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MADM Models for Decision Making in Acquisitions
Author(s) -
Dorin D. M. BANCIU,
Mihaela RESTEANU
Publication year - 2011
Publication title -
studies in informatics and control
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.321
H-Index - 22
eISSN - 1841-429X
pISSN - 1220-1766
DOI - 10.24846/v20i3y201112
Subject(s) - computer science
In this paper some methodological aspects of taking decisions and the MADM model are brought to the reader’s attention. The model is described in detail and its solving will refer to the Onicescu method. The application developed by the authors is an example of optimal products, services, and works acquisition. The optimization makes use of OPTCHOICE – pervasive software for MADM modeling and optimal choice problems solving.

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