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2. AHP technique A company is going to purchase a machine for its new project. Following table shows the data collected for the possible
2. AHP technique A company is going to purchase a machine for its new project. Following table shows the data collected for the possible machines' specifications. Machine 1 Price in $ 1,000,000 Production rate 300/hr Reliability 6 Machine 2 800,000 250/hr 8 Machine 3 500,000 100/hr 3 The score of the reliability was measured in the scale of 1 (worst) to 10 (excellent). The higher reliability machine is better than the lower reliability one. The company want to use the following scale for the weight of importance. Price (30%), Production rate (40%), Reliability (30%) Based on the information, please select one machine for the project using AHP technique. For the score assignments for your evaluation, you can use your own score, but it must be based on the data provided.
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