Title

A Multiple Criteria Buy Versus Lease Analysis For Government Contracts

Authors

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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