Article ID: | iaor20105555 |
Volume: | 20 |
Issue: | 8 |
Start Page Number: | 678 |
End Page Number: | 690 |
Publication Date: | Dec 2009 |
Journal: | Production Planning & Control |
Authors: | Sharma Milind Kumar, Bhagwat Rajat |
Keywords: | performance, programming: goal, analytic hierarchy process |
The performance measurement problem has gained great attention in business and operations management literature. The first objective of this study is to determine the required performance measures and to develop a model for performance evaluation, based on these selected measures using analytical hierarchy process (AHP) methodology. The second objective is to explain how an integrated AHP-PGP (pre-emptive goal programming) model can be used in performance measurement while optimising the overall performance. An integration of AHP and multi-objective PGP is used to consider both quantitative and qualitative performance measures in optimising the overall performance of the system. The integrated model is presented with a real-world application using source data provided by a survey conducted in India. Findings demonstrate that the integrated AHP-PGP model can be useful to all supply chain industries in their day-to-day performance measurement decisions.