The values for three alternatives considered against four criteria are given in Table P14-5 (with higher numbers
Question:
a. Satisficing
b. Dominance
c. Lexicography, with rank-order of attributes, 2 > 3 > 1 > 4
Transcribed Image Text:
TABLE P14-5 Matrix of Outcomes for Problem 14-5 Alternative Criterion A B Ideal Min. Standard 75 50 10 100 50 70 30 fair 0 80 40 35 4 good poor excellent excellent
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a Assume ideal means maximum Attribute A for alternatives 2 and 3 is acceptable 70 A 100 Attribu...View the full answer
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Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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