PLEASE PROVIDE ONLY THE ANSWERS, I DO NOT NEED THE EXPLANATION Problem 14-09 (Al

Question

PLEASE PROVIDE ONLY THE ANSWERS, I DO NOT NEED THE EXPLANATION

Problem 14-09 (Algorithmic)

One advantage of using the multicriteria decision-making methods presented in this chapter is that the criteria weights and the decision alternative ratings may be modified to reflect the unique interests and preferences of each individual decision maker. For example, assume that another graduating college student had the same three job offers described in Section 14.3. This student provided the following scoring model information. Rank the overall preference for the three positions. Which position is recommended?

Ratings Analyst Accountant Auditor Criteria Weight Chicago Denver Houston Career Advancement 5 8 4 5 Location 2 6 6 6 Management 5 6 5 7 Salary 4 8 8 6 Prestige 4 7 5 8 Job Security 2 5 5 9 Enjoyment of the Work 4 6 5 5

Explanation / Answer

5*8=40

So, the Analyst chicago is more preferred by the studend, which have weighted rating score of 6.77.

Scoring Calculations Analyst Accountant Auditor Criteria weight Chicago Denver Houston Career Advancement 5

5*8=40

20 25 Location 2 2*6=12 12 12 Management 5 30 25 35 Salary 4 32 32 24 Prestige 4 28 20 32 Job Security 2 10 10 18 Enjoy the Work 4 24 20 20 Total 26 176 139 166 Score 176/26=6.77 139/26=5.35
166/26=6.38

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