Question
Dear Expert, Please precisely describe what additional information is required. Thank you! Using AHP analysis, select the best vacation home based on the four decision
Dear Expert,
Please precisely describe what additional information is required. Thank you!
Using AHP analysis, select the best vacation home based on the four decision criteria and their associated priorities/weights listed below.
Vacation property A is a 3-hour drive from home, has average quality swimming, should be relatively low maintenance (about $500 per summer), with a purchase price of $200,000.
Vacation property B is a 5-hour drive from home, has good quality swimming but will require a little more maintenance (about $725 per summer). Its purchase price is $175,000.
Vacation property C is a four-hour drive from home has great water for swimming but is a little heavy on the maintenance ($1250) per summer. Its purchase price is $300,000.
Using travel time (quantitative), maintenance cost (quantitative) and swimming quality (qualitative) and cost (quantitative) as the four decision criteria, complete an AHP analysis to select the best vacation home: A, B or C. Be sure to complete all consistency ratio (CR) calculations and make adjustments if necessary. Consider a CR less than 0.10 to be sufficiently consistent.
Decision Criteria Priorities/weights:
1. Purchase price = .35
2. Travel time = .25 3.
Maintenance cost = .20 4.
Swimming quality = .20
PLEASE clearly show and explain all work. Thank you!
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