Friday, 8 February 2008

Issue 11, Volume 4, November 2007 for Comments, Questions, Discussion ...

Title of the Paper: An Integrated Two-Phased Decision Support System for Resource Allocation

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Authors: Chang-Kyo Suh

Abstract: This paper concerns the design of decision support systems (DSSs) which help financial managers in evaluating proposals for strategic and long-range planning. With the proposed two-phased DSS, projects are first selected from a given pool according to greedy heuristics based on the project�s preferences as well as the project�s efficiency. Then, integer programming with an approximation algorithm is used in the second phase to re-evaluate those proposed projects which met the first phase criteria.


Keywords: Decision Support System, Resource Allocation, Analytic Hierarchy Process, Project Preference

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