Abstract
ABSTRACT This research uses the concept of the Analytical Hierarchy Process (AHP) method and fuzzy set theory to modify the CCR model of the Data Envelopment Analysis (DEA) method to develop a more effective performance evaluation method which can be used to evaluate the performance of a smaller number of business units, which is usually prohibited in the traditional DEA method. The proposed method maintains all the important features of the original DEA method like the objectivity by using data to analyze an evaluation problem and the ability to suggest the improvement directions for each business unit under evaluation. In order to prove the applicability of the proposed method, a case study for the selection of suppliers for the key component of a LCD manufacturing company is given. The result shows that it can be used to choose among a small number of suppliers in a very efficient way and also can provide improvement suggestions for each supplier.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Journal of the Chinese Institute of Industrial Engineers
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.
