SUPPLIER SELECTION IN AN INDUSTRY OF SHORT LIFECYCLE PRODUCTS USING BAYESIAN NETWORK ANALYSIS

This study presented an innovative Bayesian Network (BN) modelling andsimulation for supplier selection problem of actual electronic parts manufacturing firm Pakistan.The list qualitative and quantitative factors which affect this decision wasextracted from a variety studies in literature. The was modelled solved respectiveBN software platform using the standard recommended procedure. Results showed that ―Quality‖ ―Costs‖ were most crucial Short Life Cycle(SLP) products industry underinvestigation. alternative strong these factors, had emerged as suitable option. results found to be beneficial other SLP industries Pakistan too.