Developing an Online Finanical Decision Support Module Based on Fuzzy MCDM Method and Open Source Tools

  • Authors:
  • Ziping Chiang

  • Affiliations:
  • -

  • Venue:
  • ICIFE '09 Proceedings of the 2009 International Conference on Information and Financial Engineering
  • Year:
  • 2009

Quantified Score

Hi-index 0.00

Visualization

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.