Question: A decision is being made to select the best contractor (out of the three contenders) based on three criteria: experience, tender price and technique. Using

 A decision is being made to select the best contractor (out

A decision is being made to select the best contractor (out of the three contenders) based on three criteria: experience, tender price and technique. Using the AHP technique, a diagram has been produced as below. Selecting a Contractor 1.0 Experience Tender Price Technique 0.3196 0.5584 0. 1220 Contractor A (0.2418) Contractor A (0.6044) Contractor A (0.5443) Contractor B (0.0915) Contractor B (0.2626) Contractor B (0.2329) Contractor C (0.6667) Contractor C (0.1330) Contractor C (0.2228) According to the diagram, what is the most important criterion in evaluating the contractors? O Tender price Cannot be determined Experience O Technique

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!