Application of Multiple Criteria Methods to Investment Project Selection - a Case Study
DOI:
https://doi.org/10.18559/SOEP.2018.3.6Keywords:
Case study, Investment analysis, Investment decisions, Investment consulting, InvestmentAbstract
The article is devoted to the project selection problem. A case study is presented, illustrating the procedure, which was applied to select an expensive production equipment - laser punching. The selection process consisted of two stages: (1) functional and technical parameterization, (2) the selection of a particular machine (puncher). The goal of the paper is to describe the advantages and disadvantages of the procedure applied in practice and to present in what way multiple criteria approach can be used for solving the problem. Taking into account the real decision process, the requirements for decision aiding procedure are formulated. An proposal of such method is also presented. The method takes into account that the decision is made collectively (group decision making).Downloads
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