Question: For this individual assignment, please complete two different decision models on the same consideration set of choice options that you, yourself, determine. Pick a product
For this individual assignment, please complete two different decision models on the same consideration set of choice options that you, yourself, determine.
Pick a product category that you arewould be interested in choosing from that are:
a a higheffort choice for you this may vary by person, but pick something you would choose vemy carefully and with a lot of thought and
b reasonably complex, that is each option can be described along shared attribute dimensions. These attribute dimensions should be objective like cost size, star rating, battery life.... rather than subjective such as "liking" of the brand The attribute dimensions should also be on an interval or ordinal scale eg price in dollars; rank in some product test and NOT categorical eg attributes like "does job offer Ik yes or no; or "color: red, green, or blue" CANNOT be used.
Suitable categories may be cars, bikessportstech equipment, grad school programs, apartments, or postgrad jobs, but you can use any higheffort choice.
Identify alternatives to consider. These alternatives must have some variance on the attributes comparing bikes that all cost $ makes price meaningless! I point
a Complete the table below with your options, name each attribute, and indicate for each attribute which end is better eg for a mattress, a key attribute may be softness, so specify if softer better or harder better Rank the attributes from most important row least important row
b Fill in the value for each optiften for each attribute. Please do the necessary research and fill in real values
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