Fuzzy Multi-Criteria Selection of Non-Ferrous Scrap Metal Suppliers

摘要

Selecting non-ferrous scrap metal suppliers involves evaluating each supplier and its available scrap metals in terms of quantitative and qualitative criteria in each selection round. This paper presents a new approach for developing and selecting fuzzy multi-criteria decision making (MCDM) methods to address the non-ferrous scrap metal supplier selection problem with fuzzy data. The approach develops different fuzzy MCDM methods by combining three normalization processes and three aggregation processes commonly used in MCDM research. In particular, a specific defuzzification process is used to reflect the decision maker’s risk attitude about the current global commodity market. A validation procedure using fuzzy c-means clustering is applied to select among inconsistent ranking results produced by different fuzzy MCDM methods. An empirical study on a non-ferrous scrap metal company in China is conducted to illustrate how fuzzy MCDM methods are developed and selected.