Develop and evaluate a trade study to purchase an item using real products that you can find
Question:
Develop and evaluate a trade study to purchase an item using real products that you can find online (including references): 1. Build a consequence table. Include at least three alternatives and at least three attributes. At least 3 alternatives, at least 3 attributes/objectives Attributes cannot be identical to the tablet example from class Check for dominance and remove, but make sure there are 3 non-dominated alternatives Fill in the values in the consequence table using real data. 2. Develop a multi-attribute value model with mid-value splitting You may assume an additive value function for this exercise (use at least 5 points). 3. Choose weights (c1, c2, and c3). Since we only covered developing weights for two attributes, you do not need to use a formal method, but at least provide a justification for your weights based on the relative values of the attributes. (e.g., the differences in price were small, so I gave the price low weight, I am willing to pay a lot to gain performance, etc.) 4. Use your value functions to evaluate the alternatives and make a selection. 5. Choose a single attribute and perform a one-way sensitivity analysis over that attribute.