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 best choice?
perform a Multi-Attribute 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 33000 1
2.6 0.88 39000 0.87
3 0.44 61000 0.8
5.4 0 102000 0.44
135000 0
k1 =0.85
k2 = 0.77
Question 153 pts
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
Question 165 pts
Using the decision tree shown, determine the multi-attribute 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 0.2341)
A=
B=
C=
D=
E=
Question 172 pts
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 0.2341)
F=
G=
Question 182 pts
The combination of Overrun Time and Extra Cost that is the best choice will be [ ]overrun time and $[ ]extra cost
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