Paper Info
Title
A hybrid approach using the analytic hierarchy process and integer programming to screen weapon systems projects
Abstract
Screening weapon systems development projects is a complex, multicriteria decision problem that must be accomplished within a constrained resource environment. This paper presents a hybrid decision support methodology for use in the screening of weapon systems development projects. The hybrid methodology integrates the analytic hierarchy process (AHP) with a 0-1 integer portfolio optimization model. An AHP component allows the decision maker to incorporate qualitative and intangible criteria. into the decision-making process and use the priority rankings of the AHP to represent a measure of value in the 0-1 integer model objective function. The-hybrid methodolpgy is extremely flexible and the decision maker can tailor both the AHP and the 0-1 integer optimization model to represent a specific decision-making situation. To fully appreciate the added value of implementing the hybrid screening methodology, a group of Air Force decision makers applied the hybrid methodology to a realistic weapon-systems project screening activity. Results indicate that decision support provided by the methodology could lead to substantial improvements in a weapon-systems portfolio value.
Year
DOI
Venue
2003
10.1109/TEM.2003.810827
IEEE Trans. Engineering Management
Keywords
Field
DocType
analytic hierarchy process, integer programming, research and development (R&D) management, R&D project selection, weapon systems
Decision problem,Systems engineering,Decision support system,Added value,Portfolio optimization,Integer programming,Decision theory,Engineering,Analytic hierarchy process,Management science,Project management
Journal
Volume
Issue
ISSN
50
2
0018-9391
Citations 
PageRank 
References 
15
1.17
2
Authors
5
Name
Order
Citations
PageRank
Michael A. Greiner1151.17
John W. Fowler21185129.85
Dan L. Shunk3615.30
W. Matthew Carlyle4151.17
Ross T. McNutt5151.17