An Inner Dependence Analysis Dynamic Decision-Making Framework
Yun-Ning Liu and
Hsin-Hung Wu
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Yun-Ning Liu: Department of Computer Science and Information Engineering, National Dong Hwa University, No. 1, Sec. 2, Da Hsueh Rd., Shoufeng, Hulien City 974301, Taiwan
Hsin-Hung Wu: Department of Business Administration, National Changhua University of Education, No. 2, Shida Rd., Changhua 50074, Taiwan
Sustainability, 2022, vol. 14, issue 10, 1-13
Abstract:
During the last decade, with the rapid development of information technology, the immense volume of data poses a challenge to decision-makers. We use a combined dynamic decision-making approach based on the analytic hierarchy process (AHP) to select the best supplier. In this paper, we discuss the interaction between criteria that can lead to expanding our proposed dynamic framework to consider the inner dependencies among criteria. The main contributions are: (1) identifying the most important criteria of supplier selection in a steel bar manufacturer in Taiwan; (2) proposing a simple and rapid analysis of the appropriate supplier selection evaluation framework; and (3) using the AHP and transformation matrix to present the inner dependence among the criteria.
Keywords: dynamic AHP; inner dependency; pair-wise comparisons; multi-criteria (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:10:p:5968-:d:815684
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