Abstract
The readymade garments industry is rapidly growing and now it is the single highest export earner for Bangladesh. This business sector becomes an attractive investment destination to the country’s new young entrepreneurs upcoming due to its cheaper labor cost, lower investment cost, availability of resources, governments support, etc. than the other sectors. However, many other factors are often needed to consider in investing in this garments sectors. Again, in garments sectors, there is a wide range of apparel items like shirts, trousers, jackets, sweaters, etc. options that are available to invest. Different types of apparel items demand different types of resource requirements, diverse level of capital investment, operator’s skills, and it is also related to the many other factors. Again, all the investors are not in same stand points according to their business handling capabilities, capitals in hand, business locations and so many other aspects. This paper proposes a methodology for selection best apparel item among different alternatives that will provide a decision support to the investors in opening a new garment factory. The proposed methodology is based on Analytical Hierarchy Process (AHP) under fuzzy environment. The approaches allow the decision maker to use expert’s judgment in the form of linguistic expression in the evaluation process. In the application of proposed methodology, the best apparel item is selected for opening a garment factory in Bangladesh at present conditions.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.