273, 1873-7579
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Shrnutí:Vendor selection problem (VSP) has been treated in this paper as a “fuzzy Multi-objective Integer Programming Vendor Selection Problem” (f-MIP_VSP) formulation that incorporates the three important goals: cost-minimization, quality-maximization and maximization of on-time-delivery-with the realistic constraints such as meeting the buyers’ demand, vendors’ capacity, vendors’ quota flexibility, etc. In the proposed model, various input parameters have been treated as vague with a linear membership function of fuzzy type. It is tested on a data set adopted from a case company. The approach provides a decision tool that facilitates the vendor selection and their quota allocation under different degrees of information vagueness in the decision parameters of a supply chain modeling.
Bibliografia:SourceType-Scholarly Journals-1
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content type line 14
ISSN:0925-5273
1873-7579
DOI:10.1016/j.ijpe.2005.01.005