IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v205y2010i1p186-194.html
   My bibliography  Save this article

Multivariate optimisation for procurement of emergency services equipment - Teams of the best or the best of teams?

Author

Listed:
  • Woodruff, Christopher J.

Abstract

It is shown that the design of some inventory structures such as critical protective items for local emergency response elements, or selection of some types of sports team (e.g. baseball, cricket), is appropriately formulated as the selection of an optimal set of options over multiple criteria. This paper examines the problem of defining what might constitute optimum sets under such conditions. Noting that options may be characterised with data of various scale types, the paper introduces a number of different policies for optimality appropriate to the different scale types, and derives closed expressions that implement the various policies. It is shown that simply choosing the best individual options to construct a preferred team is likely to be sub-optimal particularly if the policy is hard to meet. This result is shown to be robust over data structures and data scale types. Managerial implications are briefly considered.

Suggested Citation

  • Woodruff, Christopher J., 2010. "Multivariate optimisation for procurement of emergency services equipment - Teams of the best or the best of teams?," European Journal of Operational Research, Elsevier, vol. 205(1), pages 186-194, August.
    • Handle: RePEc:eee:ejores:v:205:y:2010:i:1:p:186-194
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0377-2217(09)00945-X
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Weber, Charles A. & Current, John R. & Benton, W. C., 1991. "Vendor selection criteria and methods," European Journal of Operational Research, Elsevier, vol. 50(1), pages 2-18, January.
    2. Shipley, Margaret F. & Johnson, Madeline, 2009. "A fuzzy approach for selecting project membership to achieve cognitive style goals," European Journal of Operational Research, Elsevier, vol. 192(3), pages 918-928, February.
    3. Cooper, W.W. & Ruiz, José L. & Sirvent, Inmaculada, 2009. "Selecting non-zero weights to evaluate effectiveness of basketball players with DEA," European Journal of Operational Research, Elsevier, vol. 195(2), pages 563-574, June.
    4. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    5. Boon, Bart H. & Sierksma, Gerard, 2003. "Team formation: Matching quality supply and quality demand," European Journal of Operational Research, Elsevier, vol. 148(2), pages 277-292, July.
    6. Ho, William & Xu, Xiaowei & Dey, Prasanta K., 2010. "Multi-criteria decision making approaches for supplier evaluation and selection: A literature review," European Journal of Operational Research, Elsevier, vol. 202(1), pages 16-24, April.
    7. J. Marschak, 1955. "Elements for a Theory of Teams," Management Science, INFORMS, vol. 1(2), pages 127-137, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pishchulov, Grigory & Trautrims, Alexander & Chesney, Thomas & Gold, Stefan & Schwab, Leila, 2019. "The Voting Analytic Hierarchy Process revisited: A revised method with application to sustainable supplier selection," International Journal of Production Economics, Elsevier, vol. 211(C), pages 166-179.
    2. Ventura, José A. & Bunn, Kevin A. & Venegas, Bárbara B. & Duan, Lisha, 2021. "A coordination mechanism for supplier selection and order quantity allocation with price-sensitive demand and finite production rates," International Journal of Production Economics, Elsevier, vol. 233(C).
    3. Ventura, José A. & Valdebenito, Victor A. & Golany, Boaz, 2013. "A dynamic inventory model with supplier selection in a serial supply chain structure," European Journal of Operational Research, Elsevier, vol. 230(2), pages 258-271.
    4. You, Liangjun & Sikora, Riyaz, 2011. "An adaptive evaluation mechanism for online traders," European Journal of Operational Research, Elsevier, vol. 214(3), pages 739-748, November.
    5. Hu, Kuo-Jen & Yu, Vincent F., 2016. "An integrated approach for the electronic contract manufacturer selection problem," Omega, Elsevier, vol. 62(C), pages 68-81.
    6. M B Wright, 2009. "50 years of OR in sport," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(1), pages 161-168, May.
    7. Awasthi, Anjali & Chauhan, Satyaveer S. & Goyal, S.K., 2010. "A fuzzy multicriteria approach for evaluating environmental performance of suppliers," International Journal of Production Economics, Elsevier, vol. 126(2), pages 370-378, August.
    8. Xu, Jianjun & Keblis, Matthew F. & Feng, Youyi & Chang, Yanling, 2017. "Optimal sourcing from a pool of suppliers with nonidentical salvage values," International Journal of Production Economics, Elsevier, vol. 193(C), pages 392-405.
    9. Nuri Ozgur DOGAN, 2015. "Analyzing The Supplier Selection Process Of A Lean Manufacturing Firm: A Case Study," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 1026-1033, November.
    10. Syed Abou Iltaf Hussain & Debasish Baruah & Bapi Dutta & Uttam Kumar Mandal & Sankar Prasad Mondal & Thuleswar Nath, 2019. "Evaluating the impact of service quality on the dynamics of customer satisfaction in the telecommunication industry of Jorhat, Assam," Telecommunication Systems: Modelling, Analysis, Design and Management, Springer, vol. 71(1), pages 31-53, May.
    11. Barak, Sasan & Javanmard, Shima, 2020. "Outsourcing modelling using a novel interval-valued fuzzy quantitative strategic planning matrix (QSPM) and multiple criteria decision-making (MCDMs)," International Journal of Production Economics, Elsevier, vol. 222(C).
    12. Kellner, Florian & Lienland, Bernhard & Utz, Sebastian, 2019. "An a posteriori decision support methodology for solving the multi-criteria supplier selection problem," European Journal of Operational Research, Elsevier, vol. 272(2), pages 505-522.
    13. Hayk Manucharyan, 2020. "Dealing with uncertainties of green supplier selection: a fuzzy approach," Working Papers 2020-13, Faculty of Economic Sciences, University of Warsaw.
    14. Ekici, Ali, 2013. "An improved model for supplier selection under capacity constraint and multiple criteria," International Journal of Production Economics, Elsevier, vol. 141(2), pages 574-581.
    15. Tavana, Madjid & Di Caprio, Debora, 2016. "Modeling synergies in multi-criteria supplier selection and order allocation: An application to commodity tradingAuthor-Name: Sodenkamp, Mariya A," European Journal of Operational Research, Elsevier, vol. 254(3), pages 859-874.
    16. Falagario, Marco & Sciancalepore, Fabio & Costantino, Nicola & Pietroforte, Roberto, 2012. "Using a DEA-cross efficiency approach in public procurement tenders," European Journal of Operational Research, Elsevier, vol. 218(2), pages 523-529.
    17. Srđan Ljubojević & Dragan Pamučar & Dragutin Jovanović & Vujadin Vešović, 2019. "Outsourcing transport service: a fuzzy multi-criteria methodology for provider selection based on comparison of the real and ideal parameters of providers," Operational Research, Springer, vol. 19(2), pages 399-433, June.
    18. Abid Haleem & Shahbaz Khan & Sunil Luthra & Harshit Varshney & Musaib Alam & Mohd Imran Khan, 2021. "Supplier evaluation in the context of circular economy: A forward step for resilient business and environment concern," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 2119-2146, May.
    19. Jérémie Katembo Kavota & Luc Cassivi & Pierre-Majorique Léger, 2024. "A Systematic Review of Strategic Supply Chain Challenges and Teaching Strategies," Logistics, MDPI, vol. 8(1), pages 1-19, February.
    20. Cunha, Artur Lovato & Santos, Maristela Oliveira & Morabito, Reinaldo & Barbosa-Póvoa, Ana, 2018. "An integrated approach for production lot sizing and raw material purchasing," European Journal of Operational Research, Elsevier, vol. 269(3), pages 923-938.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:205:y:2010:i:1:p:186-194. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.