Decision Making Techniques

1. A customer wants to find the best hotel for his stay abroad. There are criteria as given in Table 1 with its characteristic features. There are 4 different altematives that the customer can decide on and the decision matrix of this MCDM problem is given in Table 2. By applying ELECTRE methodology find the order of preference. Table 1: The weights and characteristic features of criteria Beneficial 0 0 Criterion Geographic Location Hotel Cost Number of attractions Safety Food Quality Local Transportation Weightage (in %) 10 10 15 35 15 15 1 0 Table 2: Decision Matrix 1 Criterion /Destination Geographic Location Hotel Cost Attraction Safety Food Quality Local Transportation 10 450 10 1 1 2 20 750 25 2 2 12 3 35 500 60 3 3 13 4 5 500 25 1 7 - 3 of 3 2. A company wants to rent a car for its organizational purposes. There are 4 different car models and 4 different criteriale the price as low as possible. the fuel consumption (as low as possible), the comfort, given as a number between 0 and (as high as possible and the power (as high as possible) that can assist company to determine optimumcar model. Based on given decision matrix below rank the alternatives by applying PROMETHEE Il methodology. Each student can have his or her own preference, for example power may be very important compared to the other criteria) Price (ke) Cons. (1/100km Comfort Power CV Car1 8.75 Good (1) 30 Car 2 13.75 7.5 Good (1) 50 Car3 25 8 Excellent (3) 80 Car 4 62.5 20 Very good (2) 120 1. A customer wants to find the best hotel for his stay abroad. There are criteria as given in Table 1 with its characteristic features. There are 4 different altematives that the customer can decide on and the decision matrix of this MCDM problem is given in Table 2. By applying ELECTRE methodology find the order of preference. Table 1: The weights and characteristic features of criteria Beneficial 0 0 Criterion Geographic Location Hotel Cost Number of attractions Safety Food Quality Local Transportation Weightage (in %) 10 10 15 35 15 15 1 0 Table 2: Decision Matrix 1 Criterion /Destination Geographic Location Hotel Cost Attraction Safety Food Quality Local Transportation 10 450 10 1 1 2 20 750 25 2 2 12 3 35 500 60 3 3 13 4 5 500 25 1 7 - 3 of 3 2. A company wants to rent a car for its organizational purposes. There are 4 different car models and 4 different criteriale the price as low as possible. the fuel consumption (as low as possible), the comfort, given as a number between 0 and (as high as possible and the power (as high as possible) that can assist company to determine optimumcar model. Based on given decision matrix below rank the alternatives by applying PROMETHEE Il methodology. Each student can have his or her own preference, for example power may be very important compared to the other criteria) Price (ke) Cons. (1/100km Comfort Power CV Car1 8.75 Good (1) 30 Car 2 13.75 7.5 Good (1) 50 Car3 25 8 Excellent (3) 80 Car 4 62.5 20 Very good (2) 120