Question: One advantage of using the multicriteria decision-making methods presented in this chapter is that the criteria weights and the decision alternative ratings may be modified

One advantage of using the multicriteria

One advantage of using the multicriteria decision-making methods presented in this chapter is that the criteria weights and the decision alternative ratings may be modified to reflect the unique interests and preferences of each individual decision maker. For example, assume that a graduating college student is considering three job offers. The student provided the following scoring model information. Ratings Criteria Weight Analyst Chicago Accountant Denver Auditor Houston Career advancement 2 7 4 4 Location 5 5 6 4 Management style 5 7 5 7 Salary 4 8 8 4 Prestige 5 6 5 6 Job security 2 3 6 8 Enjoyment of the work 4 7 5 5 Rank the overall preference for the three positions. Criteria Analyst Chicago Accountant Denver Auditor Houston Career advancement 7 x 4 x 4 x Location 5 X 6 x 4 X Management style 7 X 5 x 7 x Salary 8 X 8 x 4 X Prestige 5 X 5 x 6 x Job security 6 6 x 8 x Enjoyment of the work 5 X 5 x 5 x Score 43 x Based on the results above, which position is recommended? Analyst in Chicago Accountant in Denver Auditor in Houston X

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