Assigning Multi-Attribute Targets under Uncertainty with Multiple Suppliers and Stakeholders

A manager must create deliverables satisfying multiple stakeholders. Different stakeholders use the deliverables to satisfy multiple different (and potentially conflicting) objectives. For each criterion, the manager assigns different targets to different suppliers. If suppliers meet their targets,...

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Detalles Bibliográficos
Autor principal: Bordley, Robert F.
Formato: Capítulo de libro
Lenguaje:inglés
Publicado: IntechOpen 2024
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Acceso en línea:https://www.intechopen.com/chapters/89218
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Sumario:A manager must create deliverables satisfying multiple stakeholders. Different stakeholders use the deliverables to satisfy multiple different (and potentially conflicting) objectives. For each criterion, the manager assigns different targets to different suppliers. If suppliers meet their targets, the deliverable score is the sum of the targets. The manager will only be successful if all suppliers meet their targets and if the deliverable scores are acceptable to stakeholders. This chapter solves for the target maximizing the manager’s probability of success both in simple cases and in the general case of multiple suppliers, multiple attributes, and multiple stakeholders. The targets introduce a supplier margin of safety (or buffer) to allow for uncertainty in that supplier’s capability. The targets also introduce a stakeholder margin of safety to allow for uncertainty in what is acceptable to each stakeholder. The assigned targets reflect trade-offs between the margins of safety for each supplier and stakeholder. For simplicity, all uncertainties are assumed Gaussian, and deliverable scores are additive in the targets. Generalizing both assumptions is straightforward.
ISBN:978-0-85014-339-3
DOI:10.5772/intechopen.114376