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Fuzzy Programming Models for Vendor Selection Problem in a Supply Chain
Authors:Junyan Wang   ࿊&#x;  Ruiqing Zhao     Wansheng Tang  &#x;
Institution:aInstitute of Systems Engineering, Tianjin University, Tianjin 300072, China
Abstract:This paper characterizes quality, budget, and demand as fuzzy variables in a fuzzy vendor selec-tion expected value model and a fuzzy vendor selection chance-constrained programming model, to maxi-mize the total quality level. The two models have distinct advantages over existing methods for selecting vendors in fuzzy environments. A genetic algorithm based on fuzzy simulations is designed to solve these two models. Numerical examples show the effectiveness of the algorithm.
Keywords:vendor selection problem  supply chain management  fuzzy variable  fuzzy simulation  genetic algorithm
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