Question: Problem 3 ( 3 0 Points ) A highway project under consideration has three major factors for decision making: 1 ) initial construction cost, 2
Problem Points
A highway project under consideration has three major factors for decision making: initial
construction cost, commuter time savings, and residential displacement. Their range
appears to be:
Initial construction cost: $ C $
Commuter time savings: hrsday S hrsday
Residential displacement: D families
You have determined the single attribute utility for each of the three objectives: Cost C
Time savings S and Residential displacement D as:
U
You have also find that kC
kS
kD
Determine which of the following project is preferred using multiattributes utility formula:
aC S D or
bC S D
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