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  • Suppliers Selection in Volume Discount Environments in the Presence of Both Cardinal and Ordinal Data

    Author(s)
    Saen, Reza Farzipoor
    Griffith University Author(s)
    Farzipoor Saen, Reza
    Year published
    2009
    Metadata
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    Abstract
    With the widespread use of manufacturing philosophies such as Just-In-Time (JIT), emphasis has shifted to the simultaneous consideration of cardinal and ordinal data in supplier selection process. Traditionally, many optimization models of supplier selection assume that the average prices of related expenditures are constant. This is far beyond the real situation. In fact, suppliers usually offer quantity discounts to encourage the buyers to order more. To select the best suppliers in volume discount environments in the presence of both cardinal and ordinal data, this paper proposes an innovative approach. A numerical ...
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    With the widespread use of manufacturing philosophies such as Just-In-Time (JIT), emphasis has shifted to the simultaneous consideration of cardinal and ordinal data in supplier selection process. Traditionally, many optimization models of supplier selection assume that the average prices of related expenditures are constant. This is far beyond the real situation. In fact, suppliers usually offer quantity discounts to encourage the buyers to order more. To select the best suppliers in volume discount environments in the presence of both cardinal and ordinal data, this paper proposes an innovative approach. A numerical example demonstrates the application of the proposed method.
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    Journal Title
    International Journal of Information Systems and Supply Chain Management
    Volume
    2
    Issue
    1
    Publisher URI
    http://www.igi-global.com/bookstore/Article.aspx?TitleId=2517
    Subject
    Commerce, Management, Tourism and Services not elsewhere classified
    Information Systems
    Publication URI
    http://hdl.handle.net/10072/34564
    Collection
    • Journal articles

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