Supplier Selection Based on FAHP-VIKOR-IVIFs

Abstract:

As the most important part of supply chain management, supplier selection has always received a great deal of attention from practitioners and researchers. However, the nature of supplier selection is a complex multi-criteria decision making (MCDM) problem including many factors which may be in conflict. VIKOR is an efficient method to solve this kind of MCDM problem. But in reality, there usually exists incomplete and uncertain information, and the decision makers cannot easily express their judgments on the alternatives with exact and crisp values. Therefore, a new extended VIKOR method with interval-valued intuitionistic fuzzy sets (IVIF-VIKOR) is proposed in this paper. Then a hybrid MCDM method based on FAHP and the proposed IVIF-VIKOR are used to select supplier under incomplete and uncertain information environment. The feasibility and practicability of FAHP-IVIF-VIKOR method are further manifested through an empirical example.

• Periodical: Applied Mechanics and Materials (Volumes 357-360)
• Pages: 2703-2707
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.357-360.2703
• Online since: August 2013
• Authors: Hong Li Jiang, Hong Xing Yao
• Keywords: Extension of VIKOR, Fuzzy Analytic Hierarchy Process (FAHP), IVIFs, Multi-Criteria Decision Making, Supplier Selection

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