1) In this question, k1 represents the probability to make the manager ___ against overrun time.

k2 represents the probability to make the manager ___ against extra cost.

The value of k3 will be____.

2) Using the decision tree shown, determine the multi-attribute utilities at each terminal node for each combination of time and cost.

Use the letters below each cell to identify. Report each response to four decimals. Include a leading zero ( for example 0.2341)

A=__, B=___, C=___, D=__, E=___?

3) Calculate the responses for each probability node shown. Use the letters below each cell to identify. Report each response to four decimals. Include a leading zero ( for example 0.2341) F=___, G=___?

4) The combination of Overrun Time and Extra Cost that is the best choice will be ___ overrun time and $ ____ extra cost.

Perform a Multi-Atribute Decision analysis using the following utility table and k values. Which combination of Overrun Time and Extra Cost is the best choice? Time Overrun Utility Cost Utility 0 1 29000 1 2.8 0.87 43000 0.85 3.1 0.44 50000 0.74 5.7 0 110000 0.47 1330000 k1 = 0.78 k2= 0.5 Time SS 0 110000 0.18 28 113000 1: 0 29000 03 I 21 43000 04 D 03 5. S0000 -1 Perform a Multi-Atribute Decision analysis using the following utility table and k values. Which combination of Overrun Time and Extra Cost is the best choice? Time Overrun Utility Cost Utility 0 1 29000 1 2.8 0.87 43000 0.85 3.1 0.44 50000 0.74 5.7 0 110000 0.47 1330000 k1 = 0.78 k2= 0.5 Time SS 0 110000 0.18 28 113000 1: 0 29000 03 I 21 43000 04 D 03 5. S0000 -1