Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rating Performance Criterion Service A Service B Service C Capital equipment investment required 0.8 0.4 0.7 Expected return on investment (ROI) 0.3 0.2 0.9 Compatibility

image text in transcribed

Rating Performance Criterion Service A Service B Service C Capital equipment investment required 0.8 0.4 0.7 Expected return on investment (ROI) 0.3 0.2 0.9 Compatibility with current workforce skills 0.8 0.3 0.8 Competitive advantage 0.2 0.7 0.3 Compatibility with EPA requirements 0.5 0.7 0.8 a. Calculate a total weighted score for each alternative. Use a preference matrix and assume equal weights for each performance criterion. Let the total of the weights equal 100. (Enter your responses as integers.) Service Total Weighted Score 52 B 46 C 70 Which alternative is best? Worst? O A The best alternative is service B and the worst is service C B. The best alternative is service B and the worst is service A OC. The best alternative is service A and the worst is service C D. The best alternative is service C and the worst is service B. O E. The best alternative is service A and the worst is service B. OF. The best alternative is service C and the worst is service A. b. Suppose that the expected ROI is given twice the weight assigned to each of the remaining criteria. (Sum of weights should remain the same as in part (a).) Does this modification affect the ranking of the three potential services? The best alternative is now service C with a total weighted score of - (Enter your response rounded to one decimal place.)

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

Step: 3

blur-text-image

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

Intermediate Accounting

Authors: James D. Stice, Earl K. Stice, Fred Skousen

17th Edition

032459237X, 978-0324592375

More Books

Students also viewed these Accounting questions

Question

5. Understand how cultural values influence conflict behavior.

Answered: 1 week ago

Question

8. Explain the relationship between communication and context.

Answered: 1 week ago