Suppose you are in the market for a new car to be used mainly for commuting to
Question:
a. What are your objectives in this situation? What are some different alternatives?
b. Suppose you broaden the decision context. Instead of deciding on a car for commuting purposes, you are interested in other means of transportation. In this new decision context, how would you describe your objectives? What are some alternatives that you might not have considered in the narrower decision context?
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a Some objectives might be to minimizecost maximize safety maximize co...View the full answer
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Related Book For 
Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
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