Question: Problem 14-09 (Algorithmic) Do not answer if you are not surePlease read all the numbers before you answer.Do not answer if you are not surePlease

Problem 14-09 (Algorithmic) Do not answer if you are not surePlease read all the numbers before you answer.Do not answer if you are not surePlease read all the numbers before you answer.

One advantage of using the multicriteria decision-making methods presented in this chapter is that the criteria weights and the decision alternative ratings may be modified to reflect the unique interests and preferences of each individual decision maker. For example, assume that another graduating college student had the same three job offers described in Section 14.3. This student provided the following scoring model information. Rank the overall preference for the three positions. Which position is recommended?

Ratings
Analyst Accountant Auditor
Criteria Weight Chicago Denver Houston
Career Advancement 9 8 4 7
Location 6 5 6 6
Management 9 6 5 9
Salary 8 7 8 7
Prestige 8 9 5 10
Job Security 6 5 5 9
Enjoyment of the Work 8 9 5 7

Scoring Calculations
Analyst Accountant Auditor
Criteria Chicago Denver Houston
Career Advancement fill in the blank 1 fill in the blank 2 fill in the blank 3
Location fill in the blank 4 fill in the blank 5 fill in the blank 6
Management fill in the blank 7 fill in the blank 8 fill in the blank 9
Salary fill in the blank 10 fill in the blank 11 fill in the blank 12
Prestige fill in the blank 13 fill in the blank 14 fill in the blank 15
Job Security fill in the blank 16 fill in the blank 17 fill in the blank 18
Enjoy the Work fill in the blank 19 fill in the blank 20 fill in the blank 21
Score fill in the blank 22 fill in the blank 23 fill in the blank 24

Analyst ChicagoAccountant DenverAuditor Houston

Do not answer if you are not surePlease read all the numbers before you answer.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!