Skip to main content

Suitable Aggregation Operator for a Realistic Supplier Selection Model Based on Risk Preference of Decision Maker

  • Conference paper
  • First Online:
Modeling Decisions for Artificial Intelligence (MDAI 2016)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 9880))

Abstract

In this paper, we propose (a) the realistic models for Supplier Selection and Order Allocation (SSOA) problem under fuzzy demand and volume/quantity discount constraints, and (b) how to select the suitable aggregation operator based on risk preference of the decision makers (DMs). The aggregation operators under consideration are additive, maximin, and augmented operators while the risk preferences are classified as risk-averse, risk-taking, and risk-neutral ones. The fitness of aggregation operators and risk preferences of DMs is determined by statistical analysis. The analysis shows that the additive, maximin, and augmented aggregation operators are consistently suitable for risk-taking, risk-averse, and risk-neutral DMs, respectively.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Ghodsypour, S.H., OBrien, C.: The total cost of logistics in supplier selection, under conditions of multiple sourcing multiple criteria and capacity constraint. Int. J. Prod. Econ. 73, 15–27 (2001)

    Article  Google Scholar 

  2. Dickson, G.W.: An analysis of vendor selection systems and decisions. J. Purchasing 2, 5–17 (1966)

    Google Scholar 

  3. Zadeh, L.A.: Fuzzy sets. Inf. Control 8, 338–353 (1965)

    Article  MathSciNet  MATH  Google Scholar 

  4. Ho, W., Xu, W., Dey, P.K.: Multi-criteria decision making approaches for supplier evaluation and selection: a literature review. Eur. J. Oper. Res. 202, 16–24 (2010)

    Article  MATH  Google Scholar 

  5. Wind, Y., Robinson, P.J.: The determinants of vendor selection: evaluation function approach. J. Purchasing Mater. Manag., 29–41 (1968)

    Google Scholar 

  6. Narisimhan, R.: An analytic approach to supplier selection. J. Purchasing Supply Manag. 1, 27–32 (1983)

    Google Scholar 

  7. Amid, A., Ghodsypour, S.H., OBrien, C.: A weighted additive fuzzy multiobjective model for supplier selection in a supply chain under price breaks. Int. J. Prod. Econ. 121, 323–332 (2009)

    Article  Google Scholar 

  8. Amid, A., Ghodsypour, S.H., OBrien, C.: A weighted max-min model for fuzzy multi-objective supplier selection in a supply chain. Int. J. Prod. Econ. 131, 145–189 (2011)

    Article  Google Scholar 

  9. Feyzan, A.: A fuzzy solution approach for multi objective supplier selection. Expert Syst. Appl. 40, 947–952 (2013)

    Article  Google Scholar 

  10. Xia, W., Wu, Z.: Supplier selection with multiple criteria in volume discount environments. Omega Int. J. Manag. Sci. 35, 494–504 (2007)

    Article  Google Scholar 

  11. Wang, T.Y., Yang, Y.H.: A fuzzy supplier selection in quantity discount environment. Expert Syst. Appl. 36, 12179–12187 (2009)

    Article  Google Scholar 

  12. Suprasongsin, S., Yenradee, P.: Supplier selection with multi criteria and multi products in volume discount and quantity discount environments. In: International Conference Image Processing, Computers and Industrial Engineering, Kuala Lumpur, Malaysia, 15–16 January, pp. 18–22 (2014)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Sirin Suprasongsin .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2016 Springer International Publishing Switzerland

About this paper

Cite this paper

Suprasongsin, S., Yenradee, P., Huynh, V.N. (2016). Suitable Aggregation Operator for a Realistic Supplier Selection Model Based on Risk Preference of Decision Maker. In: Torra, V., Narukawa, Y., Navarro-Arribas, G., Yañez, C. (eds) Modeling Decisions for Artificial Intelligence. MDAI 2016. Lecture Notes in Computer Science(), vol 9880. Springer, Cham. https://doi.org/10.1007/978-3-319-45656-0_6

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-45656-0_6

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-45655-3

  • Online ISBN: 978-3-319-45656-0

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics