Tom, David, Dale, and Murdock are four business students who want to rent a four- bedroom apartment
Question:
Tom, David, Dale, and Murdock are four business students who want to rent a four- bedroom apartment together for the fall semester. They have identified the three factors important to them in choosing a location for their apartment: proximity to campus, cost of rent, and quality of common areas (pool, clubhouse, fitness facil- ity). Based on information supplied by real estate agents, the friends have rated three possible apartment locations on these factors, where 1 means worst and 10 means best:
While the four friends can agree on what factors are important, they don't agree on which of the three factors is more important than the remaining factors. Using a weighting scale in which all three factor weights add up to 1.0, Tom and David agree that the quality of common areas is the most important factor and should receive a weight of 0.6. Tom and David both agree that proximity to campus should have a weight of 0.2 and cost of rent a weight of 0.2. Dale, however, doesn't own a car, so he gives proximity to campus a weight of 0.75. Dale then weights cost of rent at 0.2 and quality of common areas at 0.05. Murdock says that all three factors are equally important to him; he has no favorites.
a. What weighted score would Tom or David give to La Mancha Apartments?
b. What weighted score would Murdock give The Garden Apartments?
c. Which apartment location would Dale prefer?
d. Does anyone other than Tom and David agree on which apartment to rent?
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