Consider the following table: a. Draw hierarchical structure of the decision-making process (Goal, Criteria, and alternatives)...

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Consider the following table: a. Draw hierarchical structure of the decision-making process (Goal, Criteria, and alternatives) b. Use SAW and TOPSIS method to rank the candidate. Assume that all the criteria have the same weight c. Use SAW and TOPSIS method to rank the candidate. Assume that cost is half important than NPV, NPV is 0.5 time of market share, and market share is 2 times important than Prob of success. Project P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 Table 1: Criterions pairwise comparison matrix Cost ($) NPV ($) Prob. success 30,000 40,000 65,000 95,000 100,000 125,000 145,000 165,000 170,000 185,000 200,000 425,000 380,000 400,000 250,000 900,000 800,000 1,000,000 750,000 800,000 950,000 850,000 0.50 0.75 0.25 1.00 0.25 0.75 0.50 0.50 0.75 0.50 0.75 Market share Good Low High Good Good Fair Fair High Good Fair High Consider the following table: a. Draw hierarchical structure of the decision-making process (Goal, Criteria, and alternatives) b. Use SAW and TOPSIS method to rank the candidate. Assume that all the criteria have the same weight c. Use SAW and TOPSIS method to rank the candidate. Assume that cost is half important than NPV, NPV is 0.5 time of market share, and market share is 2 times important than Prob of success. Project P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 Table 1: Criterions pairwise comparison matrix Cost ($) NPV ($) Prob. success 30,000 40,000 65,000 95,000 100,000 125,000 145,000 165,000 170,000 185,000 200,000 425,000 380,000 400,000 250,000 900,000 800,000 1,000,000 750,000 800,000 950,000 850,000 0.50 0.75 0.25 1.00 0.25 0.75 0.50 0.50 0.75 0.50 0.75 Market share Good Low High Good Good Fair Fair High Good Fair High

Answer rating: 100% (QA)

The image shows a table with 11 projects and 4 criteriaCostNPVProbability of successand Market shareThe task is to rank the projects using the AHP methodconsidering different weightings for the criteria Heres how you can approach this 1 Define the hierarchy The first step is to define a hierarchy for the AHPThis typically involves three levels Goal The overall objective which in this case is to rank the projects Criteria The factors that are important for achieving the goal which are Cost NPV Probability of success and Market share ... View the full answer