Question
You are looking for a new car or truck. Use the weighted factor method to assist in your decision-making. Be sure to follow the 5
You are looking for a new car or truck. Use the weighted factor method to assist in your decision-making. Be sure to follow the 5 steps of the method (see video tutorial on Canvas). Your model should include at least 5 criteria and 5 alternatives (i.e., 5 different vehicles to choose from).
1. Develop a model in an Excel spreadsheet.
2. Reflect on your experience.
Are you satisfied with the result of the model?
Is the result robust?
What was the most difficult step in the weighted factor method? .
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Get StartedRecommended Textbook for
Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
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