A Multicriteria Decision Model for Supplier Selection in a Food Industry Based on FITradeoff Method

Eduarda Asfora Frej, Lucia Reis Peixoto Roselli, Jônatas Araújo de Almeida and Adiel Teixeira de Almeida

Mathematical Problems in Engineering, 2017, vol. 2017, 1-9

Abstract:

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.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:4541914

DOI: 10.1155/2017/4541914

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