Title

A Multiple Criteria Buy Versus Lease Analysis For Government Contracts

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. © 1995 IEEE

Publication Date

1-1-1995

Publication Title

IEEE Transactions on Engineering Management

Volume

42

Issue

3

Number of Pages

278-287

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1109/17.403746

Socpus ID

0029359268 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/0029359268

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