Multi-Criteria Inventory Classification by Using a Fuzzy Analytic Network Process (ANP) Approach

Şafak Kırış

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Multi-Criteria Decision Making Supply Chain and Inventory Management Optimization and Mathematical Programming

Abstract

Inventory management is an important part of production planning process for enterprises. Decisions for strategies to determine when and how many to buy or make can be made by classifying the inventory items based on their sorts. In this evaluation, ABC inventory classification is one of the most commonly used approaches. In this study, a fuzzy analytic network process approach was proposed to determine the weights of the criteria and the scores of the inventory items were determined with simple additive weighting by using linguistic terms. Applying fuzzy ANP to a multi-criteria inventory classification problem is the novelty of this study in the related literature. In addition, the application area of the problem which is the management of the engineering vehicles' items in a construction firm is different from the other studies.

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1996Fuzzy sets 2008Decision making with the analytic hierarchy process 2007Decision Making in a Fuzzy Environment 1985Fuzzy hierarchical analysis 1996Decision making with dependence and feedback : the analytic network process 1983A fuzzy extension of Saaty's priority theory 2000Fundamentals of Decision Making and Priority Theory With the Analytic Hierarchy Process 2011Multiple Attribute Decision Making: Methods and Applications

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