Question: Perform a Multi - Attribute Decision analysis using the following utility table and k values. Which combination of Overrun Time and Extra Cost is the
Perform a MultiAttribute Decision analysis using the following utility table and k values. Which combination of Overrun Time and Extra Cost is the best choice?
Time Overrun
Utility
Cost
Utility
k
k
In this question, k represents the probability to make the manager against overrun time
k represents the probability to make the manager against extra cost
The value of k will be
Using the decision tree shown, determine the multiattribute utilities at each terminal node for each combination of time and cost.
Use the letters below each cell to identify. Report each response to four decimals. Include a leading zero for example
A
B
C
D
E
Calculate the responses for each probability node shown.
Use the letters below each cell to identify. Report each response to four decimals. Include a leading zero for example
F
G
The combination of Overrun Time and Extra Cost that is the best choice will be overrun time and $ extra cost
Compute the Ranked Order Centroid for Attributes
Report the weights to two decimal places. Include a leading zero for responses between and for example
Attribute Weight
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