Lean Supplier Selection based on Hybrid MCGDM Approach using Interval Valued Neutrosophic Sets: A Case Study

In any manufacturing industry 60% - 70% of total cost of product pertains raw materials cost. Therefore selection of raw material supplier is very significant factor to improve quality of product as well as reducing total cost. Supplier selection considers various factors and numerous alternatives. However it is conflicting multi criteria decision making problem having various choices. The proposed multi criteria group decision making problem paves selection of best supplier among available. Linguistic variable associate with Interval Valued Neutrosophic Sets (IVNS) are used to derive criteria weights with aid of Analytical Hierarchy Process (AHP). Technique for Order Preference Similar to Ideal Solution (TOPSIS) ranks best supplier, Functions of IVNS distances and similarity measures performed in the present work.

[1]  Ridvan Sahin,et al.  Multi-criteria neutrosophic decision making method based on score and accuracy functions under neutrosophic environment , 2014, ArXiv.

[2]  Florentin Smarandache,et al.  Neutrosophic set - a generalization of the intuitionistic fuzzy set , 2004, 2006 IEEE International Conference on Granular Computing.

[3]  Drakoulis Martakos,et al.  Supplier selection in electronic marketplaces using satisficing and fuzzy AHP , 2010, Expert Syst. Appl..

[4]  Richard Bellman,et al.  Decision-making in fuzzy environment , 2012 .

[5]  Morteza Yazdani,et al.  An integrated MCDM approach to green supplier selection , 2014 .

[6]  Ajit Pal Singh,et al.  Supplier Selection Using MCDM Method in TV Manufacturing Organization , 2012 .

[7]  Masoud Rahiminezhad Galankashi,et al.  Supplier Selection: A Fuzzy-ANP Approach , 2014, ITQM.

[8]  S. Greenblatt.  VII , 1856, Critical Inquiry.

[9]  Yanqing Zhang,et al.  Interval Neutrosophic Sets and Logic: Theory and Applications in Computing , 2005, ArXiv.

[10]  Jian Guo.  Hybrid Multicriteria Group Decision Making Method for Information System Project Selection Based on Intuitionistic Fuzzy Theory , 2013 .

[11]  Haleh Hassan,et al.  Supplier Selection and Evaluation by Fuzzy Multi-Criteria Decision Making Methodology , 2011 .

[12]  Jun Ye,et al.  Multicriteria decision-making method using the correlation coefficient under single-valued neutrosophic environment , 2013, Int. J. Gen. Syst..

[13]  Jun Ye,et al.  A multicriteria decision-making method using aggregation operators for simplified neutrosophic sets , 2014, J. Intell. Fuzzy Syst..

[14]  Huan Neng Chiu,et al.  Vendor selection by integrated fuzzy MCDM techniques with independent and interdependent relationships , 2008, Inf. Sci..

[15]  Nasa Contractor,et al.  DECISION-MAKING IN A FUZZY ENVIRONMENT , 1970 .

[16]  Rajshekhar Sunderraman,et al.  Single Valued Neutrosophic Sets , 2010 .

[17]  Prasenjit Chatterjee,et al.  SUPPLIER SELECTION USING COMPROMISE RANKING AND OUTRANKING METHODS , 2011 .

[18]  Kambiz Shahroodi,et al.  Application of Analytical Hierarchy Process (AHP) Technique to Evaluate and Selecting Suppliers in an Effective Supply Chain , 2012 .

[19]  K. Atanassov.  Operators over interval valued intuitionistic fuzzy sets , 1994 .