Reference no: EM1323325
Q1) To get overall ranking of decision alternatives by using analytical hierarchy process, it is necessary to:
a) Add priority values obtained for each decision criterion for each decision alternative.
b) Add weighted priority values obtained for each decision criterion for each decision alternative, where weights are the relative importance of each decision criterion.
c) Multiply weighted criterion priority values together for each decision alternative.
d) Divide sum of weighted criterion priority values for each decision alternative by relative significance of each decision criterion.
Q2) One of criteria for making a particular decision at Firm T is price. Decision maker has created comparison matrix below to reflect pair wise preferences among 3 alternatives.
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Price Comparison Matrix
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|
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Q
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R
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S
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Q
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1
|
2
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5
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|
R
|
|
1
|
3
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|
S
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|
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1
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Preference value for S rather than Q is:
a) 5.0
b) 0.2
c) 0.5
d) 2.0
Q3) Normalized matrix for one decision criterion at Firm T is given below.
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Normalized Matrix
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Q
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R
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S
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Q
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0.20
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0.25
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0.18
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|
R
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0.20
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0.25
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0.27
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|
S
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0.60
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0.50
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0.55
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Priorities for Q, R and S, respectively, are:
a) 0.63, 0.72, and 1.65
b) 0.009, 0.0135, and 0.165
c) 0.003, 0.0045, and 0.055
d) 0.21, 0.24, and 0.55