A Fuzzy Logic Multi - Criteria Decision Approach for Vendor Selection Manufacturing System
نویسنده
چکیده
The success of an industry depends on optimization of product cost and for achieving above goal Internal selection should be efficient. In the present study an efficient Multi-Criteria Decision Making (MCDM) approach has been proposed for quality evaluation and performance appraisal in vendor selection. Vendor selection is a Multi-Criteria Decision Making (MCDM) problem influenced by several parameters which are in linguistic. Multiple.Performance criteria/attributes. These criteria attributes may be both qualitative as well as quantitative. Qualitative criteria estimates are generally based on previous experience and perfomanance maker’s opinion on suitability. Therefore to quantity the linguistic variables fuzzy logic and set theory is used. The fuzzy set theory helps in vagueness of the system. a fuzzy decision approach is developed where are resourcing of vendors to select suitable vendor for materials is made MCDM method has been illustrated in this reporting through a case study.
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