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M6case Read the case study: Making Better Decisions with MCDA and answer the questions that follow. 1. What are some examples where MCDA can be
M6case Read the case study: Making Better Decisions with MCDA and answer the questions that follow. 1. What are some examples where MCDA can be used to evaluate nonmonetary criteria? 2. Describe a problem that has multiple possible solutions. Next, list at least three nonmonetary criteria that should be considered when deciding which solution should be chosen for the problem. Finally, assign a weight to each for the criteria to exhibit their importance; the total of the weights should add up to 100%. Based on your analysis, which solution would you choose for the problem?
Read the case study: Making Better Decisions with MCDA and answer the questions that follow.
1. What are some examples where MCDA can be used to evaluate nonmonetary criteria?
2. Describe a problem that has multiple possible solutions. Next, list at least three nonmonetary criteria that should be considered when deciding which solution should be chosen for the problem. Finally, assign a weight to each for the criteria to exhibit their importance; the total of the weights should add up to 100%. Based on your analysis, which solution would you choose for the problem?
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