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A New Optimization Method for Supplier Evaluation in the Context of Volume Discount

A New Optimization Method for Supplier Evaluation in the Context of Volume Discount

Reza Farzipoor Saen
Copyright: © 2011 |Pages: 12
ISBN13: 9781609601355|ISBN10: 1609601351|EISBN13: 9781609601379
DOI: 10.4018/978-1-60960-135-5.ch005
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MLA

Saen, Reza Farzipoor. "A New Optimization Method for Supplier Evaluation in the Context of Volume Discount." Supply Chain Optimization, Management and Integration: Emerging Applications, edited by John Wang, IGI Global, 2011, pp. 64-75. https://doi.org/10.4018/978-1-60960-135-5.ch005

APA

Saen, R. F. (2011). A New Optimization Method for Supplier Evaluation in the Context of Volume Discount. In J. Wang (Ed.), Supply Chain Optimization, Management and Integration: Emerging Applications (pp. 64-75). IGI Global. https://doi.org/10.4018/978-1-60960-135-5.ch005

Chicago

Saen, Reza Farzipoor. "A New Optimization Method for Supplier Evaluation in the Context of Volume Discount." In Supply Chain Optimization, Management and Integration: Emerging Applications, edited by John Wang, 64-75. Hershey, PA: IGI Global, 2011. https://doi.org/10.4018/978-1-60960-135-5.ch005

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Abstract

Supplier selection is a multiple criteria decision making problem that the selection process mainly involves evaluating a number of suppliers according to a set of common criteria for selecting suppliers to meet business needs. Suppliers usually offer volume discounts to encourage the buyers to order more. To select suppliers in the presence of both volume discounts and imprecise data, this chapter proposes an optimization method. A numerical example demonstrates the application of the proposed method.

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