A decision support system for leasing/purchasing decisions

The leasing vs. purchasing decision involves legal, tax, accounting and financial issues. It is a multiple criteria decision problem, which takes into account quantitative and qualitative criteria. The expert knowledge is not available in most small and medium sized businesses. Companies depend on external experts like practising lawyers, finance specialists, tax and leasing advisers. An expert system such as Leasing Advisor, described in this paper, can provide the integration of knowledge from different problem areas to support the decision making process.<
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