A multicriteria approach to allocating order quantity among vendors

A multicriteria approach to allocating order quantity among vendors

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Article ID: iaor19921130
Country: United States
Volume: 32
Start Page Number: 82
End Page Number: 86
Publication Date: Nov 1991
Journal: Production and Inventory Management Journal
Authors: , ,
Keywords: supply, programming: multiple criteria
Abstract:

This article considers a buyer who seeks to allocate an order quantity among vendors. Making this decision is complicated by the buyer’s desire to simultaneously meet the sometimes conflicting goals of quality, price, lead time, and service, and also the production or rationing constraints of the vendors. The authors illustrate that goal programming is a straightforward approach to solving this multicriteria problem.

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