The Multiple-Choice Multi-Dimension Knapsack Problem (MMKP) is a variant of the 0-1 Knapsack Problem, an NP-Hard problem. Hence algorithms for finding the exact solution of MMKP are not suitable for application in real time decision-making applications, like quality adaptation and admission control of an interactive multimedia system. This paper presents two new heuristic algorithms, M-HEU and I-HEU for solving MMKP. Experimental results suggest that M-HEU finds 96% optimal solutions on average with much reduced computational complexity and performs favorably relative to other heuristic algorithms for MMKP. The scalability property of I-HEU makes this heuristic a strong candidate for use in real time applications.