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 O 1 33000 1 2.6 0.88 39000 0.87 0.44 61000 0.8 5.4 O 102000 0.44 135000 0 k1 = 0.85 k2= 0.77 a. In this question, kl 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
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
