Create the weighed matrix assign a percentage

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Reference no: EM133330419

Assignment:

PART 1: Evaluate and Make the Decision by comparing the alternatives based on the objectives. This process is achieved in Step Four by creating two decision matrices - unweighed and weighed.

STEP 1: Create the Unweighed Matrix Use a scale of 0 - 3 to rate the first decision matrix. (0 being "does not meet the objective well" to 3 being "meets the objective well"). The decision matrices must have the four objectives and four alternatives from the previous week's discussions. Explain WHY and HOW Harry derived the ranking of the objectives and alternatives (each of the individual numbers) in the first matrix. Review the House Buying Example.

STEP 2: Create the Weighed Matrix Assign a percentage to each of the objectives. These weights must sum-total to 100% for the second (weighed) decision matrix. Remember these do not change for each alternative. but are applied to each objective. Explain.

Reference no: EM133330419

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