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Solving Multicriteria Decision Making Problems using Microsoft Excel

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F14%3A%230002940" target="_blank" >RIV/47813059:19520/14:#0002940 - isvavai.cz</a>

  • Result on the web

    <a href="http://mme2014.upol.cz/conference-proceedings" target="_blank" >http://mme2014.upol.cz/conference-proceedings</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Solving Multicriteria Decision Making Problems using Microsoft Excel

  • Original language description

    The Analytic Hierarchy Process is frequently used approach for solving decision making problems. There exists wide range of software utilizing that ap-proach. Main disadvantage of those software products is that they are commercial and relatively expensive and thus it prevents them to be used by small companies, students or researchers. This paper introduces a Microsoft Excel add-in called DAME. Comparing to other programs DAME is free, can work with scenarios or multiple decision makers, allows for easy manipulation with data and utilizes capabilities of Microsoft Excel. Users can structure their decision models into three levels - scenarios/users, criteria and variants. There are provided three different methods for the evaluation of the weights of criteria, the variants as well as the scenarios/users - Saaty's Method, Geometric Mean Method and Fuller's Triangle Method. Multiplicative and additive syntheses are supported. All calculations are instant so users can easily see what hap

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    BB - Applied statistics, operational research

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GA14-02424S" target="_blank" >GA14-02424S: Methods of operations research for decision support under uncertainty</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    32nd International Conference Mathematical Methods in Economics MME 2014 Conference Proceedings

  • ISBN

    978-80-244-4209-9

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    777-782

  • Publisher name

    Palacký University, Olomouc

  • Place of publication

    Olomouc

  • Event location

    Palacký University, Olomouc

  • Event date

    Sep 10, 2014

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article