Application of Analytic Hierarchy Process (AHP) to Used Car Residue Ratio

Abstract:

Confirm the value of used car with improved replacement cost method, which involves one of the key parameters of the used car into residue ratio. Calculated by different mathematical model into residue ratio, reflected in the final pricing of used cars, there will be a larger gap. In this article, we will consider several factors to affect the value of a used car. Based on the MATLAB statistical software, performance factors and aggregative factors, analyzes and firm the weight of each performance index in calculating modified coefficients in accord with Analytic Hierarchy Process (AHP). Then modifies residue ratio of used motor vehicles with coefficients and firms the assess price. Finally, it was useful and effective that the improved replacement cost method was proved by some experiences.

• Periodical: Applied Mechanics and Materials (Volumes 543-547)
• Pages: 228-231
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.543-547.228
• Online since: March 2014
• Authors: Dong Ling Xiao*, Jian Ying Dai
• Keywords: AHP, Identified Assessment, Replacement Cost, Residue Ratio, Used Car

References

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