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Decision making tool for Excel
Many years ago I used a software program called Decide Right that allowed a
user to enter outcomes (buy a honda, or buy the chevy, or buy the ford), a set of decision factors (costs the least, gets good gas mileage, easy to maintain), a way to weigh the criteria (cost is more important than easy to maintain) and then a way to rate the factors against the outcomes (honda is "great" for gas but chevy is "good" for gas mileage, etc.), Are there any add ons or excel products for doing this kind of thing in excel? Thanks in advance bmac |
#2
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Decision making tool for Excel
You want to perform a system engineering task called a Trade Study. Google:
trade study template excel -- Gary''s Student - gsnu200859 "bmac" wrote: Many years ago I used a software program called Decide Right that allowed a user to enter outcomes (buy a honda, or buy the chevy, or buy the ford), a set of decision factors (costs the least, gets good gas mileage, easy to maintain), a way to weigh the criteria (cost is more important than easy to maintain) and then a way to rate the factors against the outcomes (honda is "great" for gas but chevy is "good" for gas mileage, etc.), Are there any add ons or excel products for doing this kind of thing in excel? Thanks in advance bmac |
#3
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Decision making tool for Excel
bmac -
I have a rough draft of a chapter for a forthcoming book that describes how to do multiattribute utility using Excel features, along with sensitivity analysis. I'll send a PDF file if you provide an email address. - Mike http://www.MikeMiddleton.com "bmac" wrote in message ... Many years ago I used a software program called Decide Right that allowed a user to enter outcomes (buy a honda, or buy the chevy, or buy the ford), a set of decision factors (costs the least, gets good gas mileage, easy to maintain), a way to weigh the criteria (cost is more important than easy to maintain) and then a way to rate the factors against the outcomes (honda is "great" for gas but chevy is "good" for gas mileage, etc.), Are there any add ons or excel products for doing this kind of thing in excel? Thanks in advance bmac |
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