Cross evaluation grey correlation decision model and its application in supplier selection

Author

Wang Jiefang

Author_Institution

Manage. & Econ. Dept., North China Univ. of Water Resource & Electr. Power, Zhengzhou, China

fYear

2013

fDate

15-17 Nov. 2013

Firstpage

20

Lastpage

22

Abstract

This paper presents the cross evaluation grey incidence decision-making method under uncertain weights when decision makers have subjective preference. The model is applied in supplier selection decision. The results show that the subjective preferences of decision makers and the attribute values (objective preference) can be considered rationally and effectively in the model, and the model has high application level.

Keywords

correlation methods; decision making; decision theory; grey systems; supply chain management; attribute values; cross evaluation grey correlation decision model; cross evaluation grey incidence decision-making method; objective preference; subjective preference; supplier selection decision; uncertain weights; Correlation; Correlation coefficient; Decision making; Educational institutions; Power systems; Vectors; Water resources; Cross evaluation; grey relation decision model; supplier selection;

fLanguage

English

Publisher

ieee

Conference_Titel

Grey Systems and Intelligent Services, 2013 IEEE International Conference on

Conference_Location

Macao

ISSN

2166-9430

Print_ISBN

978-1-4673-5247-5

Type

conf

DOI

10.1109/GSIS.2013.6714731

Filename

6714731