Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A person is going to buy a house. There are five important attributes such as Price, Area, Quality, Distance to work, and Location. There are

image text in transcribed

A person is going to buy a house. There are five important attributes such as Price, Area, Quality, Distance to work, and Location. There are three alternatives with the following matrix: Location Quality Distance (Km) Price ($1000) Alternatives Area (m2) A1 100 90 25 A2 120 80 Very good Good Medium 30 Good Very good Good 115 100 20 8 Assume that the pairwise comparisons of the attributes are done via the given following questionnaire and their answers. Attribute High Equality High Attribute preference preference Area 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Price Quality 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Price Distance 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Price Location 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 Price Quality 9 8 7 4 3 2 1 2 3 4 5 6 7 8 9 Area Distance 9 8 7 6 5 4 32 2 3 4 5 6 9 Area Location 9 8 7 6 5 4 3 2 2 3 4 5 6 7 8 9 Area Distance 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Quality Location 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Quality Location 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Distance 6 5 1 7 8 1 For instance, 3 in the second row shows that "Quality" is 3 times more important than "Price". Rank the alternatives by using the AHP method and find the inconsistency ratio for the pairwise comparisons. A person is going to buy a house. There are five important attributes such as Price, Area, Quality, Distance to work, and Location. There are three alternatives with the following matrix: Location Quality Distance (Km) Price ($1000) Alternatives Area (m2) A1 100 90 25 A2 120 80 Very good Good Medium 30 Good Very good Good 115 100 20 8 Assume that the pairwise comparisons of the attributes are done via the given following questionnaire and their answers. Attribute High Equality High Attribute preference preference Area 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Price Quality 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Price Distance 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Price Location 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 Price Quality 9 8 7 4 3 2 1 2 3 4 5 6 7 8 9 Area Distance 9 8 7 6 5 4 32 2 3 4 5 6 9 Area Location 9 8 7 6 5 4 3 2 2 3 4 5 6 7 8 9 Area Distance 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Quality Location 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Quality Location 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8 9 Distance 6 5 1 7 8 1 For instance, 3 in the second row shows that "Quality" is 3 times more important than "Price". Rank the alternatives by using the AHP method and find the inconsistency ratio for the pairwise comparisons

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

101 Recipes For Audit In Psychiatry

Authors: Clare Oakley, Floriana Coccia, Neil Masson, Iain McKinnon, Meinou Simmons

1st Edition

1908020016, 978-1908020017

More Books

Students also viewed these Accounting questions

Question

How can the Internet be helpful in a job search? (Objective 2)

Answered: 1 week ago