Methods and system to compare different options in a decision making process
A method of comparing a plurality of decision options is provided. The method can include entering a plurality of factors; determining a plurality of decision options based on the plurality of factors; calculating a score for the plurality of factors; ranking each decision option based on the total score of each factor; outputting the rankings for each decision option.
1. A method of comparing a plurality of decision options, said method implemented on a computing device programmable to perform the steps comprising:
entering a plurality of factors;
determining a plurality of decision options based on the plurality of factors through a search of a database by an engine;
calculating a numeric value for the plurality of factors based on the plurality of factors received, the plurality of decision options determined and the information obtained from the search of the database;
calculating a weighted score for each factor of each decision option;
ranking each decision option based on the total score of each factor; and
outputting the rankings for each decision option.
2. A method in accordance with claim 1 further comprising entering factor data for each of the factors.
3. A method in accordance with claim 1 further comprising calculating a numeric value for each of the factors.
4. A method in accordance with claim 1 further comprising entering an importance level for each of the factors.
5. A method in accordance with claim 4 further comprising calculating a weighted score for each of the factors based on the importance level for each of the factors.
6. A method in accordance with claim 5 further comprising calculating a total score for each decision option based on the weighted score of each of the factors.
7. A method in accordance with claim 1 wherein the plurality of decision options include at least one of a plurality of products and services.
8. A computer program embodied on one of non-volatile or volatile media comprising at least one code segment configured to instruct a computer to:
receive a plurality of factors;
determine a plurality of decision options based on the plurality of factors through a search of a database by an engine;
calculate a numeric value for the plurality of factors based on the plurality of factors received, the plurality of decision options determined and the information obtained from the search of the database;
calculate a weighted score for each factor of each decision option;
rank the plurality of decision options based on the total score of each factor; and
output the rank of the plurality of decision options.
9. A computer program in accordance with claim 8 wherein the computer program further comprises at least one code segment configured to receive an importance level for each of the factors.
10. A computer program in accordance with claim 9 wherein the computer program further comprises at least one code segment configured to calculate a weighted score for each of the factors based on the importance level of each of the factors.
11. A computer program in accordance with claim 10 wherein the computer program further comprises at least one code segment configured to calculate a total score for each decision option based on the weighted score of each of the factors.
12. A computer program in accordance with claim 8 wherein the computer program further comprises at least one code segment configured to receive factor data for each of the factors.
13. A computer program in accordance with claim 8 wherein the computer program further comprises at least one code segment configured to calculate a numeric value for each of the factors.
14. A decision making system comprising:
at least one server coupled in communication with at least one first party and at least one second party, the at least one server is configured to:
receive a plurality of factors;
determine a plurality of decision options based on the plurality of factors through a search of a database by an engine;
calculate a numeric value for the plurality of factors based on the plurality of factors received, the plurality of decision options determined and the information obtained from the search of the database;
calculate a weighted score for each factor of each decision option;
rank the plurality of decision options based on the total score of the plurality of factors of each decision option; and
output the rank of the plurality of decision options.
15. A decision making system in accordance with claim 14 wherein the server is further configured to calculate a numeric value for each of the factors.
16. A decision making system in accordance with claim 14 wherein the server is further configured to receive factor data for each of the factors.
17. A decision making system in accordance with claim 14 wherein the server is further configured to determine a plurality of decision options that include at least one of a plurality of products and services.
18. A decision making system in accordance with claim 14 wherein the server is further configured to receive an importance level of each of the factors.
19. A decision making system in accordance with claim 18 wherein the server is further configured to calculate a weighted score for each of the factors based on the importance level for each of the factors.
20. A decision making system in accordance with claim 19 wherein the server is further configured to calculate a total score for each decision option based on the weighted score of each of the factors.