Applying Grey Relational Analysis to Find Interactions between Manufacturing and Logistics Industries in Taiwan

作者: Ghi-Feng Yen , Peng Jiang , Yi-Chung Hu

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摘要: The development of manufacturing and logistics industries is an important economic index plays a significant role in developed countries. In Taiwan, both have continuously the past few decades, their has become interdependent. For instance, the transportation demand impact on the development industries. To effectively foster the these two sectors Taiwan, it necessary to identify relationships between them. Grey relational analysis with entropy calculation reveals some interesting findings. (1) main factor driving industry is employment compensation. (2) the manufacturing sector length roads. (3) A fairly strong interaction exists between industries.JEL classification numbers: C33, L60, L90Keywords: logistics, manufacturing, multiple criteria decision making, grey relational analysis, entropy.

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