•Questions marked with?are wrong! •Question marked with?are Right! ———PLEASE COR
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•Questions marked with?are wrong! •Question marked with?are Right! ———PLEASE CORRECT WRONG ANSWERS——— ***READ And follow all directions***Please answer questions with the answers and put the answers in the picture where they belong
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Please answer questions with the answers and put the answers in the picture where they belong
Answers only Please don’t make it confusing Please be clear Please write or type neatly 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 Accountant Denver Analyst Auditor Criteria Career Advancement Location Management Salary Prestige ob Enjoyment of the Work Weight Chicago Houston 10 Security 7
Explanation / Answer
398/54
=7.37
So the overall preference ranking & rating of each position out of 10 is
1) Auditor at Houston (7.82/10)
2) Analyst at Chicago (7.37/10)
3) Accountant at Denver (5.43/10)
Score Calculations Ratings*Weights Analyst Accountant Auditor Criteria Weight Chicago Denver Houston Career Advancement 8 64 32 56 Location 7 42 42 42 Management 9 63 45 81 Salary 8 64 64 56 Prestige 7 63 35 7 Job Security 6 30 30 54 Enjoyment of the work 9 72 45 63 Sum of weights 54 Score= Sum(Weight*Rating)/sum of weights398/54
=7.37
293/54 = 5.43 422/54 = 7.82Related Questions
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