Abstract
This paper presents a composite decision support system, COSIMA, programmed in MS Excel. COSIMA provides assistance to the decision maker as concerns complex decisions and strategic planning. The COSIMA software is designed as interconnected modules which make it possible to conduct Cost-Benefit Analysis and Multi-Criteria Analysis (MCA) either in combination or separated. The MCA module is based on the AHP and SMARTER techniques. COSIMA also handles risk analysis using Monte Carlo simulation.
| Original language | English |
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| Publication date | 2007 |
| Publication status | Published - 2007 |
| Event | Puerto Rico International 2007 - INFORMS - Rio Grande, Puerto Rico Duration: 7 Jul 2007 → 10 Jul 2007 |
Conference
| Conference | Puerto Rico International 2007 - INFORMS |
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| Country/Territory | Puerto Rico |
| City | Rio Grande |
| Period | 07/07/2007 → 10/07/2007 |