Discuss the similarities and differences between Lp metric and AHP for ranking suppliers.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Service Systems Engineering And Management

ISBN: 978-0367781323

1st Edition

Authors: A. Ravi Ravindran ,Paul M. Griffin ,Vittaldas V. Prabhu

See More Books

Question Posted: Feb 27, 2024 03:11 AM

See More Questions

1. Discuss the similarities and differences between the different types of lp (linear programming) problems. 2. What are the assumptions and requirements to formulate and use an lp model? 3. Discuss...
Discuss the similarities and differences between evidence in a legal case and evidence in an audit of financial statements.
Discuss the similarities and differences between annual budgets and rolling budgets.
The time it takes a cell to divide (called mitosis) is normally distributed with an average time of one hour and a standard deviation of 5 minutes. (a) What is the probability that a cell divides in...
Kelly decided to accept the risk and purchased a high growth stock. Her returns for the past five years are 32 percent, 24 percent, -48 percent, 12 percent, and -9 percent, respectively. What is the...
The system of four forces acts on the roof truss. Determine the equivalent resultant force and specify its location along AB, measured from pointA. 200 Ib 30 275 lb 4 t 300 Ib 4 ft 150 Ib 4 ft 30
The attendance at concerts for
An electric dipole with dipole moment p = (3.00i + 4.00j) (1.24 x 1030 C m) in an electric field E = (4000 N/C)i. (a) What is the potential energy of the electric dipole? (b) What is the torque...
Carla Corporation purchased a special tractor on December 31, 2020. The purchase agreement stipulated that Carla should pay $18.140 at the time of purchase and $4,540 at the end of each of the next 8...
Consider a supply chain network with three potential sites for warehouses and eight retailer regions. The fixed costs of locating warehouses at the three sites are given below: Site 1: $100,000 Site...
Why is scaling of criteria values necessary in supplier ranking?
A study was conducted to determine if there was a difference in humor content in British and American trade magazine advertisements. In an independent random sample of 270 American trade magazine...
Pacifico Company, a U.S.-based importer of beer and wine, purchased 1,200 cases of Oktoberfest-style beer from a German supplier for 264,000 euros. Relevant U.S. dollar exchange rates for the euro...
Finding Confidence Intervals. In Exercises 9-16, assume that each sample is a simple random sample obtained from a population with a normal distribution. Body Temperature Data Set 5 "Body...
19 Part 2 of 2 1.25 points Skipped Required information Problem 6-4A & 6-5A (Algo) [The following information applies to the questions displayed below.] Gerald Utsey earned $48,400 in 2021 for a...
Describe equilibrium constants with words and equations. is the ratio of the concentrations of products to the concentration of reactants present in a reaction mixture when chemical equilibrium is...
Pronghorn Inc. acquired 20% of the outstanding common shares of Gregson Inc. on December 31, 2019. The purchase price was $1,133,000 for 51,500 shares, and is equal to 20% of Gregson's carrying...
Assume that Brazil and the United States have different production functions q = f(k) where q is output per worker and k is capital per worker. Let q = Ak1/3. You are told that relative to the U.S. =...
Kenneth Hubbard has prepared the following list of statements about managerial accounting and financial accounting. 1. Financial accounting focuses on providing information to internal users. 2....
Explain in your own words how economists look at markets and arrive at the law of diminishing demand.
Explain what a demand curve is and why it is usually down-sloping. Then give an example of a product for which the demand curve might not be downsloping over some possible price ranges. Explain the...
What is the length of life of the typical demand curve? Illustrate your answer.
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...

Discuss the similarities and differences between Lp metric and AHP for ranking suppliers.

Question:

Step by Step Answer:

Lp metric Linear programming metric and AHP Analytic Hierarchy Process are both methods commonly used for ranking suppliers particularly in the context of supply chain management While both aim to pri...View the full answer

Service Systems Engineering And Management

Students also viewed these Business questions