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Abstract

 The interest of the decision makers in the selection process of suppliers is constantly growing as a reliable supplier reduces costs and improves the quality of products/services. This process is essentially reducible to the problem of multi-attribute decision-making. Namely, the large number of quantitative and qualitative attributes is considered. This paper presents a model of supplier selection. Weighted approach for solving this model was used combined with logical interactions between attributes. Setting logical conditions between attributes was carried out by using the Boolean Interpolative Algebra. Then the logical conditions are transformed into generalized Boolean polynomial that is through logical aggregation translated into a single value. In this way, the ranking of the suppliers is provided. Using this model managers will be able to clearly express their demands through logical conditions, i.e. will be able to conduct a comprehensive analysis of the problem and to make an informed decision.

Keywords

Fuzzy logic Interpolative Boolean algebra Generalized Boolean polynomial Logical aggregation Supplier selection problem 

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Copyright information

© Springer International Publishing Switzerland 2014

Authors and Affiliations

  • Ksenija Mandic
    • 1
  • Boris Delibasic
    • 1
  1. 1.Faculty of Organizational SciencesUniversity of BelgradeBelgradeSerbia

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