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Benefit/Cost Analysis Using AHP

  • Enrique MuEmail author
  • Milagros Pereyra-Rojas
Chapter
  • 1.9k Downloads
Part of the SpringerBriefs in Operations Research book series (BRIEFSOPERAT)

Abstract

In today’s world, there are many decisions to be made at every level of management. Learning to closely examine all benefits, opportunities, costs and risk factors that will affect the decision to launch a project are important skills for decision-makers.

Keywords

Benefit Opportunity Cost Risk (BO/CR) Benefits Hierarchy Comparative Questions Reciprocal Risk Prior Benefit 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Millet, I., & Schoner, B. (2005). Incorporating negative values into the analytic hierarchy process. Computers and Operations Research, 32, 3163–3173.CrossRefGoogle Scholar
  2. Mu, E. (2016). Using AHP BOCR analysis for experiential business education and prioritization of international opportunities. International Journal of Business and Systems Research, 10(2/3/4), 364–393.Google Scholar
  3. Saaty, T. L. (2012). Decision making for leaders: The analytic hierarchy process for decisions in a complex world (Third Revised ed.). Pittsburgh: RWS Publications.Google Scholar
  4. Saaty, T. L., & Ozdemir, M. S. (2004). The encyclicon: A dictionary of decisions with dependence and feedback based on the analytic network process. Pittsburgh, PA: RWS Publications.Google Scholar
  5. Wijnmalen, D. J. D. (2007). Analysis of benefits, opportunities, costs, and risks (BOCR) with the AHP–ANP: A critical validation. Mathematical and Computer Modeling, 46(7/8), 892–905.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.Carlow UniversityPittsburghUSA
  2. 2.University of PittsburghPittsburghUSA

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