Although ABC inventory classification has been widely used,
primarily due to its simplicity and effectiveness, these advantages
are difficult to maintain when, as in practical situations, multiple
criteria are involved. Several methodologies applying the DEA-like
model to deal with multiple criteria in inventory classification have
been proposed in the literature. Although the DEA-like models are
relatively simple and easy to manage, their effectiveness is rather
limited. In particular, their inability to provide finer classification
of items of higher importance becomes a significant problem
Although ABC inventory classification has been widely used,
primarily due to its simplicity and effectiveness, these advantages
are difficult to maintain when, as in practical situations, multiple
criteria are involved. Several methodologies applying the DEA-like
model to deal with multiple criteria in inventory classification have
been proposed in the literature. Although the DEA-like models are
relatively simple and easy to manage, their effectiveness is rather
limited. In particular, their inability to provide finer classification
of items of higher importance becomes a significant problem
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