Weighting and scoring (see Problem and Exercise 13) is only one method for comparing alternative solutions to
Question:
Weighting and scoring (see Problem and Exercise 13) is only one method for comparing alternative solutions to a problem. Go to the library, find a book or articles on qualitative and quantitative decision making and voting methods, and outline two other methods for evaluating alternative solutions to a problem. What are the pros and cons of these methods compared to the weighting and scoring method? Under weighting and scoring and the other alternatives you find, how would you incorporate the opinions of multiple decision makers?
Data from Problem and Exercises 13
The method for evaluating alternatives used in Figure 7-19 is called weighting and scoring. This method implies that the total utility of an alternative is the sum of the products of the weights and ratings of each criterion for the alternative. What assumptions are characteristic of this method for evaluating alternatives? That is, what conditions must be true for this to be a valid method of evaluating alternatives?
Figure 7.19.
Step by Step Answer:
Essentials Of Systems Analysis And Design
ISBN: 9780133469530
5th Edition
Authors: Joseph Valacich, Joey F George