A MULTI-CRITERIA GROUP DECISIONMAKING MODEL FOR SUPPLIER RATING

SUMMARY An important problem in decision analysis is the evaluation of the difference between two or more different rankings for a set of alternatives. A novel model based on the aggregation technique for combining group member's preferences into one consensus ranking is suggested in this article. The model developed may be used to develop consensus and evolve ranking of alternatives. The application of the model is demonstrated through a case for supplier rating. The advantages of the proposed approach are also highlighted.

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