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Use the pairwise comparison matrix for the price criterion as shown in Table 14.8 to verify that the priorities after synthesization for price are 0.096,

Use the pairwise comparison matrix for the price criterion as shown in Table 14.8 to verify that the priorities after synthesization for price are 0.096, 0.284, and 0.619. Compute the consistency ratio and comment on its acceptability. Round your answers to three decimal places.

Price

Accord

Saturn

Cavalier

Accord

1

1/4

1/5

Saturn

4

1

1/3

Cavalier

5

3

1

λmax =??

Consistency Index =??

Consistency Ratio =??

Since the consistency ratio is (greater/less) than???? , the degree of consistency in the pairwise comparison matrix for price (is/is not) acceptable.

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