Demonstrate that the same result would be obtained by using either theequivalent-alternativemethodor thestandard-alternative methodfor the two jobs described on page 338 of the textbook.

Which is the preferred job?

Equivalent-Alternatives Method: A method of selecting among alternatives in which the values of the pros and cons are determined by estimating how much of a quantifiable benefit of one alternative you would be willing to trade for an improvement in how well it meets another criterion. When all benefits and disadvantages of the alternatives have been traded off against one another, the alternative with the largest quantified benefit is presumed to be superior.

Standard-Alternative Method: A method of selecting among alternatives that resembles the equivalent-alternatives method, but compares each alternative under consideration to a single, standard alternative.

Table 1 Compare Two Job Offers Criteria Job A Job B Salary $52,000 $56,000 Climate (days of sun) 220 200 Commute time (minutes) 40 20 Job characteristics VI, GA I, PA