Question: I want to solve this question? Decision makingIE 0 2 0 2 DECISION ANALYSIS Homework - 3 The table below shows the evaluation results according
I want to solve this question? Decision makingIE DECISION ANALYSIS
Homework
The table below shows the evaluation results according to different criteria for different jobs applied for.
tableObjectivesWork ABusiness BBusiness CWork DWork EMonthly Salary,$$$$$tableFlexibility of the WorkScheduleMiddle,Low,High,Middle,NotableDevelopment of BusinessCapabilitiesComputer,tablePersonnelmanagementcomputertableOperationscomputerOrganization,tableTimemanagementmultitaskingAnnual Vacation Period,BenefitstableHealthteethRetirementtableHealthdentalHealth,tableHealthRetirementtableHealthdentalContentmenttableVeryhighHigh,High,Very high,Boring
a Determine the best business option using simple methods at least methods from MultiCriteria Decision Making Methods.
b Excluding the criteria "Development of Business Capabilities" and "Benefits";
i "Monthly salary": exponential onedimensional value function median value $
ii "Annual vacation time": exponential onedimensional value function median value
iii. "Flexibility of the w or schedule": the flexibility between "medium" and "high" is the value of the increase in three times the increase in value between "low" and "medium",
iv "Contentment": The increase in satisfaction between "high" and "very high" is twice the increase between "boring" and "high"
assume. Identify the best business alternative using the MultiCriteria Theory of Value approach.
c If the weights of the criteria in b are respectively, determine the best business alternative using the "Simple sum weighting" and "Weighted product" methods.
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