Question 1

A decision-making technique in which individuals subjectively and intuitively consider the various factors in making their selection is known as

Accepted Answer

A) multifactor decision making. 
B) the multifactor evaluation process. 
C) the analytic hierarchy process. 
D) pairwise comparison analysis. 
A) multifactor decision making. 
B) the multifactor evaluation process. 
C) the analytic hierarchy process. 
D) pairwise comparison analysis.

Question 2

From an Analytic Hierarchy Process analysis, λ is computed to be 4.123, n = 4, RI = 0.9.Compute the consistency index.

Accepted Answer

A) 4.5811 
B) 1.0308 
C) 0.0456 
D) 0.0410 
A) 4.5811 
B) 1.0308 
C) 0.0456 
D) 0.0410

Question 3

If you can determine with confidence and accuracy the factor weights and factor evaluations, AHP is preferred over MFEP.

Accepted Answer

A) True 
 B)False

Question 4

The consistency ratio is

Accepted Answer

A) the average value of the consistency vector. 
B) CR/CI. 
C) CI/RI. 
D) (λ - n )/ (n - 1). 
A) the average value of the consistency vector. 
B) CR/CI. 
C) CI/RI. 
D) (λ - n )/ (n - 1).

Question 5

Table M1-5
It is International Day on campus and a professor of Scottish, German, and Hawaiian ancestry is weighing his options for traditional attire among his kilt, lederhosen and grass skirt.He decides to weigh these alternatives using AHP and has decided that comfort, style, and ease of use are the most important criteria.
His pairwise comparison matrices are as follows:
        
-Use Table M1-5 to determine the element in the weighted sum vector for the comfort factor for the kilt.

Accepted Answer

A) 0.6446 
B) 0.7755 
C) 2.2605 
D) 2.1517 
A) 0.6446 
B) 0.7755 
C) 2.2605 
D) 2.1517

Question 6

λ is the average of the consistency ratios.

Accepted Answer

A) True 
 B)False

A decision-making technique in which individuals subjectively and intuitively consider the various factors in making their selection is known as

From an Analytic Hierarchy Process analysis, λ is computed to be 4.123, n = 4, RI = 0.9.Compute the consistency index.

If you can determine with confidence and accuracy the factor weights and factor evaluations, AHP is preferred over MFEP.

The consistency ratio is

λ is the average of the consistency ratios.

Introduction to Quantitative Analysis

Probability Concepts and Applications

Decision Analysis

Regression Models

Forecasting

Inventory Control Models

Linear Programming Models: Graphical and Computer Methods

Linear Programming Applications

Transportation, Assignment, and Network Models

Integer Programming, Goal Programming, and Nonlinear Programming

Project Management

Waiting Lines and Queuing Theory Models

Simulation Modeling

Markov Analysis

Statistical Quality Control

Dynamic Programming

Decision Theory and the Normal Distribution

Game Theory

Mathematical Tools: Determinants and Matrices

Calculus-Based Optimization

Linear Programming: The Simplex Method

Transportation, Assignment, and Network Algorithms

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Exam 16: Analytic Hierarchy Process

A decision-making technique in which individuals subjectively and intuitively consider the various factors in making their selection is known as

From an Analytic Hierarchy Process analysis, λ is computed to be 4.123, n = 4, RI = 0.9.Compute the consistency index.

If you can determine with confidence and accuracy the factor weights and factor evaluations, AHP is preferred over MFEP.

The consistency ratio is

λ is the average of the consistency ratios.

Introduction to Quantitative Analysis

Probability Concepts and Applications

Decision Analysis

Regression Models

Forecasting

Inventory Control Models

Linear Programming Models: Graphical and Computer Methods

Linear Programming Applications

Transportation, Assignment, and Network Models

Integer Programming, Goal Programming, and Nonlinear Programming

Project Management

Waiting Lines and Queuing Theory Models

Simulation Modeling

Markov Analysis

Statistical Quality Control

Dynamic Programming

Decision Theory and the Normal Distribution

Game Theory

Mathematical Tools: Determinants and Matrices

Calculus-Based Optimization

Linear Programming: The Simplex Method

Transportation, Assignment, and Network Algorithms

Filters