Goal programming approach to make decision

Assignment Help Basic Statistics

Reference no: EM13934236

You have decided to do a placement year in 2015/16 and therefore have sent out applications to different companies.

Part 1: Given the information stated in Table 1 and your own criteria preferences, apply AHP to determine a priority ranking to make a decision which placement to take. Report the decision problem hierarchy, the pairwise comparison matrix, the priority ranking and
briefly comment (max 100 words) on the consistency ratio.

Part 2: While you have been trying to make a decision, you receive four additional offers with the
following conditions:

Using the information stated in Table 1 and Table 2 in combination with your own priorities, apply a goal programming approach to make your decision. Report th the model and the solution. Discuss briefly (max 200 words) the advantages and limitations of AHP and Goal Programming in the particular context.

Reference no: EM13934236

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