A decision support model for supplier portfolio selection in the retail industry

Authors :: Jason M. Riley
Stanislaus Solomon
William A. Ellegood
Gertrude P. Pannirselvam
Source :: Journal of Management Analytics. 8:486-501
Publication Year :: 2021
Publisher :: Informa UK Limited, 2021.
Abstract: In this paper we propose and test a staged knapsack model to create a supplier portfolio for retailers. The first two stages in the model use judgement criteria related to supplier characteristics ...

Subjects :: Statistics and Probability
Decision support system
Operations research
Computer science
Judgement
ComputerApplications_COMPUTERSINOTHERSYSTEMS
Two stages
Test (assessment)
InformationSystems_GENERAL
Retail industry
Knapsack problem
ComputerApplications_GENERAL
Business, Management and Accounting (miscellaneous)
Portfolio
Statistics, Probability and Uncertainty
Selection (genetic algorithm)

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