Abstract
Selecting non-ferrous scrap metal suppliers involves evaluating each supplier and its available scrap metals in terms of quantitative and qualitative criteria in each selection round. This paper presents a new approach for developing and selecting fuzzy multi-criteria decision making (MCDM) methods to address the non-ferrous scrap metal supplier selection problem with fuzzy data. The approach develops different fuzzy MCDM methods by combining three normalization processes and three aggregation processes commonly used in MCDM research. In particular, a specific defuzzification process is used to reflect the decision maker's risk attitude about the current global commodity market. A validation procedure using fuzzy c-means clustering is applied to select among inconsistent ranking results produced by different fuzzy MCDM methods. An empirical study on a non-ferrous scrap metal company in China is conducted to illustrate how fuzzy MCDM methods are developed and selected.
Original language | English |
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Title of host publication | 2020 IEEE International Conference on Systems, Man, and Cybernetics |
Editors | Kazuo Kiguchi, Vladimir Marik, Andreas Nürnberger |
Place of Publication | Piscataway NJ USA |
Publisher | IEEE, Institute of Electrical and Electronics Engineers |
Pages | 841-847 |
Number of pages | 7 |
ISBN (Electronic) | 9781728185262 |
ISBN (Print) | 9781728185279 |
DOIs | |
Publication status | Published - 2020 |
Event | IEEE International Conference on Systems, Man and Cybernetics 2020 - Toronto, Canada Duration: 11 Oct 2020 → 14 Oct 2020 https://ieeexplore.ieee.org/xpl/conhome/9282733/proceeding (Proceedings) http://smc2020.org/ (Website) |
Conference
Conference | IEEE International Conference on Systems, Man and Cybernetics 2020 |
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Abbreviated title | SMC 2020 |
Country/Territory | Canada |
City | Toronto |
Period | 11/10/20 → 14/10/20 |
Internet address |
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Keywords
- fuzzy multi-criteria decision making
- method selection
- non-ferrous scrap metal
- supplier selection