Educational Microsoft Excel Add-ins - Solving Multicriteria Decision Making Problems

There exists wide range of software products to support decision making. Main disadvantage of those software products is that they are commercial and relatively expensive and thus it prevents them to be used by students or researchers. Also they are not suitable from pedagogical point of view. This paper introduces two Microsoft Excel add-ins DAME and FVK that were developed for students to help them understand basic principles of Multicriteria Decision Making. They don’t behave as a black box but display all results of all intermediate calculations which are very important for educational purposes. The proposed software packages are demonstrated on couple of illustrating examples of real life decision problems.