9th Joint International Conference on Information Sciences (JCIS-06)

A Fuzzy Multiobjective Programming Approach for Vendor Selection in Iron & Steel Enterprise

Authors
Yuan Chen 0, Zhi-Ping Fan, Jun Lv, Jian-Yu Wang
Corresponding Author
Yuan Chen
0School of Business Administration, Northeastern University
Available Online October 2006.
DOI
https://doi.org/10.2991/jcis.2006.331How to use a DOI?
Keywords
Fuzzy multiobjective programming, Vendor selection, Iron & steel enterprise
Abstract
The purpose of this paper is to study vendor selection problem with multi-vendor and multi-item in iron & steel industry. Firstly, the native fuzziness, derived from some uncertainty information, of some parameters in decision-making objectives is analyzed. After that, a fuzzy multiobjective programming model is formulated, with procurement quantity as decision variable, minimizing the net cost, minimizing the quantity of raw materials rejected and delayed as fuzzy goals and buyer’s demand, buyer’s budget, buyer’s technical prescription, vendors’ supply elasticity, vendors’ capabilities as constraints. Furthermore, the fuzzy optimization problem formulation is transformed into an equivalent formulation for the purpose of optimization after the membership functions of the fuzzy objectives are known, which is then solved for procurement decision making. Finally, an example is used to illustrate the applicability of the proposed approach.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
9th Joint International Conference on Information Sciences (JCIS-06)
Part of series
Advances in Intelligent Systems Research
Publication Date
October 2006
ISBN
978-90-78677-01-7
DOI
https://doi.org/10.2991/jcis.2006.331How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yuan Chen
AU  - Zhi-Ping Fan
AU  - Jun Lv
AU  - Jian-Yu Wang
PY  - 2006/10
DA  - 2006/10
TI  - A Fuzzy Multiobjective Programming Approach for Vendor Selection in Iron & Steel Enterprise
BT  - 9th Joint International Conference on Information Sciences (JCIS-06)
PB  - Atlantis Press
UR  - https://doi.org/10.2991/jcis.2006.331
DO  - https://doi.org/10.2991/jcis.2006.331
ID  - Chen2006/10
ER  -