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Application of the analytic hierarchy process (AHP) for selection of forecasting software

Pekin, Altuğ and Özkan, Gamze and Eski, Onur and Karaarslan, Umut and Ertek, Gürdal and Kılıç, Kemal (2006) Application of the analytic hierarchy process (AHP) for selection of forecasting software. In: International Symposium On Intelligent Manufacturing Systems- IMS 2006, Sakarya

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Abstract

In this paper, we described an application of the Analytic Hierarchy Process (AHP) for the ranking and selection of forecasting software. AHP is a multi-criteria decision making (MCDM) approach, which is based on the pair-wise comparison of elements of a given set with respect to multiple criteria. Even though there are applications of the AHP to software selection problems, we have not encountered a study that involves forecasting software. We started our analysis by filtering among forecasting software that were found on the Internet by undergraduate students as a part of a course project. Then we processed a second filtering step, where we reduced the number of software to be examined even further. Finally we constructed the comparison matrices based upon the evaluations of three “semi-experts”, and obtained a ranking of forecasting software of the selected software using the Expert Choice software. We report our findings and our insights, together with the results of a sensitivity analysis.

Item Type:Papers in Conference Proceedings
Uncontrolled Keywords:Management information systems; decision support systems; enterprise systems.
Subjects:T Technology > TJ Mechanical engineering and machinery
ID Code:1213
Deposited By:Altuğ Pekin
Deposited On:19 Dec 2006 02:00
Last Modified:29 Aug 2007 09:45

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