Open Science Research Excellence
@article{(International Science Index):http://waset.org/publications/9999269,
  title    = {Decision Analysis Module for Excel},
  author    = {Radomir Perzina and  Jaroslav Ramik},
  country   = {Czech Republic},
  institution={Silesian University in Opava, School of Business Administration in Karvina},
  abstract  = {The Analytic Hierarchy Process is frequently used
approach for solving decision making problems. There exists wide
range of software programs utilizing that approach. Their main
disadvantage is that they are relatively expensive and missing
intermediate calculations. This work introduces a Microsoft Excel
add-in called DAME – Decision Analysis Module for Excel.
Comparing to other computer programs DAME is free, can work
with scenarios or multiple decision makers and displays intermediate
calculations. Users can structure their decision models into three
levels – scenarios/users, criteria and variants. Items on all levels can
be evaluated either by weights or pair-wise comparisons. There are
provided three different methods for the evaluation of the weights of
criteria, the variants as well as the scenarios – Saaty’s Method,
Geometric Mean Method and Fuller’s Triangle Method.
Multiplicative and additive syntheses are supported. The proposed
software package is demonstrated on couple of illustrating examples
of real life decision problems.
},
    journal   = {International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering},  volume    = {8},
  number    = {9},
  year      = {2014},
  pages     = {2906 - 2909},
  ee        = {http://waset.org/publications/9999269},
  url       = {http://waset.org/Publications?p=93},
  bibsource = {http://waset.org/Publications},
  issn      = {eISSN:1307-6892},
  publisher = {World Academy of Science, Engineering and Technology},
  index     = {International Science Index 93, 2014},
}