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Using the Analytic Hierarchy Process for ABC Analysis
Journal article   Peer reviewed

Using the Analytic Hierarchy Process for ABC Analysis

Fariborz Y Partovi and Jonathan Burton
International journal of operations & production management, v 13(9), pp 29-44
01 Sep 1993

Abstract

Analytical hierarchy process Inventory control Pharmaceutical industry Classification
Presents a multicriteria approach to the ABC classification problem in inventory control. The proposed method, based on Saaty′s Analytic Hierarchy Process, rates items on both qualitative and quantitative criteria. Demonstrates the model through an example, using real data from the maintenance department stock room of a pharmaceutical company. A series of simulation experiments show how the resulting classification can benefit inventory control in this company.

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