Version 1
: Received: 31 July 2021 / Approved: 2 August 2021 / Online: 2 August 2021 (11:08:56 CEST)
How to cite:
Jwo, T. Y.; Shyuan, L. Y.; Shih, L. H.; Shu, T. C. Using a Product Life Cycle Cost Model to Solve Supplier Selection Problems in Sustainable Supply Chain. Preprints2021, 2021080016. https://doi.org/10.20944/preprints202108.0016.v1
Jwo, T. Y.; Shyuan, L. Y.; Shih, L. H.; Shu, T. C. Using a Product Life Cycle Cost Model to Solve Supplier Selection Problems in Sustainable Supply Chain. Preprints 2021, 2021080016. https://doi.org/10.20944/preprints202108.0016.v1
Jwo, T. Y.; Shyuan, L. Y.; Shih, L. H.; Shu, T. C. Using a Product Life Cycle Cost Model to Solve Supplier Selection Problems in Sustainable Supply Chain. Preprints2021, 2021080016. https://doi.org/10.20944/preprints202108.0016.v1
APA Style
Jwo, T. Y., Shyuan, L. Y., Shih, L. H., & Shu, T. C. (2021). Using a Product Life Cycle Cost Model to Solve Supplier Selection Problems in Sustainable Supply Chain. Preprints. https://doi.org/10.20944/preprints202108.0016.v1
Chicago/Turabian Style
Jwo, T. Y., Lee Hsuan Shih and Tu Chang Shu. 2021 "Using a Product Life Cycle Cost Model to Solve Supplier Selection Problems in Sustainable Supply Chain" Preprints. https://doi.org/10.20944/preprints202108.0016.v1
Abstract
Supplier selection (SC) continues to be a crucial component in manufacturing procurement. Using the PLCC advantages generates revenue and lowers costs more than might be anticipated. Supplier selection (SC) product life cycle cost (SCPLCC) is an important consideration among corporations, SCPLCC problem has become associated with deciding how one supplier should be selected from possible alternatives. Past literature on this topic is limited. We try to close this gap in knowledge. In this study, we attempt to apply two types of goal programming, multiobjective linear programming and revised multichoice goal programming to develop a PLCC-based concept to solve the SCPLCC problem and construct a decision-making tool for application to a case of supply chain management in a Taiwanese light-emitting diode company in the high-tech industry. Our study main contribution Company managers can easily use the two approaches of the SCPLCC model with different parameters to solve SCPLCC model problems. Finally, we are comparing five models found RMCGP with weighted linear goal programming had an adequate effect for application to the PLCC concept for high-technology Company; this cloud makes company decision–makers focus on low PLCC and select a better supplier in sustainable supply chains development.
Keywords
supplier selection; product life cycle cost; geometric averaging-weighting; penalty weighting; multiobjective linear programming; revised multichoice goal programming
Subject
Business, Economics and Management, Accounting and Taxation
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.