Multi-objective supplier selection models

Vijay Wadhwa, Arunachalam Ravindran

Research output: Contribution to conferencePaper

Abstract

In this paper we present a multi-objective supplier selection model for low cost, low risk items. We consider a multiperiod planning horizon where the first objective is to minimize the total cost and the second objective is to minimize rejects over the planning horizon. Each product can be purchased from a set of approved suppliers and every supplier offers bundling discount. The buyer's objective is to decide which products to order from which supplier, in what quantity and in which period. The multi-objective problem is solved using preemptive goal programming.

Original languageEnglish (US)
StatePublished - Jan 1 2010
EventIIE Annual Conference and Expo 2010 - Cancun, Mexico
Duration: Jun 5 2010Jun 9 2010

Other

OtherIIE Annual Conference and Expo 2010
CountryMexico
CityCancun
Period6/5/106/9/10

All Science Journal Classification (ASJC) codes

  • Industrial and Manufacturing Engineering

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    Wadhwa, V., & Ravindran, A. (2010). Multi-objective supplier selection models. Paper presented at IIE Annual Conference and Expo 2010, Cancun, Mexico.