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111. 6. (10 points) You are the newly appointed Director of Project Management for the Advanced Electronics Company, an established Stockton firm specializing in the design and production of robotics for the food processing industry. As part of your planning process for the Fiscal Year 2012- 13, you are considering three new product development projects. After discussions with the General Manager, you conclude that your decision should be based on the following four criteria: i. Payback period ii. Compatibility with existing products Required non-recurring engineering cost iv. Required factory floor space for production After further discussions, she (the General Manager) tells you that she feels that the latter three criteria ("compatibility with existing product line", "required non-recurring engineering cost" and "required factory floor space for production") are all equally as important. The criterion "payback period is the most important consideration, and is about twice as important as any single one of the other three criteria. You agree to the following evaluation scale: 2 Payback period (years) 34 Low >200 >4000 Note: The value 3 is best in the above rating system. After consulting with internal subject matter experts, you evaluate the projects as shown below. Payback period (years) Compatibility with existing products Non-recurring engineering cost (K$s) Required factory floor space (ft2) A 3.4 High 230 2500 Project B 2.4 Low 195 4500 5.2 Low 185 3400 Use a SAW analysis to create a priority ranked list (from high to low priority) for the three candidate projects. Please note, to receive full credit you must use normalized weights in your solution. 111. 6. (10 points) You are the newly appointed Director of Project Management for the Advanced Electronics Company, an established Stockton firm specializing in the design and production of robotics for the food processing industry. As part of your planning process for the Fiscal Year 2012- 13, you are considering three new product development projects. After discussions with the General Manager, you conclude that your decision should be based on the following four criteria: i. Payback period ii. Compatibility with existing products Required non-recurring engineering cost iv. Required factory floor space for production After further discussions, she (the General Manager) tells you that she feels that the latter three criteria ("compatibility with existing product line", "required non-recurring engineering cost" and "required factory floor space for production") are all equally as important. The criterion "payback period is the most important consideration, and is about twice as important as any single one of the other three criteria. You agree to the following evaluation scale: 2 Payback period (years) 34 Low >200 >4000 Note: The value 3 is best in the above rating system. After consulting with internal subject matter experts, you evaluate the projects as shown below. Payback period (years) Compatibility with existing products Non-recurring engineering cost (K$s) Required factory floor space (ft2) A 3.4 High 230 2500 Project B 2.4 Low 195 4500 5.2 Low 185 3400 Use a SAW analysis to create a priority ranked list (from high to low priority) for the three candidate projects. Please note, to receive full credit you must use normalized weights in your solution