JOURNAL ARTICLE

Multicriteria ABC Inventory Classification Using a Group Decision Making Method with Individual Preferences.

  • Published In: Asia-Pacific Journal of Operational Research, 2023, v. 40, n. 6. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Xu, Yang; Fu, Yelin; Chen, Yu; Lai, Kin Keung 3 of 3

Abstract

This paper proposes a group decision making model with individual preferences to investigate the multicriteria ABC inventory classification problem. We first propose a preliminary group decision matrix by means of identifying the individual preference among the classification criteria as a typical decision maker; then analyze the endogenous individual preference structure in terms of exploring the preferential difference and preferential priority, a revised group decision matrix is therefore presented; thirdly, make the use of SMAA-2 to derive the holistic acceptability index for classifying the SKUs. A satisfaction index is developed to manifest the merits of proposed method. A numerical illustration using the data drawn from previous studies is performed to indicate the applicability and feasibility of our method. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Asia-Pacific Journal of Operational Research. 2023/12, Vol. 40, Issue 6, p1
  • Document Type:Article
  • Subject Area:Health and Medicine
  • Publication Date:2023
  • ISSN:0217-5959
  • DOI:10.1142/S0217595922500361
  • Accession Number:173969311
  • Copyright Statement:Copyright of Asia-Pacific Journal of Operational Research is the property of World Scientific Publishing Company and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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