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The Analytical Hierarchy Process is an intuitively appealing, albeit computationally intricate approach to gain insights into decision problems with multiple criteria and clearly identifiable alternatives.
The Analytical Hierarchy Process is an intuitively appealing, albeit computationally intricate approach to gain insights into decision problems with multiple criteria and clearly identifiable alternatives. For this question you are required to identify a specific decision problem that is well suited to this technique. Ideally, this example will be from your workplace but if this is not possible, you can use a personal example perhaps a major purchase Your response must have the following elements: a An overall description of the problem b A list of the decision alternatives c A list of the decision criteria including how they would be measured. d A set of weights for the criteria listed in part c calculated using a pairwise comparison matrix. e Demonstrate the weights determined in part d are consistent by calculating the consistency ratio has to be less than NOTE: it is not required to evaluate the alternatives.
The Analytical Hierarchy Process is an intuitively appealing, albeit computationally intricate approach to gain insights into decision problems with multiple criteria and clearly identifiable alternatives. For this question you are required to identify a specific decision problem that is well suited to this technique. Ideally, this example will be from your workplace but if this is not possible, you can use a personal example perhaps a major purchase Your response must have the following elements:
a An overall description of the problem
b A list of the decision alternatives
c A list of the decision criteria including how they would be measured.
d A set of weights for the criteria listed in part c calculated using a pairwise comparison matrix.
e Demonstrate the weights determined in part d are consistent by calculating the consistency ratio has to be less than
NOTE: it is not required to evaluate the alternatives.
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