A decision support system for leasing/purchasing decisions

Author

Neuhaus, Dirk ; Lusti, Markus

Author_Institution

Dept. of Comput. Sci., Basel Univ., Switzerland

fYear

1994

fDate

1-4 Mar 1994

Firstpage

486

Lastpage

487

Abstract

The leasing vs. purchasing decision involves legal, tax, accounting and financial issues. It is a multiple criteria decision problem, which takes into account quantitative and qualitative criteria. The expert knowledge is not available in most small and medium sized businesses. Companies depend on external experts like practising lawyers, finance specialists, tax and leasing advisers. An expert system such as Leasing Advisor, described in this paper, can provide the integration of knowledge from different problem areas to support the decision making process

Keywords

decision support systems; expert systems; financial data processing; purchasing; Leasing Advisor; accounting issues; decision support system; expert knowledge; expert system; external experts; financial issues; knowledge integration; leasing/purchasing decisions; legal issues; medium sized businesses; multiple criteria decision problem; qualitative criteria; quantitative criteria; small businesses; tax issues; Asset management; Companies; Computer science; Contracts; Decision making; Decision support systems; Expert systems; Finance; Knowledge engineering; Manufacturing;

fLanguage

English

Publisher

ieee

Conference_Titel

Artificial Intelligence for Applications, 1994., Proceedings of the Tenth Conference on

Conference_Location

San Antonia, TX

Print_ISBN

0-8186-5550-X

Type

conf

DOI

10.1109/CAIA.1994.323626

Filename

323626