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Software packages for multi-criteria resource allocation

Lourenco, J and Bana e Costa, C A and Morton, Alec (2008) Software packages for multi-criteria resource allocation. In: IEEE International Engineering Management Conference, 2008. IEMC Europe 2008. IEEE, Piscataway, NJ, pp. 1-6. ISBN 9781424422883

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Abstract

In this paper four commercial software packages for multi-criteria resource allocation are analyzed: Equity, HiPriority, Logical Decisions Portfolio and Expert Choice Resource Aligner. The key technical distinction concerns the type of resource allocation procedure used: Equity uses the benefit-to-cost ratio approach, HiPriority also uses the benefit-to-cost ratio approach and an exhaustive enumeration approach, whereas Logical Decisions Portfolio and Expert Choice Resource Aligner use a mathematical programming approach.