A state-of the-art literature survey of grey relational analysis applications in competitive business environment
by Arvind Jayant; Vikrant Giri; Pradeep K. Singh; Sunil Luthra
International Journal of Industrial and Systems Engineering (IJISE), Vol. 30, No. 4, 2018

Abstract: Multi-criteria decision making (MCDM) approaches have been accepted a significant consideration from scientists and professionals for evaluating, surveying and selecting best alternatives for different commercial enterprises. Out of various MCDM approaches developed to unravel real-world decision making problems, grey relational analysis keeps on working satisfactorily over diversified fields of business. In this paper, we have conducted a state-of-the-art literature survey to taxonomise the research on GRA applications and methodologies in competitive business environment. The present paper is classified into five fields of applications viz. Supply chain and logistics management, manufacturing systems and design engineering, management and business, energy and environment management and some other areas of application. Research papers on GRA requisitions are again distributed based on number of publications in consecutive years and other methodologies compared or coordinated with GRA. We concluded our review paper with recommendations for future research directions in GRA decision making that is both forward-looking and practically oriented.

Online publication date: Thu, 15-Nov-2018

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Industrial and Systems Engineering (IJISE):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com