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1. Suppose you are assessing the merits of multiple designs of pillows based on durability, shape, and comfort. Use the table below to answer the

1. Suppose you are assessing the merits of multiple designs of pillows based on durability, shape, and comfort.

Use the table below to answer the following questions. You should set up and solve this question using excel

Benefits

Design

Cost

Durability

Shape

Comfort

A

10000

92

0

0

B

12553

60

100

26

C

17000

0

7

18

D

8000

17

30

22

E

11561

77

15

70

F

11000

15

0

81

G

13619

85

53

100

Weight

78

24

79

1a. What would the normalized weights for each benefit? Report your response to 2 decimal places.

Durability =

Shape =

Comfort =

1b. Use the normalized weights to find the aggregate benefit for each design. Report your response to one decimal place

A=

B=

C=

D=

E=

F=

G=

1c. If the design has the worst Shape (only), it's benefit score would be? Report your answer to one decimal place

1d. If the design has the best Durability and the worst Shape and Comfort, We would be willing to pay ______________ for the extra _____________ benefit points

1e. Suppose you are willing to pay $8000 more to move from the least desirable to the most desirable design.

The best design would be design_____________________

Solve with normalized weights.

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