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

Draw Decision Tree :

Question 153pts

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 165pts

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 172pts

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 182pts

The combination of Overrun Time and Extra Cost that is the best choice will be [ ] overrun time [ ] and [ ] $extra cost