Question: Problem 14-09 (Algorithmic) One advantage of using the multicriteria decision-making methods presented in this chapter is that the criteria weights and the decision alternative ratings
Problem 14-09 (Algorithmic)
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 Auditor Analyst Accountant Weight Criteria Chicago Denver Houston Career Advancement 6 8 6 4 Location 4 5 4 Management 6 6 5 Salary 7 7 4 Prestige 6 Job Security 8 4 6 Enjoyment of the Work 7 5 Scoring Calcu lations Analyst Accountant Auditor Chicago Criteria Houston Denver Career Advancement Location Management Salary Prestige Job Security Enjoy the Work Score Enjoy the Work Analyst Chicago Accountant Denver Auditor Houston Analyst Chicago
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
