Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help asap!!! 1. A decision-maker uses Affordability (A), Quality (Q), and Style (S) as the criteria for selecting a car among 3 candidates, X, Y,

help asap!!!

image text in transcribed
1. A decision-maker uses Affordability (A), Quality (Q), and Style (S) as the criteria for selecting a car among 3 candidates, X, Y, and Z, with the following preferences: A is equally preferable as Q: A is extremely more preferable than S; Q is equally to moderately more preferable than S. 1a.(30 points) Use the 1-9 scale of the Analytic Hierarchy Process to construct the pair-wise comparison matrix, compute the normalized matrix, and the relative weight (the row average) for each criterion. (No points will be given if you do not use the 1-9 scale. Please display the matrices and the weights WITHOUT computational details.) 1b.(25 points) Compute IN DETAIL the best estimate of the largest eigenvalue and the consistency index, Cl, of the matrix. 1c. (10 points) Since the matrix is not totally consistent, the decision-maker decides that the pairwise comparison between A and S is the weakest. Please modify this pairwise comparison to be totally consistent with the other two pairwise comparisons and determine the Revised weights for A, Q. and S. (Hint: You don't need to show the modified matrix or do any more computations; just show the modified pairwise comparison between A and S and use the normalized matrix in Question la to determine the Revised weights of the 3 criteria.) 1d. (5 points) The decision-maker has rated the 3 cars with respect to each of the 3 criteria as shown in the table below. Use the Revised weights of the 3 criteria to compute the Total Scores of the 3 cars, and NO computational detail is required. A Q S Total Score Car X 0.1 0.1 0.7 Car Y 0.3 0.8 0.2 Car Z 0.6 0.1 0.1 Edit View Insert Format Tools Table

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_2

Step: 3

blur-text-image_3

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

More Books

Students also viewed these Economics questions