Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Choose the best car by considering Price, Speed and Reliability criteria. Use AHP method for your computations. Answer all questions below. 1) Calculate priority vector
Choose the best car by considering Price, Speed and Reliability criteria. Use AHP method for your computations. Answer all questions below. 1) Calculate priority vector for Criteria matrix. 2) Calculate the Consistency Ratio for Criteria matrix. 3) Calculate priority vector for Price, matrix. 4) Calculate the Consistency Ratio for Price matrix. 5) Calculate priority vector for Speed matrix. 6) Calculate the Consistency Ratio for Speed matrix. 7) Calculate priority vector for Reliability matrix. 8) Calculate the Consistency Ratio for Reliability matrix. 9) Which car will you select? Why? Price Criteria Price Speed Reliability 1 1/3 4 Speed 3 1 5 Reliability 1/4 1/5 1 Car-1 1 Price Car-1 Car-2 Car-3 Car-1 1 1/2 1/4 Car-2 Car-3 2 4 1 1 1 1 Speed Car-1 Car-2 Car-3 Car-2 4 1 1/6 Car-3 9 6 Reliability Car-1 Car-2 Car-1 1/4 Car-2 4 1 Car-3 7 4 Car-3 1/7 1/4 1 1/4 1/9 1 RI: 1 6 2 3 4 5 7 8 0.00 0.00 0.58 0.90 1.12 1.241.32 1.41 9 10 11 12 1.45 1.49 1.51 1.48 13 14 15 1.56 1.57 1.59 Choose the best car by considering Price, Speed and Reliability criteria. Use AHP method for your computations. Answer all questions below. 1) Calculate priority vector for Criteria matrix. 2) Calculate the Consistency Ratio for Criteria matrix. 3) Calculate priority vector for Price, matrix. 4) Calculate the Consistency Ratio for Price matrix. 5) Calculate priority vector for Speed matrix. 6) Calculate the Consistency Ratio for Speed matrix. 7) Calculate priority vector for Reliability matrix. 8) Calculate the Consistency Ratio for Reliability matrix. 9) Which car will you select? Why? Price Criteria Price Speed Reliability 1 1/3 4 Speed 3 1 5 Reliability 1/4 1/5 1 Car-1 1 Price Car-1 Car-2 Car-3 Car-1 1 1/2 1/4 Car-2 Car-3 2 4 1 1 1 1 Speed Car-1 Car-2 Car-3 Car-2 4 1 1/6 Car-3 9 6 Reliability Car-1 Car-2 Car-1 1/4 Car-2 4 1 Car-3 7 4 Car-3 1/7 1/4 1 1/4 1/9 1 RI: 1 6 2 3 4 5 7 8 0.00 0.00 0.58 0.90 1.12 1.241.32 1.41 9 10 11 12 1.45 1.49 1.51 1.48 13 14 15 1.56 1.57 1.59
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started