Because of recent increases in student numbers, East University has to decide whether to relocate from its
Question:
To provide a formal structure to the decision and a defensible rationale, the Simple Multi-attribute Rating Technique (SMART) was used by each manager to determine his or her perception of the relative importance of the criteria listed above and how well the two options performed on these criteria. For each manager this yielded a score for each course of action (for example, the University President's scores were 'Stay at Byron Avenue': 65.1, 'Move to Beach Park': 34.9). For each option the scores for all the senior managers were averaged and the results are shown below:
Mean score Stay at Byron Avenue: 57.8 Move to Beach Park: 42.2 These results were in complete contrast to the prevailing views expressed at the previous day's meeting of the senior managers when there was apparent enthusiasm, particularly from the President, for the move to Beach Park. Discuss possible reasons for the discrepancy between the model's recommendation and the view of the senior managers which was apparent at the last meeting.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Decision Analysis For Management Judgment
ISBN: 9781118740736,9781118889251
5th Edition
Authors: Paul Goodwin , George Wright
Question Posted: