A Multicriteria Decision Model for Supplier Selection in a Food Industry Based on FITradeoff Method

This article puts forward a decision model for solving a supplier selection problem in a food industry by considering multiple objectives that influence the decision-making process. In times of increasing competitiveness, companies strive hard to improve their profitability, and selection of supply...

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Bibliographic Details
Published in:Mathematical problems in engineering 2017-01, Vol.2017 (2017), p.1-9
Main Authors: de Almeida, Adiel Teixeira, Araújo de Almeida, Jônatas, Roselli, Lucia Reis Peixoto, Frej, Eduarda Asfora
Format: Article
Language:English
Subjects:
Component and supplier management
Decision making
Decision support systems
Food processing industry
Goal programming
Mathematical problems
Profitability
Suppliers
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Summary:This article puts forward a decision model for solving a supplier selection problem in a food industry by considering multiple objectives that influence the decision-making process. In times of increasing competitiveness, companies strive hard to improve their profitability, and selection of supply sources may help if an appropriate decision is made through a well-structured decision-making process. Preference modeling is conducted in a flexible and interactive elicitation manner with the decision-maker (DM), aided by FITradeoff method. Partial information is gathered about the DM’s preferences in such a way that less effort is spent on finding a final solution for the problem.
ISSN:1024-123X
1563-5147
DOI:10.1155/2017/4541914