A Multiple Criteria Buy Versus Lease Analysis For Government Contracts

    Authors

    M. Mollaghasemi; J. Petedwards;U. Gupta

    Comments

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    Abbreviated Journal Title

    IEEE Trans. Eng. Manage.

    Keywords

    ANALYTIC HIERARCHY PROCESS; WEIGHTS; AHP; Business; Engineering, Industrial; Management

    Abstract

    In this paper, we describe our experiences with a real world case study that involved a buy versus lease decision for a government agency, The study was divided into two major parts: 1) The financial implications of buy versus lease, and 2) a multicriteria decision making (MCDM) model that explored the impact of both the tangible and intangible factors in a buy versus lease decision, The selected MCDM approach was the analytic hierarchy process (AHP). Our study concluded that the lease option can be beneficial to both parties if the subjective criteria are considered.

    Journal Title

    Ieee Transactions on Engineering Management

    Volume

    42

    Issue/Number

    3

    Publication Date

    1-1-1995

    Document Type

    Note

    Language

    English

    First Page

    278

    Last Page

    287

    WOS Identifier

    WOS:A1995RP78900010

    ISSN

    0018-9391

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