A distance-based decision-making method to improve multiple criteria ABC inventory classification

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journal

11 Scopus Citations
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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)969-978
Journal / PublicationInternational Transactions in Operational Research
Volume23
Issue number5
Online published30 Jul 2015
Publication statusPublished - Sep 2016

Abstract

The present paper extends the Ng-model for multiple criteria ABC inventory classification based on a distance-based decision-making method. The proposed method determines the common weights associated with all rankings of the criteria importance, and then provides a comprehensive scoring scheme by aggregating all rankings. A numerical illustration is presented to compare our computational results with previous studies.

Research Area(s)

  • Common weights, Distance, Inventory, Multiple criteria decision making