A multicriteria decision model for supplier selection in a food industry based on fitradeoff method
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.
scientific article; zbMATH DE number 6972110