Consider the following table: a. Draw hierarchical structure of the decision-making process (Goal, Criteria, and alternatives)...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
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
Expert Answer:
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
Related Book For
Marketing Research An Applied Orientation
ISBN: 978-0136085430
6th edition
Authors: Naresh K Malhotra
Posted Date:
Students also viewed these general management questions
-
Zora Hurston Lightbulbs Etc. uses the FIFO method to find the cost of goods sold and the value of the ending inventory. On June 30, they had sold 128 energy-saving bulbs. What was the cost of goods...
-
Consider two countries, the United States and the United Kingdom that produce only two goods, cloth and wheat. Given the differences in resources between the two countries, the resources necessary to...
-
Audrey has recently purchased a home with a $325,000 mortgage. She opted for monthly payments, a term of 5 years at a rate of 3.2%, and an amortization period of 25 years. Had Audrey chosen, instead,...
-
Julie Eagle, Tami DeBurgo, and Abby Ellis are partners who share losses and gains in a ratio of 2:2:1. Their capital balances are $5,200, $5,700, and $3,700, respectively. The partners are anxious to...
-
In a sample of 500 families, 50 have a yearly income of less than $40,000, 180 have a yearly income of $40,000 to $80,000, and the remaining families have a yearly income of more than $80,000. Write...
-
If the rate of change of force with respect to displacement, \(d f / d x\), is a decreasing function of \(k\), the spring is called a a. soft spring b. hard spring c. linear spring
-
On January 1, 2015, Gundy Enterprises purchases an office for $360,000, paying $60,000 down and borrowing the remaining $300,000, signing a 7%, 10-year mortgage. Installment payments of $3,483.25 are...
-
Prepare a horizontal analysis of the balance sheet data for Nike, using 2026 as a base. (Show the amount of increase or decrease as well.) (Enter amounts in millions. Enter negative amounts and...
-
The plant can make two products, P and Q. Max demand for P= 100 units/week; Max demand for Q = 50 units/week. Four workers, A, B, C, and D, with non-interchangeable skills. Fixed operating expense =...
-
Auditing processes are critical in how we understand the work of government. The GAO periodically publishes a "yellow book" that outlines core perspectives and processes related to auditing. The most...
-
A floating 40-in.-thick piece of ice sinks 1 in. with a \(500-\mathrm{lb}\) polar bear in the center of the ice. What is the area of the ice in the plane of the water level? For seawater, \(S=1.03\).
-
Air flows along a horizontal, curved streamline with a \(20 \mathrm{ft}\) radius with a speed of \(100 \mathrm{ft} / \mathrm{s}\). Determine the pressure gradient normal to the streamline.
-
Air flows smoothly over the hood of your car and up past the windshield. However, a bug in the air does not follow the same path; it becomes splattered against the windshield. Explain why this is so.
-
Extroverts do best in quiet, nonsocial jobs such as computer work, while introverts show the best job performance when they must work and present in front of large groups of people. TRUE/FALSE.
-
A fire hose has a nozzle outlet velocity of \(30 \mathrm{mph}\). What is the maximum height the water can reach?
-
Let P be a set of points in the plane. A point p E P is Pareto-optimal if no other point in P is both above and to the right of p. The Pareto-optimal points can be connected by horizontal and...
-
What are multinational corporations (MNCs) and what economic roles do they play?
-
In investigating the differences between heavy and light or nonusers of frozen foods, it was found that the two largest standardized discriminant function coefficients were 0.97 for convenience...
-
What is the most common use of the covariate in ANCOVA?
-
Develop a questionnaire for determining how students select restaurants. Pretest the questionnaire by administering it to 10 students using personal interviews. How would you modify the questionnaire...
-
The \(T d S\) equation \(T d S=C_{P} d T-T\left(\frac{\partial V}{\partial T} ight)_{P} d P\) is valid where entropy is a function of (a) \(T\) and \(P\) (b) \(P\) and \(V\) (c) \(T\) and \(V\) (d)...
-
The inversion temperature of hydrogen is (a) \(315 \mathrm{~K}\) (b) \(202 \mathrm{~K}\) (c) \(275 \mathrm{~K}\) (d) \(345 \mathrm{~K}\).
-
The inversion temperature of helium is (a) \(460 \mathrm{~K}\) (b) \(40 \mathrm{~K}\) (c) \(620 \mathrm{~K}\) (d) \(823 \mathrm{~K}\).
Study smarter with the SolutionInn App