Application of Three Parameter Interval Grey Numbers in Enterprise Resource Planning Selection

Subject Areas : International Journal of Information, Security and Systems Management

Mohammad Kamfiroozi ¹ , Alireza Aliahmadi ² , Meisam Jafari Eskandari ³

1 - Iran University of Science and Technology
2 - Iran University of Science and Technology
3 - Iran University of Science and Technology (IUST)

Received: 2012-09-16 Accepted : 2012-10-02 Published : 2012-12-01

Keywords: Enterprise Resource Planning (ERP), Balanced Score card (BSC), Three parameter interval grey numbers, Shannon Entropy, Grey ELECTRE,

Abstract :

This paper applies a new multi attribute decision-making (MADM) model to help companies for enterprise resource planning (ERP) selection problem based on Balanced Score Card method. This paper uses three-parameter interval grey numbers which is derived from Grey theory (was proposed by J. Deng). This numbers is used instead of linguistic variables. Beside, a new weighting method that outcomes from combination of SMARTER and Shannon Entropy methods and also a new ranking method (Grey ELECTRE method) that is generalization of ELECTRE I for three parameter interval grey numbers are used in this paper. Finally an industrial case study for ERP selection is discussed