A Multiple Attribute Group Decision-making Model for Selecting the Best Supplier
Published: 2015
Author(s) Name: Mohammad Azadfallah |
Author(s) Affiliation: Researcher, Business Studies and Development Office, Saipa Yada, Islamic Republic of Iran
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Abstract
In the current literature, supplier selection is an
important Multi Attribute Group Decision Making (MAGDM) problem which heavily contributes to the overall supply chain performance. Several solutions for the above problem are proposed. In this paper, TOPSIS and Bordas function approach, which is one of these methods, is discussed. So that, in the present model, first TOPSIS is used to find the individual preference ordering. Then, Bordas function is used to find the collective preference orderings. Finally, a simple example is provided in order to demonstrate its applicability and effectiveness of the proposed method.
Keywords: MAGDM, Topsis, Bordas Function, Supplier Selection Problem
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