Sustainable Supplier Selection Based on Regret Theory and QUALIFLEX Method
- DOI
- 10.2991/ijcis.d.200730.001How to use a DOI?
- Keywords
- Sustainable supplier selection; Bounded rantionality; 2-dimension at uncertain linguistic variable; Regret theory; QUALIFLEX
- Abstract
Sustainable supplier selection is the essential core of sustainable supply chain management, which can directly influence the manufacturer's performance and can enormously enhance the manufacturer's competitiveness in the international market. However, most of the previous studies concerning sustainable supplier selection have less focused on the reliability of the decision-makers judgments and the application of regret theory. To fill this gap, we presented an integrated sustainable supplier selection model based on regret theory and QUALItative FLEXible multiple criteria method (QUALIFLEX) under a 2-dimensional uncertain linguistic variable (2-DULV) environment. In the proposed model, 2-DULV including the reliability of evaluation information is employed to handle the uncertainty and vagueness of decision-makers judgments. A similarity-based method is used to derive the decision-makers' weight, and a maximizing deviation model is established to calculate the weights of evaluation criteria. Then an improved QUALIFLEX method based on regret theory is presented to obtain the ranking order of sustainable suppliers. The proposed approach integrates both the superiority of 2-DULV in effectively handling the uncertainty, vagueness, and reliability of evaluation information and the merit of regret theory in dealing with decision-maker's bounded rationality. Finally, a numerical example concerning an automobile manufacturer is provided to validate the effectiveness and feasibility of the presented model.
- Copyright
- © 2020 The Authors. Published by Atlantis Press B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).
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TY - JOUR AU - Limei Liu AU - Zhongli Bin AU - Biao Shi AU - Wenzhi Cao PY - 2020 DA - 2020/08/10 TI - Sustainable Supplier Selection Based on Regret Theory and QUALIFLEX Method JO - International Journal of Computational Intelligence Systems SP - 1120 EP - 1133 VL - 13 IS - 1 SN - 1875-6883 UR - https://doi.org/10.2991/ijcis.d.200730.001 DO - 10.2991/ijcis.d.200730.001 ID - Liu2020 ER -