ABSTRACT
The Measuring Attractiveness by a Categorical-Based Evaluation Technique (MACBETH) is a multi-criteria decision analysis approach motivated by the multi-attribute value theory. The main idea of MACBETH method is to develop an interval scale from the preference information. However, the M-MACBETH software can identify inconsistencies, if any, and suggest necessary remedial actions to eliminate them. Further, the alternatives and their performance are entered into the model. The same procedure of preference function is adopted in MACBETH approach to obtain the criteria weights. Supply chains help the manufacturing organizations to increase their profit margins by means of effective procurement through a network of best-chosen suppliers. It has been estimated that for each dollar an organization earns on the sale of a product, it spends about 50–60% on goods and services. Li et al. proposed a degree of seven ordinal performance levels to map the performance of the alternatives with respect to several evaluation criteria.
