Multicriteria decision-making based on goal programming and fuzzy analytic hierarchy process: An application to capital budgeting problem

Yu-Cheng Tang, Ching Ter Chang

Research output: Contribution to journalArticle

19 Citations (Scopus)


Our objective in this paper is to develop a decision-making model to assist decision-makers and researchers in understanding the effect of multiple criteria decision-making on a capital budgeting investment. This decision-making model helps decision-makers with reducing decision-making time and choosing a suitable decision alternative for a capital budgeting investment within the companies' goals, constraints and strategies. The methods utilized in this paper are goal programming (GP) and fuzzy analytic hierarchy process (FAHP). We demonstrate a case study of the capital budgeting investment by using these two methods in a small car rental company.

Original languageEnglish
Pages (from-to)288-293
Number of pages6
JournalKnowledge-Based Systems
Publication statusPublished - 2012 Feb 1


All Science Journal Classification (ASJC) codes

  • Software
  • Artificial Intelligence
  • Management Information Systems
  • Information Systems and Management

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