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A company is screening ideas for new services. Five alternative service ideas ar

ID: 444974 • Letter: A

Question

A company is screening ideas for new services. Five alternative service ideas are being considered. Management identified four criteria and weighted them as follows: A = 30, B = 10, C = 20, and D = 40. They have also come up with scored values for the five alternatives and the four criteria as shown following. Management has decided that if an alternative has less than a total scored value of 600, it should automatically be rejected. Use the preference matrix technique to determine which idea should be accepted.

ALTERNATIVES

Criteria

1

2

3

4

5

A

8

5

3

7

5

B

7

3

6

6

4

C

2

4

5

3

3

D

4

5

2

3

8

ALTERNATIVES

Criteria

1

2

3

4

5

A

8

5

3

7

5

B

7

3

6

6

4

C

2

4

5

3

3

D

4

5

2

3

8

Explanation / Answer

None of the alternatives are selected as the weights of all the 5 alternatives are less than 600 as shown below.

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