Accession Number:

ADA202068

Title:

A System Costs Planning Decision Support System

Descriptive Note:

Master's thesis

Corporate Author:

NAVAL POSTGRADUATE SCHOOL MONTEREY CA

Personal Author(s):

Report Date:

1988-09-01

Pagination or Media Count:

95.0

Abstract:

This thesis undertakes the task of analysis and design to create a prototype microcomputer-based decision support system for cost planning. System acquisition cost planning is a complex process in which a variety of ill- defined, often conflicting variables influence the decision to be made. Multi- Attribute Utility Theory MAUT offers a Multicriterion decision method to incorporate and quantify these variables in the search for an optimal solution. A decision is defined by the options among which one must choose, the possible outcomes, or consequences. Typically, there exists a measurable preference among various choices when making a decision. This preference is called utility. Microeconomic marginal analysis applied to utility curves generated from MAUT data derivation reveals insights to decision risk assessment and cost planning limitations. In a decision with preferences spread among several goals, the utilities may be assigned different weights to determine overall utility value. This theory of weighted utility is the basis for this prototype. This study envelopes user-oriented analysis and design of a prototype. The microcomputer code is developed for in-house use by decision makers, thus facilitating the management decision process more cost effectively and in less time.

Subject Categories:

  • Economics and Cost Analysis
  • Computer Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE