Use of a Microcomputer in a Decision Analysis for Investment Portfolio Selection

Abstract

Small businesses have needs and problems Chat are quite similar to those of larger businesses. In the past, some of these problems (such as computer simulation and ‘number crunching tasks) could only be solved on large computers that small businesses could not afford to use, let alone purchase. The coming and ever-increasing use of very lowcost microcomputers in government and industry have now made computing power available to small businesses in convenient and affordable form. This paper discusses the application of a microcomputer to decision making in investment portfolio selection for a small business. The author acted as a consultant to help evaluate the feasibility of this microcomputer-based application.