Procurement process: Decision by exclusion and pairwise comparisons

Sg Mattar, Rj Macdonald and Eu Choo

Omega, 1992, vol. 20, issue 5-6, 705-712

Abstract: Two case studies illustrate multicriteria decision making techniques frequently used in procurement practice: least-cost sufficient performance and weighted utility optimization. Both techniques have defects and are rarely robust. Decision by exclusion and pairwise comparisons is proposed as a third approach which eliminates inferior alternatives by generalized forms of minimum performance requirements established under multicriteria framework. It is more robust and maintains high level of accountability.

Keywords: multicriteria; methodology; decision; process; tendering; case; study (search for similar items in EconPapers)
Date: 1992
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Citations: View citations in EconPapers (2)

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