Use the pairwise comparison matrix for the price criterion as shown in Table 14.8 to verify that
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Question:
Use the pairwise comparison matrix for the price criterion as shown in Table 14.8 to verify that the priorities after synthesization for price are 0.096, 0.284, and 0.619. Compute the consistency ratio and comment on its acceptability. Round your answers to three decimal places.
Price | Accord | Saturn | Cavalier |
Accord | 1 | 1/4 | 1/5 |
Saturn | 4 | 1 | 1/3 |
Cavalier | 5 | 3 | 1 |
λmax =??
Consistency Index =??
Consistency Ratio =??
Since the consistency ratio is (greater/less) than???? , the degree of consistency in the pairwise comparison matrix for price (is/is not) acceptable.
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An introduction to management science quantitative approaches to decision making
ISBN: 978-1111532222
13th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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