A Novel Method for Multiple Criteria Analysis: Grey Additive Ratio Assessment (ARAS-G) Method

The paper presents the process of the selection of a potential supplier, which have to be the most appropriate to stakeholders. The selection is based on a set of criteria: Delivery Price, Financial Position, Production Specifications, Standards and Relevant Certificates, Commercial Strength, and the Performance of supplier, etc. The criteria for evaluation and their importance are selected by taking into consideration the interests and goals of the stakeholders. The solution of problem was made by applying a new Additive Ratio ASsessment (ARAS) method with the grey criteria scores

• Type: Journal
• Year: 2010
• Where: INFORMATICALT
• Authors: Zenonas Turskis, Edmundas Kazimieras Zavadskas
• Keywords: Communications, Grey Criteria, INFORMATICALT 2010, Potential Supplier, Selection