Supplier segmentation is a strategic business activity whereby suppliers of a firm are categorized on the basis of their similarities. Instead of handling all suppliers separately, segmentation yields a manageable number of segments, each of which requires a similar strategy. Standard methods of supplier segmentation have serious shortcomings: they often use a limited number of criteria and do ...

The purpose of this paper is to point to the usefulness of applying a linear mathematical formulation of fuzzy multiple criteria objective decision methods in organising business activities. In this respect fuzzy parameters of linear programming are modelled by preference-based membership functions. This paper begins with an introduction and some related research followed by some fundamentals o...

The purpose of this paper is to point to the usefulness of applying a linear mathematical formulation of fuzzy multiple criteria objective decision methods in organising business activities. In this respect fuzzy parameters of linear programming are modelled by preference-based membership functions. This paper begins with an introduction and some related research followed by some fundamentals o...

The increasing consumption of electricity over time forces different countries to establishnew power plants and transmission lines. There are various crisp single-objective mathematicalmodels in the literature for the long-term power generation and transmission expansion planning tohelp the decision makers to make more reasonable decisions. But, in practice, most of the parametersassociated wit...