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

a. 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 ___________.

b. 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 =

c. 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 =

d. The combination of Overrun Time and Extra Cost that is the best choice will be _______ overrun time and $ _________ extra cost.