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An Inner Dependence Analysis Dynamic Decision-Making Framework

Author

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  • Yun-Ning Liu

    (Department of Computer Science and Information Engineering, National Dong Hwa University, No. 1, Sec. 2, Da Hsueh Rd., Shoufeng, Hulien City 974301, Taiwan)

  • Hsin-Hung Wu

    (Department of Business Administration, National Changhua University of Education, No. 2, Shida Rd., Changhua 50074, Taiwan
    Department of M-Commerce and Multimedia Applications, Asia University, No. 500, Lioufeng Rd., Wufeng, Taichung 41354, Taiwan)

Abstract

During the last decade, with the rapid development of information technology, the immense volume of data poses a challenge to decision-makers. We use a combined dynamic decision-making approach based on the analytic hierarchy process (AHP) to select the best supplier. In this paper, we discuss the interaction between criteria that can lead to expanding our proposed dynamic framework to consider the inner dependencies among criteria. The main contributions are: (1) identifying the most important criteria of supplier selection in a steel bar manufacturer in Taiwan; (2) proposing a simple and rapid analysis of the appropriate supplier selection evaluation framework; and (3) using the AHP and transformation matrix to present the inner dependence among the criteria.

Suggested Citation

  • Yun-Ning Liu & Hsin-Hung Wu, 2022. "An Inner Dependence Analysis Dynamic Decision-Making Framework," Sustainability, MDPI, vol. 14(10), pages 1-13, May.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:10:p:5968-:d:815684
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    References listed on IDEAS

    as
    1. Saaty, Thomas L., 2003. "Decision-making with the AHP: Why is the principal eigenvector necessary," European Journal of Operational Research, Elsevier, vol. 145(1), pages 85-91, February.
    2. Patrick T. Harker & Luis G. Vargas, 1990. "Reply to "Remarks on the Analytic Hierarchy Process" by J. S. Dyer," Management Science, INFORMS, vol. 36(3), pages 269-273, March.
    3. Yun-Ning Liu & Shiow-Yang Wu, 2020. "A rule-based approach for dynamic analytic hierarchy process decision-making," International Journal of Information and Decision Sciences, Inderscience Enterprises Ltd, vol. 12(1), pages 36-74.
    4. Ao Yu & Zhuoqiang Jia & Weike Zhang & Ke Deng & Francisco Herrera, 2020. "A Dynamic Credit Index System for TSMEs in China Using the Delphi and Analytic Hierarchy Process (AHP) Methods," Sustainability, MDPI, vol. 12(5), pages 1-21, February.
    5. Azimifard, Arezoo & Moosavirad, Seyed Hamed & Ariafar, Shahram, 2018. "Selecting sustainable supplier countries for Iran's steel industry at three levels by using AHP and TOPSIS methods," Resources Policy, Elsevier, vol. 57(C), pages 30-44.
    6. Saaty, Thomas L., 1990. "How to make a decision: The analytic hierarchy process," European Journal of Operational Research, Elsevier, vol. 48(1), pages 9-26, September.
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    Cited by:

    1. Radosław Depczyński & Jim Secka & Katarzyna Cheba & Carlotta D’Alessandro & Katarzyna Szopik-Depczyńska, 2023. "Decision-Making Approach in Sustainability Assessment in Steel Manufacturing Companies—Systematic Literature Review," Sustainability, MDPI, vol. 15(15), pages 1-15, July.

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