Title: A decision model which considers qualitative factors
Authors: Terry Lynn Payne
Addresses: Oak Ridge National Laboratory, Oak Ridge, Tennessee 37831, USA
Abstract: Today|s key business decisions are frequently based solely on the judgement of |technical experts|. While this may be the ultimate decision point, a more effective method would be to compare the alternative courses of action on the basis of some quantifiable measure. This problem is resolved by developing a mathematical model which includes qualitative factors in the quantitative analysis.
Keywords: decision models; quantitative analysis; qualitative analysis; technology management; mathematical modelling.
International Journal of Technology Management, 1989 Vol.4 No.1, pp.1 - 7
Published online: 26 May 2009 *
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