Multi-Criteria Decision Support Systems. Comparative Analysis

Baizyldayeva, Uldana; Vlasov, Oleg; Kuandykov, Abu A.; Akhmetov, Turekhan B.
October 2013
Middle East Journal of Scientific Research;10/24/2013, Vol. 16 Issue 12, p1725
Academic Journal
In a highly competitive business environment the right decision may bring success to a company while the wrong one may lead to collapse. Making the right choice is a difficult task, especially if there are multiple criteria. Therefore companies to remain competitive in a highly-demanding market have to know how to make decisions right. This article aims to compare existing computerized multi-criteria decision support systems and provide recommendations on implementing them in Kazakhstan. Analysis includes review of multi-objective decision making methods and tools available to facilitate the work of decision makers, selection a group of DSS software to study, comparing the key characteristics of selected multi-criteria DSSs, identifying the best alternative(s) and providing final recommendations for accepting such tools by decision makers in Kazakhstan. Authors of the article have selected and analyzed 10 decision-making software packages and developed their suggestions on adopting them in Kazakhstan. Results and conclusion were summarized in the article.


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