Title :
Developing an Online Finanical Decision Support Module Based on Fuzzy MCDM Method and Open Source Tools
Author_Institution :
Dept. of Logistics & Marketing Manage., Leader Univ., Tainan, Taiwan
Abstract :
Traditional software for solving multiple criterion decision making (MCDM) problem are built in personal computer framework with expensive price. In this paper we propose a free online module for fuzzy MCDM based on VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) method and open source tools. Users can build their own problems by defining fuzzy membership, decision matrix, and weights. Finally, a financial choosing problem of government procurement is discussed to illustrate the convenience and practicability of the proposed system.
Keywords :
decision making; decision support systems; finance; fuzzy set theory; public domain software; VlseKriterijumska Optimizacija I Kompromisno Resenje method; decision matrix; fuzzy MCDM method; fuzzy membership; government procurement; multiple criterion decision making; online financial decision support module; open source tool; personal computer framework; Decision making; Fuzzy systems; Government; Licenses; Logistics; Microcomputers; Open source software; Optimization methods; Packaging; Procurement; Online finanical decision support module; fuzzy VIKOR method; multiple criteria decision making; open source;
Conference_Titel :
Information and Financial Engineering, 2009. ICIFE 2009. International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-0-7695-3606-4
DOI :
10.1109/ICIFE.2009.28
