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Reliability-based decision making for selection of ready-mix concrete supply using stochastic superiority and inferiority ranking method

Version 2 2024-06-18, 11:43
Version 1 2019-02-18, 13:52
journal contribution
posted on 2024-06-18, 11:43 authored by Jui-Sheng Chou, Citra Satria Ongkowijoyo
Corporate competitiveness is heavily influenced by the information acquired, processed, utilized and transferred by professional staff involved in the supply chain. This paper develops a decision aid for selecting on-site ready-mix concrete (RMC) unloading type in decision making situations involving multiple stakeholders and evaluation criteria. The uncertainty of criteria weights set by expert judgment can be transformed in random ways based on the probabilistic virtual-scale method within a prioritization matrix. The ranking is performed by grey relational grade systems considering stochastic criteria weight based on individual preference. Application of the decision aiding model in actual RMC case confirms that the method provides a robust and effective tool for facilitating decision making under uncertainty.

History

Journal

Reliability engineering and system safety

Volume

137

Pagination

29-39

Location

Amsterdam, The Netherlands

ISSN

0951-8320

eISSN

1879-0836

Language

English

Publication classification

C1.1 Refereed article in a scholarly journal

Copyright notice

2014, Elsevier Ltd.

Publisher

Elsevier