A heuristic method for supplier selection using AHP, entropy and TOPSIS

Autor:	Manas Ranjan Pani, Rakesh Verma, Gadadhar Sahoo
Rok vydání:	2012
Předmět:	Decision support system Production planning Operations research Analytical hierarchy Analytic hierarchy process Entropy (information theory) TOPSIS Operations management Business Multiple-criteria decision analysis General Business Management and Accounting Purchasing
Zdroj:	International Journal of Procurement Management. 5:784
ISSN:	1753-8440 1753-8432
DOI:	10.1504/ijpm.2012.049715
Popis:	Purchasing is the primary point of contact with most supply-chain partners and thus among the most important activities. The decisions taken at the purchasing stage has a great impact on the overall supply-chain and production planning processes and on the overall performance of the firm. Thus, studies in decision support can have a huge positive impact in the processes in procurement. In this paper, we apply a proposed heuristic method (AET) as a combination of AHP (analytical hierarchy procedure), entropy, and technique for order preference by similarity to an ideal solution (TOPSIS) to select the best supplier. Finally a hypothetical case has been used to demonstrate the concept while choosing a supplier using the proposed AET model.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::fe794554f777fb5ff90cff87b53fcbaa https://doi.org/10.1504/ijpm.2012.049715 Zobrazit plný text záznamu