An optimal grey based approach based on TOPSIS concepts for supplier selection problem
Supplier selection is a multi-attribute decision making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict with each other. Since most of the input information is not known accurately, selecting the right suppliers becomes more difficult. Grey theory...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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World Academic Press, World Academic Union
2009
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| Online Access: | http://psasir.upm.edu.my/id/eprint/13052/ http://psasir.upm.edu.my/id/eprint/13052/1/An%20optimal%20grey%20based%20approach%20based%20on%20TOPSIS%20concepts%20for%20supplier%20selection%20problem.pdf |
| _version_ | 1848842006154969088 |
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| author | Jadidi, Omid Tang, Sai Hong Firouzi, Fatemeh Mohd Yusuff, Rosnah |
| author_facet | Jadidi, Omid Tang, Sai Hong Firouzi, Fatemeh Mohd Yusuff, Rosnah |
| author_sort | Jadidi, Omid |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Supplier selection is a multi-attribute decision making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict with each other. Since most of the input information is not known accurately, selecting the right suppliers becomes more difficult. Grey theory is one of the new mathematical methods used to analyze systems with uncertain and incomplete information. In this article, we firstly described two previous grey based methods and then, we proposed a new method based on TOPSIS concepts in grey theory to deal with the problem of selecting suppliers. The new method calculates the weighted connection between each of the alternatives sequence and the positive and negative referential sequence to compare the ranking of grey numbers and select the most desirable supplier. Through this article, it is demonstrated that the new method is a good means of evaluation, and it is also more optimal than the two methods. |
| first_indexed | 2025-11-15T07:52:16Z |
| format | Article |
| id | upm-13052 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T07:52:16Z |
| publishDate | 2009 |
| publisher | World Academic Press, World Academic Union |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-130522016-01-26T01:52:06Z http://psasir.upm.edu.my/id/eprint/13052/ An optimal grey based approach based on TOPSIS concepts for supplier selection problem Jadidi, Omid Tang, Sai Hong Firouzi, Fatemeh Mohd Yusuff, Rosnah Supplier selection is a multi-attribute decision making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict with each other. Since most of the input information is not known accurately, selecting the right suppliers becomes more difficult. Grey theory is one of the new mathematical methods used to analyze systems with uncertain and incomplete information. In this article, we firstly described two previous grey based methods and then, we proposed a new method based on TOPSIS concepts in grey theory to deal with the problem of selecting suppliers. The new method calculates the weighted connection between each of the alternatives sequence and the positive and negative referential sequence to compare the ranking of grey numbers and select the most desirable supplier. Through this article, it is demonstrated that the new method is a good means of evaluation, and it is also more optimal than the two methods. World Academic Press, World Academic Union 2009 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/13052/1/An%20optimal%20grey%20based%20approach%20based%20on%20TOPSIS%20concepts%20for%20supplier%20selection%20problem.pdf Jadidi, Omid and Tang, Sai Hong and Firouzi, Fatemeh and Mohd Yusuff, Rosnah (2009) An optimal grey based approach based on TOPSIS concepts for supplier selection problem. International Journal of Management Science and Engineering Management, 4 (2). pp. 104-117. ISSN 1750-9653; ESSN: 1750-9661 http://www.tandfonline.com/doi/abs/10.1080/17509653.2009.10671066 10.1080/17509653.2009.10671066 |
| spellingShingle | Jadidi, Omid Tang, Sai Hong Firouzi, Fatemeh Mohd Yusuff, Rosnah An optimal grey based approach based on TOPSIS concepts for supplier selection problem |
| title | An optimal grey based approach based on TOPSIS concepts for supplier selection problem |
| title_full | An optimal grey based approach based on TOPSIS concepts for supplier selection problem |
| title_fullStr | An optimal grey based approach based on TOPSIS concepts for supplier selection problem |
| title_full_unstemmed | An optimal grey based approach based on TOPSIS concepts for supplier selection problem |
| title_short | An optimal grey based approach based on TOPSIS concepts for supplier selection problem |
| title_sort | optimal grey based approach based on topsis concepts for supplier selection problem |
| url | http://psasir.upm.edu.my/id/eprint/13052/ http://psasir.upm.edu.my/id/eprint/13052/ http://psasir.upm.edu.my/id/eprint/13052/ http://psasir.upm.edu.my/id/eprint/13052/1/An%20optimal%20grey%20based%20approach%20based%20on%20TOPSIS%20concepts%20for%20supplier%20selection%20problem.pdf |