Work

Fuzzy Decision Tree Approach for Optimal Supplier Base

Year: 2013

Type: article

Abstract: Minimizing supplier base allows better supplier relationship management, but any supplier failure will interrupt the supplies chain. Earth quake in Fukushima, Japan and flood in Bangkok, Thailand, caused supply chain breakdown and affect the global production. Decision tree method is recommended to determine optimal number of supplier in supplier base with the risk of supplier failure. This paper presented an approach to integrate fuzzy logic in decision tree approach by rating the supplier risk in linguistic terms for imperfect environment. Numerical example and sensitivity are carried out and presented, and optimal supplier base was identified.

Source: Applied Mechanics and Materials

DOI: 10.4028/www.scientific.net/amm.315.283

Authors: Hock Kheng Sim, Zhi Xin Wong

Institution: Multimedia University

Language: English

Topic: Multi-Criteria Decision Making

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: hybrid

OpenAlex ID: W1977600064

FWCI:

Cites: 14

Cited by:

Related to: 10