Question: Perform a Multi-Atribute Decision analysis using the following utility table and k values. Which combination of Overrun Time and Extra Cost is the best choice?

Perform a Multi-Atribute 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 0 1 40000 1 1.8 0.83 43000 0.8 2.3 0.42 54000 0.79 5.2 0 103000 0.42 132000 0 k1 = 0.73 k2= 0.9

In this question, k1 represents the probability to make the manager against overrun time

k2 represents the probability to make the manager against extra cost

The value of k3 will be

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