Consider a supplier selection problem where the five most important cri- teria are identified as follows:...

  

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Consider a supplier selection problem where the five most important cri- teria are identified as follows: G-Risk C₂-Delivery time C₁-Quality Cr-Price C-Business Performance (a) Using the method of paired comparison, rank the criteria and com- pute their weights. (b) Suppose 5% of purchasing managers were interviewed and they were asked to rank the aforementioned criteria. The summary of their responses are given in Table 6.41. TABLE 6.41 Criteria Rankings for Exercise 6.9 Rank Criteria 1 2 3 4 5 47 C₁₂ G₂ C₂ C₂ Cs 944 3 13 6 8 4 3 7 3 4192 11 789 2 6 2 1 4 2 4 17 Determine the weights of the criteria and their rankings based on the sample survey, using the Borda count method for multiple decision makers discussed in Section 6.3.9. How does their ranking compare with yours? Consider a supplier selection problem where the five most important cri- teria are identified as follows: G-Risk C₂-Delivery time C₁-Quality Cr-Price C-Business Performance (a) Using the method of paired comparison, rank the criteria and com- pute their weights. (b) Suppose 5% of purchasing managers were interviewed and they were asked to rank the aforementioned criteria. The summary of their responses are given in Table 6.41. TABLE 6.41 Criteria Rankings for Exercise 6.9 Rank Criteria 1 2 3 4 5 47 C₁₂ G₂ C₂ C₂ Cs 944 3 13 6 8 4 3 7 3 4192 11 789 2 6 2 1 4 2 4 17 Determine the weights of the criteria and their rankings based on the sample survey, using the Borda count method for multiple decision makers discussed in Section 6.3.9. How does their ranking compare with yours?

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The Borda count method is a consensusbased decisionmaking approach that allows a collective preference to be derived from individual rankings of optio... View the full answer