MULTI-CRITERIA GROUP DECISION MAKING IN THE SUPPLIER SELECTION OF CAPITAL PARTS

Abstract

Reaching a consensus in strategic and key decision processes always have been a big challenge in top management in enterprises globally, as they are required to make decisions much more accurate and quicker due to the increasing amount of inputs in the current reality of Industry 4.0. This article presents a case study of a multi-criteria group decision making (MCGDM) model for the supplier selection of a capital spare part in a small industry using the Analytic Hierarchy Process (AHP). The results obtained through this model are compared and discussed among all decision makers.

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