| Article ID: | iaor20162111 |
| Volume: | 23 |
| Issue: | 5 |
| Start Page Number: | 969 |
| End Page Number: | 978 |
| Publication Date: | Sep 2016 |
| Journal: | International Transactions in Operational Research |
| Authors: | Lai Kin Keung, Fu Yelin, Miao Yajun, Leung John W K |
| Keywords: | decision, decision theory: multiple criteria |
The present paper extends the Ng‐model for multiple criteria ABC inventory classification based on a distance‐based decision‐making method. The proposed method determines the common weights associated with all rankings of the criteria importance, and then provides a comprehensive scoring scheme by aggregating all rankings. A numerical illustration is presented to compare our computational results with previous studies.