Vendor selection and supply quotas determination by using the analytic hierarchy process and a new multi-objective programming method

Tunjo Peric (), Zoran Babic and Emina Resic
Additional contact information
Tunjo Peric: University of Zagreb - Faculty of Economics and Business, Zagreb, Croatia
Zoran Babic: Faculty of Economics, University of Split, Split, Croatia
Emina Resic: School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina

Interdisciplinary Description of Complex Systems - scientific journal, 2017, vol. 15, issue 1, 89-103

Abstract: In this article, we propose a new methodology for solving the vendor selection and the supply quotas determination problem. The proposed methodology combines the Analytic Hierarchy Process (AHP) for determining the coefficients of the objective functions and a new multiple objective programming method based on the cooperative game theory for vendor selection and supply quotas determination. The proposed methodology is tested on the problem of flour purchase by a company that manufactures bakery products. For vendor selection and supply quotas determination we use three complex criteria: (1) purchasing costs, (2) product quality, and (3) vendor reliability.

Keywords: analytic hierarchy process; multi-objective programming methods; vendor selection (search for similar items in EconPapers)
JEL-codes: C61 M11 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://indecs.eu/2017/indecs2017-pp89-103.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zna:indecs:v:15:y:2017:i:1:p:89-103

Access Statistics for this article

More articles in Interdisciplinary Description of Complex Systems - scientific journal from Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu
Bibliographic data for series maintained by Josip Stepanic ().