Integration of Financial and Non-financial Information for Decision-Making by Using Goal Programming and Fuzzy Analytic Hierarchy Process on a Capital Budgeting Investment Case Study

  • Yu-Cheng Tang
  • Ching-Ter Chang
Part of the Smart Innovation, Systems and Technologies book series (SIST, volume 4)


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


Capital Budgeting Fuzzy Analytic Hierarchy Process Goal Programming Decision Making Sensitivity Analysis 


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Copyright information

© Springer Berlin Heidelberg 2010

Authors and Affiliations

  • Yu-Cheng Tang
    • 1
  • Ching-Ter Chang
    • 2
  1. 1.National Changhua University of EducationTaiwan
  2. 2.Chang Gung University 

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