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please explain how you got each part! thanks 4. Rebecca will graduate from Krann

ID: 375205 • Letter: P

Question

please explain how you got each part! thanks


4. Rebecca will graduate from Krannert with a major in accounting next semester and has obtained five job offers. The related information is shown in the table below. Rebecca is considering her job offers to make a decision. She would like a high salary, lots of vacation, and a high percentage bonus. Her family is important to her so she would like to be close to them. SALARY DAYYEAR | OFFER VACATION BONUS 1%) DISTANCE TO FAMILY (MILES 40000 45000 45000 50000 50000 15 10 12 10 50 50 100 100 Find the Efficient Solutions

Explanation / Answer

From the given alternatives A will be rule out becuse here all the conditional variables put by Rebecca is not fulfilling.

From B and C distance is similar but in C she has more vacation but bonus is lower than all alternatives.So as a rational individual she will not choose C.

From D and E salary is higher than all alternatives but distance is also higher. For the higher salary and distance is not much more she will choose an option from these two. If we compare D and E, D seems to be better alternative because here vacation is also modest i.e.10 days per year and bonus is also higher than E. She should choose D.