Describing step of analytical hierarchy process

Assignment Help Basic Statistics
Reference no: EM1323321

Q1) Firm's financial manager evaluates that new project proposal will develop revenue by $14,000 per year for 7 years, and will also decrease costs by $5,000 per year. Present value of these flows are about $68,158 and $24,342 assuming a 10% discount rate. Project costs $90,000. Project's ROI is about:

a) 0.49

b) 0.11

c) 1.03

d) 1.79

Q2) First step of analytical hierarchy process doesn't include

a) Defining the overall objective of the decision process.

b) Determining the criteria on which to base the decision.

c) Ranking the decision alternatives.

d) Modelling the decision problem.

Q3) Two criteria and two alternatives are being considered. Criterion 1 is twice as significant as Criterion 2. Following comparison matrices have been determined:

Criterion 1

A

B

A

1.00

0.20

B

5.00

1.00

 

Criterion 2

A

B

A

1.00

0.14

B

7.00

1.00

Which of given statements regarding this decision problem is not true?

a) Alternative B is always favoured to Alternative A.

b) These are not normalized comparison matrices.

c) The relative priority of Alternative A on the basis of Criterion 1 is 0.17.

d) Alternative A is sometimes preferred to Alternative B.

Reference no: EM1323321

Questions Cloud

Normalized matrix for one decision criterion : Normalized matrix for one decision criterion at Firm T is given below.
If the pressure at the bottom of cylinder : At t = 0, a particle leaves the origin with the velocity of 9 m/ s in the positively direction and moves in the x y plane with a constant acceleration of (2.0i - 4.0j) m/ s2. At the instant the x coordinate of the particle is 15m, what is the spee..
Experienced parental divorce : Children who have experienced parental divorce do better if they. Select one:
What''s about solidification of metal oxide vapour : What minimum force is necessary to start the block moving up the wall? (Hint: The static frictional force is now directed down the wall.)
Describing step of analytical hierarchy process : First step of analytical hierarchy process doesn't include?
Weaknesses of ebags methods of managing operations : Prepare a conclusion to your report by reviewing your responses to all of the case study questions you have answered in this and the previous weeks. You might also consider identifying the:
Advantages and disadvantages of diagnostic label : Explain the advantages and disadvantages (to the patient) of a diagnostic label.
What is the mass of the ball : A 120 kg mail bag hangs by a vertical rope 4.00 m long. A postal worker then displaces the bag to a position 2.10 m sideways from its original position, always keeping the rope taut.
Determining solution using gauss-jordan method : Use Gauss-Jordan method to determine solution to following system of equations?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd