Mr. Sanchez is trying to decide among three job offers via considering the three objectives. First, of course, is to maximize disposable income — the amount left after paying for housing, utilities, taxes, and other necessities. Second, he likes cold weather and enjoys winter sports. The third objective relates to the quality of the community. Being single, Mr. Sanchez would like to live in a city with many activities and a large population of single professionals. Here are descriptions of the three job offers:

• MPR Manufacturing in Arizona. Disposable income estimate: $1600 per month. Snowfall range: 150 to 320 cm per year. Magazine score for evaluate quality of the community: 50 (out of 100).
• Madison Publishing in Minnesota. Disposable income estimate: $1300 to $1500 per month. Snowfall range: 100 to 400 cm per year Magazine score for evaluate quality of the community: 75. (out of 100).
• Pandemonium Pizza in California. Disposable income estimate: $1200 per month.
  Snowfall range: almost none, Magazine score for evaluate quality of the
  community: 95. (out of 100).
  Mr. Sanchez has already created the decision tree given below to represent the problem.
  Assume that income criteria have a weight of 0.50 and the others are equally important.
  Calculate the overall score for each alternative by using trade-off analysis.

 

Transcribed Image Text:

Disposable Income Snowfall (cm) 100 (0.15) $1500, (0.60) 200 (0.70) 400 (0.15) Madison Publishing 100 (0.15) $1300, 200 (0.70) (0.40) 400 (0.15) 150 (0.15) MPR Manufacturing 230 (0.70) 320 (0.15) Pandemonium Pizza Disposable Income Snowfall (cm) 100 (0.15) $1500, (0.60) 200 (0.70) 400 (0.15) Madison Publishing 100 (0.15) $1300, 200 (0.70) (0.40) 400 (0.15) 150 (0.15) MPR Manufacturing 230 (0.70) 320 (0.15) Pandemonium Pizza

Answer rating: 100% (QA)

MPR Manufacturing in Arizona Expected snowfall Sum of Probability x snowfall across all the scenario... View the full answer