Relevant bibliographies by topics / Purchasing Purchasing agents. Group decision making

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  2. Dissertations / Theses
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Academic literature on the topic 'Purchasing Purchasing agents. Group decision making'

Author: Grafiati
Published: 4 June 2021
Last updated: 9 February 2022

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Journal articles on the topic "Purchasing Purchasing agents. Group decision making"

1

Ahmadi, Abbas, Mehdi Heydari, Mir Saman Pishvaee, and Ebrahim Teimoury. "Multi-level decision making for chain stores including GPOs (group purchasing organizations)." Computers & Operations Research 135 (November 2021): 105433. http://dx.doi.org/10.1016/j.cor.2021.105433.

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Nagyová, Ľudmila, Andrej Géci, and Elena Horská. "Consumer preferences and decision-making determinants for the purchase of sheep's milk and its products." Potravinarstvo Slovak Journal of Food Sciences 14 (August 28, 2020): 673–81. http://dx.doi.org/10.5219/1424.

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When observing consumer behaviour, we find that the consumer carries out the process of purchasing decisions under the influence of several factors. These factors come from the external environment, from its individual characteristics, and also from the specific purchasing situation. The above facts show that consumer preferences and understanding of the behaviour is a very demanding process. This is mainly because consumers may behave differently, i.e. they may have different consumer behaviours that depend on their needs and desires. Therefore, it is necessary to know the factors that influence consumer behavior or the purchasing decision for certain market commodities. The presented research document is focused on the issue of consumer behavior and decision-making in sheep's milk and its products. Sheep's milk has a long tradition and is one of the basic building elements of human food. Consumer behaviour is constantly evolving, their needs and desires are changing as well as factors that influence their shopping behaviour. The main goal of the research is to draw attention to the personality of the consumer, to selected personality characteristics and social factors, and, subsequently, to evaluate their impact on purchasing behaviour and making purchasing decisions on the market of sheep's milk products. Primary data were obtained from a survey conducted on a sample of 796 respondents. Most of the respondents were classified in the sanguine group based on temperament - an emotionally stable extrovert. When buying sheep's milk and its products, they make emotional decisions (57.17%). The most important factor in buying these products was their quality (47.16%). Assumptions were formulated for deeper analysis, which was subsequently verified by the means of a statistical test - Chi-square of the square contingency. The degree of dependence between the examined variables was determined by the means of the Cramer contingency coefficient.
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3

Frency, Ng Sau Fun, Hui Chi Leung Patrick, and Choy Lin Foong May. "Selecting and Purchasing Clothing: The Experience of Visually Impaired People in Hong Kong." Journal of Visual Impairment & Blindness 94, no. 1 (January 2000): 34–41. http://dx.doi.org/10.1177/0145482x0009400105.

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This study analyzes the decision-making process for selecting and purchasing clothing of 81 people in Hong Kong who are visually impaired. Data were collected through personal interviews. The results show that problems such as unsatisfactory sales services and insufficient clothing information still exist for people with visual impairments (both the group with blindness and the group with low vision), and also reveals that people who are visually impaired have different views on the relative importance of selection criteria for purchasing clothing than do their sighted peers.
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Rodriguez, Jenny Milena Moreno, Takanni Hannaka Abreu Kang, Eduarda Asfora Frej, and Adiel Teixeira de Almeida. "Decision-making in the purchase of equipment in agricultural research laboratories: a multiple-criteria approach under partial information." Decision Science Letters 10, no. 4 (2021): 451–62. http://dx.doi.org/10.5267/j.dsl.2021.7.004.

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Investments in the agricultural sector represented by innovations and new technologies strongly influence the economic growth in developing countries. In this context, purchasing decisions have become more relevant. Multiple-criteria decision-making techniques are well suited for decision-makers (DMs) who are considering the introduction of new technologies. In this paper, a multi-criteria model is built to help a Colombian agricultural research company make decisions on purchasing different laboratory equipment. A compensatory approach based on trade-offs is used to elicit the preferences of a group of DMs. The high number of answers and cognitive effort required from them during the elicitation process led to using an alternative approach based on partial information, called the FITradeoff (The Flexible and Interactive Tradeoff) method. It showed to be the best fit to solve the company’s purchasing problem and allowed its managers to make decisions that consider criteria other than price, taking account of the DMs’ conflicting viewpoints. The proposed model aimed at contributing to the articulation of the end-user knowledge in decision-making in order to ensure effective articulation of actors and strengthening of science, technology and innovation in agriculture.
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Ardley, Barry, Jialin Hardwick, Lauriane Delarue, and Nick Taylor. "Mobile Phone Purchasing and Brand Presence on Facebook." International Journal of Online Marketing 6, no. 2 (April 2016): 18–33. http://dx.doi.org/10.4018/ijom.2016040102.

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Focusing on the mobile phones sector, this study explores how the social networking site ‘Facebook' is used by consumers in their purchasing. Although there is extensive work on the influences on the buying decision process relevant to mobile phone purchasing, it is mainly set outside of a social media context. This paper assists in filling a gap in contemporary research, revealing the presence of different behavioural segments on Facebook. The authors analyse the consumer decision sequence in response to the notion of ‘brand presence', manifested through online advertising, fan and group pages. The approach is interpretative. The study is based on young professional user's experiences, collected through semi-structured individual and focus group interviews. The findings show that Facebook fan pages are shown to have a degree of influence, particularly in the early stages of buying behaviour. In this context, five novel behavioural segments of consumer interactions with Smartphone brands on Facebook have been identified by the research. These are the Avoider, the Suspicious, the Passive, the Receptive, and the Active. Future research of cross comparative studies could be taken on the issues the authors examine and consider them in relation to not only Facebook, but additionally, to other social network sites. Companies could utilise the findings in the future development of social media strategy. The research highlights the socially networked and collective nature of much activity on Facebook, which impacts on the consumer decision-making process for mobile phones.
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Hartono, Budi, Hari Dwi Utami, and Nova Amanatullaili. "Analisis Faktor - Faktor yang Mempengaruhi Konsumen dalam Membeli Produk Susu Pasteurisasi Kabupaten Kudus (Analysis of Factors Influence Consumer’s Purchasing of Pasteurization of Milk at District Kudus)." Buletin Peternakan 34, no. 2 (February 21, 2012): 123. http://dx.doi.org/10.21059/buletinpeternak.v34i2.98.

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<p>The objectives of this study was to investigate factors influence consumer decision making in purchasing pasteurized milks and to examine factors that influence consumer decision to buy its. The study was conducted at Kota subdistrict, Kudus district with consumer`s of milk pasteurization as respondents. This study was carried out in January 2010. One hundred buyers were chosen as respondent by accidental sampling method. Data were analyzed using canonical correlation. The results showed that respondents had in complex decision making and brand loyalty types. The result also indicated that factors such as demography consumer`s, motivation of needs and desired, culture, factor of group, factor of quality facility and promotion had influence the consumer`s purchasing of pasteurized milk.</p><p><br />(Key word: Consumer purchase decision, Canonical correlation analysis, Milk pasteurization)<br /><br /></p>
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Junaid, Abdullah Bin, and Faheem Ahmed . "A Study on the Purchase Behavior and Cosmetic Consumption Pattern among Young Females in Delhi and NCR." Journal of Social and Development Sciences 4, no. 5 (May 30, 2013): 205–11. http://dx.doi.org/10.22610/jsds.v4i5.753.

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This study was carried out to examine consumption behaviour of young females and their attitudes towards cosmetics in Delhi/NCR. This research focuses on the different marketing variables affects the female cosmetic consumption as well as their decision making process for purchasing the cosmetic products. This study also explains to some extent the influence of customer decision making process in purchasing the dermaceutical products in Delhi/NCR. The target sample was between the age group of 15 years to 35 years females and those who are living in Delhi/NCR. This age group fall under the category of young generation and they can be categories in the Millennials (those who are born after 1980). This study may also help various cosmetic companies to formulate their strategies for marketing the cosmetic products. Primary data was obtained through questionnaire. The results were analyzed through SPSS version 16.
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Fuller, Helen J. A., Nancy J. Lightner, Kyle D. Maddox, Hasan Shanawani, Tandi Bagian, and Robin Hemphill. "Purchasing for Safety: A Human Factors-Influenced Procedure for Evaluating Medical Products." Proceedings of the International Symposium on Human Factors and Ergonomics in Health Care 6, no. 1 (May 15, 2017): 118–24. http://dx.doi.org/10.1177/2327857917061027.

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Safety reports related to products and devices used in health care have demonstrated that not all items can be considered equal in terms of usability, compatibility, and functionality, which can result in patient safety concerns. Hospital systems use a wide variety of products when providing care to patients. This variability may contribute to purchasers failing to fully understand and define the needs for these products. In addition, it is necessary to define what a high-quality product is, including what minimal technical requirements it must meet. The Veteran’s Health Administration (VHA) is the largest health care system in the United States; as such, it possesses the ability to learn from a large group of health care providers as well as a great deal of purchasing power. Purchasing for Safety is a procedure for investigating medical devices or products with an end goal of improving the purchasing decision. Purchasing for Safety can help hospitals and health care systems to systematically evaluate medical products and devices for issues that may lead to patient safety concerns. By conducting careful testing and documenting methods and findings, the test team can assist stakeholders in making purchasing decisions that may ultimately result in better patient care. The greater formality introduced in Purchasing for Safety will help hospitals justify purchasing decisions, and the thoroughness of the investigation will promote patient safety.
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Koca, Emine, and Fatma Koc. "A Study of Clothing Purchasing Behavior By Gender with Respect to Fashion and Brand Awareness." European Scientific Journal, ESJ 12, no. 7 (March 30, 2016): 234. http://dx.doi.org/10.19044/esj.2016.v12n7p234.

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It has been suggested that male and female consumers demonstrate considerably different approaches in their decision-making and purchasing behavior when shopping for clothing for a variety of different reasons. For this reason, this study is centered on determining the degree to which gender affects the purchasing behavior of consumers buying fashion items and on determining what the differences between male and female consumer clothing purchasing behavior might be. The sample group for this study, which aims to identify the differences between male and female consumers from a gender perspective by examining their purchasing behavior with respect to fashion and brand awareness, was made up of 382 consumers chosen at random. The data used in this study were collected using a scaling tool made up of 29 questions devised by the researchers. The gathered data were then analyzed using the Social Sciences Statistics Packet (SPSS 17). As a result of this study it was determined that male and female consumers do have different perceptions and preferences with respect to fashion and brand awareness in their clothing purchasing behavior, that demographic characteristics were influential in purchasing clothing, and that women were more influenced by fashion while men were more influenced by brand name.
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Hui, Feng, Piang-or Loahavilai, Nopasit Chakpitak, and Tirapot Chandarasupsang. "Citespace Knowledge Gap Analysis in Asia Duty Free Tourism Purchasing Behavior." International Journal of Knowledge Engineering 7, no. 1 (2021): 1–7. http://dx.doi.org/10.18178/ijke.2021.7.1.133.

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The tourism shoppers’ purchasing behaviors have critical effects to economies, but there are few of comprehensive review that integrates and synthesis the finding of literature on tourism purchasing behavior systematic from past, present and future perspective. As the international tourists consuming volume have decreased in average, the purchasing behavior has changed into online, planned characters especially under the conflict from COVID 19, this paper tries to find the way to solve this problem for the tourism retailing industries development and the market demand. The methods of this paper is to use the theory of tourist classification and duty-free products classification for research shoppers’ sample identification and duty free products wish lists audition, customers purchasing methods is to analyze the gap, Citespace is used here to fill the gap with domain knowledge and visualize the finding of 150 papers on tourism purchasing behavior published from 2010 to 2020. The finding of this research is: i) Lotte, King Power, Dubai international duty free can be Asia representative research shops, Chinese international tourists can be the research target group; ii) Fragrances & cosmetic, wines & spirits, fashion & accessories and personal luxury goods can be selected as the 4 duty free products categories; iii) Chinese tourism shoppers have the purchasing gap between oversea and domestic products, both those kinds of products can be acquired online and offline; iv) Multiple emergent themes in the existing corpus, the theory of planned behavior and online communication are the key domain knowledge to fill this gap. So, a questionnaire is urgent to design based on this research result to find out the decision tree nodes and then compose the decision-making model for duty free industry and tourism shoppers effectively.
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Dissertations / Theses on the topic "Purchasing Purchasing agents. Group decision making"

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Stoddard, James E. "The effect of group influence on organizational buying." Diss., This resource online, 1994. http://scholar.lib.vt.edu/theses/available/etd-03042009-041233/.

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Rubil, Dijana, and Caroline Schöld. "The influence of and interaction between socialization agents in the child-consumers purchasing process." Thesis, Jönköping University, JIBS, EMM (Entrepreneurship, Marketing, Management), 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-13096.

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In several years researchers have focused on identifying different socialization agents that influence the child consumer in the purchasing process. These studies have identified parents, friends and peers, television, role models, and different virtual communities as socialization agents. However, there is still no understanding of how the socialization agents are integrated in the decision-making process.

The purpose is therefore to identify how the child-consumers are influenced by different sources in their decision-making process, and recognise the socialization agents’ interaction as influencers.

The authors have found that there is a continuous interaction between the socialization agents in the decision-making process. The socialization agents, such as parents, siblings, friends and peers, television, role models and virtual communities, separately influence the adolescents in the purchasing process, however, the adolescents do not only take into consideration the opinion of one socialization agent but rather they use all of them. The authors have also found that the socialization agents act as support systems to other socialization agents, this in both influence and credibility.

 

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Chen, Jia-Shi, and 陳家世. "Young Group Decision Making in Smartphone Purchasing Preferences." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/87984436054624471862.

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碩士
嶺東科技大學
行銷與流通管理系碩士班
103
In recent years, smart phones have changed the way people live; it has become a necessity in our daily lives. Since smart phones are booming gradually into fashion, handset manufacturers are trying to increase their product differentiation, in addition to strengthen the physical properties of the product continuously. Smart phones also provide an additional features or wealth. Between different brands, how consumers opt to vote and the elaboration of an effective marketing strategy is a worthy discussion. This study focus on young group decision making in smartphone purchasing preferences. In this study, research objects are consumers of 18 to 34 years old. 210 questionnaires were given and 198 copies returned. There are 118 valid questionnaires. The joint analysis, cluster analysis, and empirical results obtained of this study are as followed: In this study, conjoint analysis is combined with lifestyle segmentation of young group’s decision making in smartphone purchasing preferences separation, there are three clusters: First, the group that takes the initiative to participate: This group of consumers judge mostly on the brand. Male consumers show preference for fashion and their buying decisions do not follow their preference blindly. They show the extent of the positive curiosity towards the products and will take the initiative to absorb new information from time to time. If the smart phone manufacturers were to get this group of consumers. They must continue to enhance the brand image in order to increase the degree of trust in customers who love the brand. Second, the conscious group: This young group of consumers age from 31 to 34 years old. Younger female consumers are more significant among this group; this group of consumer attributes preferences more on the prices of the products. Therefore the most practical value of the product is offered by the entity and product prices. Third, the outgoing leading group: Based mostly on female consumers, aged 18 to 24 years. Tis cluster of lively, outgoing and opinion leaders influence others to buy a cell phone, but also become a reputation heritage object. Careful planners and outgoing leader group have very high price sensitivity. The smart phone manufacturers can take advantage of promotion and other marketing practices to get in contact with this group of consumers. The results of this study combined the description and demographics of each cluster to help smartphone manufacturers in the future. For STP market segmentation purposes, to communicate with target consumers more accurately. Keywords: Smart Phone、Product Attributes、Conjoint analysis、Cluster Analysis
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龔凡怡. "Analysis of Family Group Decision Making Behavior in House Purchasing -An Application of Grounded Theory." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/48793563322160569513.

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碩士
國立交通大學
交通運輸研究所
96
Although the study of family group decision making behavior has been ongoing for nearly forty years; however, the decision making courses are often ignored. Most of papers have been focusing on quantitatively how influential are the family members to the decision maker and analysis of attribute preferences which lead to insufficient amount of knowledge on the courses of decision. Hence, purpose of this paper is to discuss family group decision making behavior in house purchasing by using grounded theory, hopes to give a comprehensive framework to provide a solid background for potential follow up researches. In this paper, fourteen household owners were interviewed. With the various purchasing experiences, this research surveyed ninety-six open codes which were further categorized into six axial codes; finally a selecting code “decision courses” was established. With the selecting code, which linked and described the relationship between the axial codes, this paper evidently illustrated the model of family group decision making behavior.
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Mao, Yen-Sen, and 毛彥森. "The Impact of Purchasing Motives, Consumer Decision-Making Style, Online Word-of-Mouth and Herding Behavior on Purchase Intentions of Internet Group Buying Marketing." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/5e3j9t.

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碩士
遠東科技大學
行銷與流通管理系碩士班
103
According to the statistics of Institute for Information Industry, the market of Taiwan’s online shopping is about 660 billion in 2012, online group buying accounted for 32.5% and continued to grow each year. With the diversification of choice, how to attract more consumers to consume on the site that has become an important issue and can not be ignored. In this study, we chose the consumers who had been involved in the online group buying was our object. To examine the impact of purchase motivation, consumer decision-making style, electronic word of mouth and conformity behavior on purchase intentions of online group buying, and used Likert’s 5-point scale to collect questionnaire data, and then, by statistical methods to explore purchase motivation whether there is significant impact on conformity behavior and purchase intentions of online group buying, consumer decision-making style whether there is significant impact on conformity behavior and electronic word-of-mouth whether there is significant impact on conformity behavior and purchase intentions of online group buying, conformity behavior whether there is significant impact on purchase intentions of online group buying. The results show that: (1) Purchase motivation has a significant positive impact on the conformity behavior, (2) Partially existence: consumer decision-making style has a significant impact on the conformity behavior, (3) Partially existence: consumer decision-making style has a significant impact on the electronic word-of-mouth, (4) Electronic word-of-mouth has a significant positive impact on the conformity behavior, (5) Purchase motivation has a significant positive impact on thepurchase intentions of online group buying, (6) Conformity behavior has a significant positive impact on the purchase intentions of online group buying, and (7) Electronic word-of-mouth has a significant positive impact on the purchase intentions of internet group buying marketing. The results can be provided to industry as a reference to the relevant of the decisions.
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Books on the topic "Purchasing Purchasing agents. Group decision making"

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Reid, David A. Examining the dynamics of group decision making in buying centers. 1987.

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Book chapters on the topic "Purchasing Purchasing agents. Group decision making"

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Ardley, Barry, Jialin Hardwick, Lauriane Delarue, and Nick Taylor. "Mobile Phone Purchasing and Brand Presence on Facebook." In Brand Culture and Identity, 643–60. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-7116-2.ch035.

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Focusing on the mobile phones sector, this study explores how the social networking site ‘Facebook' is used by consumers in their purchasing. Although there is extensive work on the influences on the buying decision process relevant to mobile phone purchasing, it is mainly set outside of a social media context. This paper assists in filling a gap in contemporary research, revealing the presence of different behavioural segments on Facebook. The authors analyse the consumer decision sequence in response to the notion of ‘brand presence', manifested through online advertising, fan and group pages. The approach is interpretative. The study is based on young professional user's experiences, collected through semi-structured individual and focus group interviews. The findings show that Facebook fan pages are shown to have a degree of influence, particularly in the early stages of buying behaviour. In this context, five novel behavioural segments of consumer interactions with Smartphone brands on Facebook have been identified by the research. These are the Avoider, the Suspicious, the Passive, the Receptive, and the Active. Future research of cross comparative studies could be taken on the issues the authors examine and consider them in relation to not only Facebook, but additionally, to other social network sites. Companies could utilise the findings in the future development of social media strategy. The research highlights the socially networked and collective nature of much activity on Facebook, which impacts on the consumer decision-making process for mobile phones.
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Cheng, V., J. Rhodes, and P. Lok. "The Relationship between Online Reviews, Brand Trust, and Willingness to Buy." In Advances in E-Business Research, 139–61. IGI Global, 2015. http://dx.doi.org/10.4018/978-1-4666-8133-0.ch007.

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This chapter investigates how online customer reviews affect consumer decision-making (willingness to buy) during their first purchase of services or products using brand trust as a mediating variable. A brief literature review, rationale and significance, and methodology are discussed, and a conceptual framework based on the relationships between the stated variables is adopted in this empirical study to demonstrate linkages and insights. The findings demonstrate that the “reliability dimension” of brand trust had a mediating effect on online customer reviews' valence to willingness to buy, while the “intentionality dimension” of brand trust had little effect. Furthermore, the findings demonstrate that online customer reviews generated by in-group and out-group reviewers have little effect on purchasing decisions (willingness to buy). These results suggest that marketers should focus more on managing negative online customer reviews that have a damaging effect on brand trust.
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Boyce, Gordon. "The 1890s: Furness Withy's Expansion by Acquisition and Promotion." In The Growth and Dissolution of a Large-Scale Business Enterprise, 35–54. Liverpool University Press, 2012. http://dx.doi.org/10.5949/liverpool/9780986497391.003.0003.

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This chapter follows the actions of the Furness Group during the 1890s, commenting on expansion through acquisition and promotion. In particular, it examines the three expansion methods utilised by Christopher Furness: purchasing firms to acquire their routes and tonnage; entering joint ventures with shipping companies based in Liverpool, London, Hull, and ventures with other industries; and by selling shares in single-ship companies on a larger scale. In doing so, it covers the surge of growth between 1895 and 1901; subsidised services; and the role of branch offices. Finally, it provides a breakdown of the Furness Group’s financial performance between 1892 and 1900. It concludes that Furness’ expansion methods and sharp decision-making were successful and as a result the company flourished while Britain’s trade grew in both volume and complexity.
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Zhang, Aimao, and Han Reichgelt. "Product Complexity as a Determinant of Transaction Governance Structure." In Advances in Electronic Commerce, 40–54. IGI Global, 2008. http://dx.doi.org/10.4018/978-1-59904-822-2.ch003.

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A transaction governance structures (TGS) is a structure that mediates exchanges of goods or services between different agents or production stages (Williamson, 1979, 1981). According to transaction cost economics (TCE), a selection of TGS for the trade of a particular product depends on the characteristics of the transaction, such as asset specificity, uncertainty, and frequency. This article argues that TCE alone is not sufficient to explain the selection of a TGS. Product complexity also plays an important role in explaining why a particular TGS is selected for a particular product. The construct of product complexity originated in the field of industrial marketing and is an important factor in the study of purchasing behaviors of buyers, decision-making processes of suppliers, and dynamic relations between buyers and suppliers. This study integrates industrial marketing with TCE and examines the impact of product complexity on TGS in the context of banking.
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Walton, Christopher. "Practical reasoning and deductive agents." In Agency and the Semantic Web. Oxford University Press, 2006. http://dx.doi.org/10.1093/oso/9780199292486.003.0010.

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In constructing a reactive agent system, we explicitly define the behaviour of each agent. This behaviour is predefined, and dependent on events in the environment. We now consider a more powerful kind of agent that can make decisions on its own, i.e. an agent with proactive behaviour. Our motivation is the construction of agents with capabilities that are closer to the way that we reason as human beings. Our starting point in this approach is to base the internal processes of the agent directly on current understanding of how human reasoning is performed. This is the principle behind the design of a practical reasoning agent. Practical human reasoning is directed towards actions, that is, figuring out what to do. This is different from purely logical reasoning, which is directed towards beliefs. Human reasoning is believed to consist of two distinct phases: 1. The first phase is deliberation, in which we decide what state of affairs to achieve. 2. The second phase is means–ends reasoning, in which we decide how to achieve the desired state of affairs. To better illustrate human reasoning, it is helpful to consider a small example. Suppose that I wish to find a method of transportation in order to get to work each day. I would typically proceed by considering the various available options and weighing up the pros and cons. For example, I may consider travelling by car, but the available parking may be insufficient. This process of decision-making is deliberation. Once I have fixed upon an appropriate method of transport, e.g. by bicycle, then I must decide how to bring about a situation where this method of transport is possible. This process is means–ends reasoning, and the result is a plan of action. For example, my plan may involve: obtaining the money for the bicycle, finding a shop that sells an appropriate bicycle, and then purchasing the bicycle. If I am able to successfully follow the plan, then I will have reached the intended state of affairs, i.e. I will be able to travel to work by bicycle.
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Sahu, Anoop Kumar, Atul Kumar Sahu, and Nitin Kumar Sahu. "Benchmarking of Advanced Manufacturing Machines Based on Fuzzy-TOPSIS Method." In Theoretical and Practical Advancements for Fuzzy System Integration, 309–50. IGI Global, 2017. http://dx.doi.org/10.4018/978-1-5225-1848-8.ch012.

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The evaluation of the most appropriate Computer Numerical Control (CNC) machine tool is found foremost issue for sustaining the advanced manufacturing production units at competitive global market place. In last years, many evaluation parameter/ criteria/ issues (i.e. Cost [C], Tool Length [TL], Tool Diameter [TD], Metal Removal Rate [MRR], X-Y-Z-Axis Movement of Tool [AMT], etc.) carried out into account besides productivity, precision, accuracy, reliability etc prior to purchasing/electing CNC machine tools amongst preferred alternatives. This chapter exhibited a hypothetical case research pertaining to election of CNC machine tool under the qualitative parameter/criteria/issues excluding quantitative, where, subjective (qualitative) criteria are considered beside objective (quantitative) criteria and complexity to elect the best CNC machine tool is solved via subjective assessments of expert's panel also called the group decision making. In present research, TOPSIS algorithmic technique conjunction with Trapezoidal Fuzzy Number set (TFNs) is explored for appraising and benchmarking the preferable CNC machine tool options/ alternatives. Finally, a hypothetical case research is carried out to check the validity of proposed algorithmic technique for proposed module and exhibit the path for benchmarking alternative machine tools. The preferences orders are carried out in accordance with descending value of the ‘collective index'. Higher value of ‘collective index' reflects higher degree of performance.
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