Question: Q5. Consider a problem hierarchy with 4 criteria on which the three alternatives are to be judged. For pairwise comparison the first criteria will be

Q5. Consider a problem hierarchy with 4 criteria on which the three alternatives are to be judged. For pairwise comparison the first criteria will be compared against the remaining 3, the second criteria against the remaining 2, the third criteria against the remaining 1 as it is clearly indicated in the given below table.
Take the problem as if it were a zero-sum Game, develop the payoff matrix for this game
Indicate the most appropriate advertising strategy for both firms
Determine the game value
5|Page
Table: 1 Pairwise comparison Matrix for the criteria
Besides, the pairwise comparison matrices of each decision alternative (DA) i.e. B1, B2 and B3) with respect to each criterion are given in the table below:
Based on the above given information:
a. Develop normalized matrices and priority vectors accordingly
b. Which decision alternatives will be selected by you as a decision maker and why?
c. Is there an inconsistency problem? If yes why? If no why not?

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 Accounting Questions!