DDM - DECISION-SUPPORT SYSTEM FOR HIERARCHICAL DYNAMIC DECISION-MAKING

A simulation-based decision support system for AHP (Analytic Hierarchy Process) is presented in this paper. The software, named DDM (Dynamic Decision Making), is applicable to dynamic decision scenarios where p robabilistic interactions exist between the factors in the AHP hierarc hy. Decision scenarios are generated using probability information spe cified by the user. The output of the simulation is the relative frequ ency of the selection of each alternative rather than a single final s election. The decision maker will evaluate the distribution histogram and make final selection based on his or her own inherent disposition to risk. DDM can be used for forecasting or for evaluating strategic p lanning options.