Exam 14: Multicriteria Decisions

A consumer group is using AHP to compare four used car models.Part of the pairwise comparison matrix for "repair frequency" is shown below. a.Complete the matrix. b.Does it seem to be consistent?

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Question 1

Correct Answer:

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The matrix is not consistent.A to B is 5,B to C is 3,C to D is 4,yet D to A is 6.

Rosie's Ribs is in need of an office management software package.After considerable research,Rosie has narrowed her choice to one of three packages: N-able,VersaSuite,and SoftTrack.She has determined her decision-making criteria,assigned a weight to each criterion,and rated how well each alternative satisfies each criterion. Using a scoring model,determine the recommended software package for Rosie's.

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Question 2

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N-Able = 135,VersaSuite = 148,SoftTrack = 141

The variable d− measures the amount

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Question 3

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John Harris is interested in purchasing a new Harley-Davidson motorcycle.He has narrowed his choice to one of three models: Sportster Classic,Heritage Softtail,and Electra Glide.After much consideration,John has determined his decision-making criteria,assigned a weight to each criterion,and rated how well each decision alternative satisfies each criterion. Using a scoring model,determine the recommended motorcycle model for John.

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Question 4

A problem involving only one priority level is not considered a goal programming problem.

(True/False)

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Question 5

Objectives in multicriteria problems seldom conflict.

(True/False)

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Question 6

The overall priorities for decision alternatives

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Question 7

The priority matrix shows the priority for each item on each criterion.

(True/False)

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Question 8

Requiring a decision maker to provide judgments about the relative importance of each criterion and then specifying a preference for each decision alternative using each criterion is the purpose of the analytic hierarchy process.

(True/False)

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Question 9

An ATM is to be located in a campus union building so that it minimizes the distance from the food court,the gift shop,and the theater.They are located at coordinates (2,2),(0,6),and (8,0).Develop a goal programming model to locate the best place for the ATM.

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Question 10

AHP allows a decision maker to express personal preferences about the various aspects of a multicriteria problem.

(True/False)

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Question 11

The goal programming problem with the objective function Min P₁(d₁⁺)+ P₂(d₂−)is initially solved by the computer and the objective function value is 0.Which of the following constraints should be added for the second problem?

(Multiple Choice)

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Question 12

Preemptive priorities in goal programming

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Question 13

One limitation of a scoring model is that it uses arbitrary weights that do not necessarily reflect the preferences of the individual decision maker.

(True/False)

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Question 14

Computing the consistency ratio for a criterion's pairwise comparison matrix is the next step after

(Multiple Choice)

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Question 15

The steps of the scoring model include all of the following EXCEPT

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Question 16

When using a linear programming approach to solving a goal programming problem,a linear program must be solved for each

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Question 17

Inconsistency in pairwise judgments is indicated by a consistency ratio that is

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Question 18

A consistency ratio greater than 0.10 indicates inconsistency in the pairwise comparisons.

(True/False)

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Question 19

Deviation variables that occur in the objective function

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Question 20

Showing 1 - 20 of 42

A consumer group is using AHP to compare four used car models.Part of the pairwise comparison matrix for "repair frequency" is shown below. a.Complete the matrix. b.Does it seem to be consistent?

The variable d− measures the amount

A problem involving only one priority level is not considered a goal programming problem.

Objectives in multicriteria problems seldom conflict.

The overall priorities for decision alternatives

The priority matrix shows the priority for each item on each criterion.

Requiring a decision maker to provide judgments about the relative importance of each criterion and then specifying a preference for each decision alternative using each criterion is the purpose of the analytic hierarchy process.

An ATM is to be located in a campus union building so that it minimizes the distance from the food court,the gift shop,and the theater.They are located at coordinates (2,2),(0,6),and (8,0).Develop a goal programming model to locate the best place for the ATM.

AHP allows a decision maker to express personal preferences about the various aspects of a multicriteria problem.

The goal programming problem with the objective function Min P₁(d₁⁺)+ P₂(d₂−)is initially solved by the computer and the objective function value is 0.Which of the following constraints should be added for the second problem?

Preemptive priorities in goal programming

One limitation of a scoring model is that it uses arbitrary weights that do not necessarily reflect the preferences of the individual decision maker.

Computing the consistency ratio for a criterion's pairwise comparison matrix is the next step after

The steps of the scoring model include all of the following EXCEPT

When using a linear programming approach to solving a goal programming problem,a linear program must be solved for each

Inconsistency in pairwise judgments is indicated by a consistency ratio that is

A consistency ratio greater than 0.10 indicates inconsistency in the pairwise comparisons.

Deviation variables that occur in the objective function

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, finance, and OM

Advanced Linear Programming Applications

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Simulation

Decision Analysis

Time Series Analysis and Forecasting

Markov Processes

Linear Programming: Simplex Method

Simplex-Based Sensitivity Analysis and Duality

Solution Procedures for Transportation and Assignment Problems

Minimal Spanning Tree

Dynamic Programming

Filters

Exam 14: Multicriteria Decisions

A consumer group is using AHP to compare four used car models.Part of the pairwise comparison matrix for "repair frequency" is shown below. a.Complete the matrix. b.Does it seem to be consistent? ​

The variable d− measures the amount

A problem involving only one priority level is not considered a goal programming problem.

Objectives in multicriteria problems seldom conflict.

The overall priorities for decision alternatives

The priority matrix shows the priority for each item on each criterion.

Requiring a decision maker to provide judgments about the relative importance of each criterion and then specifying a preference for each decision alternative using each criterion is the purpose of the analytic hierarchy process.

An ATM is to be located in a campus union building so that it minimizes the distance from the food court,the gift shop,and the theater.They are located at coordinates (2,2),(0,6),and (8,0).Develop a goal programming model to locate the best place for the ATM.

AHP allows a decision maker to express personal preferences about the various aspects of a multicriteria problem.

The goal programming problem with the objective function Min P1(d1+)+ P2(d2−)is initially solved by the computer and the objective function value is 0.Which of the following constraints should be added for the second problem?

Preemptive priorities in goal programming

One limitation of a scoring model is that it uses arbitrary weights that do not necessarily reflect the preferences of the individual decision maker.

Computing the consistency ratio for a criterion's pairwise comparison matrix is the next step after

The steps of the scoring model include all of the following EXCEPT

When using a linear programming approach to solving a goal programming problem,a linear program must be solved for each

Inconsistency in pairwise judgments is indicated by a consistency ratio that is

A consistency ratio greater than 0.10 indicates inconsistency in the pairwise comparisons.

Deviation variables that occur in the objective function

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, finance, and OM

Advanced Linear Programming Applications

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Simulation

Decision Analysis

Time Series Analysis and Forecasting

Markov Processes

Linear Programming: Simplex Method

Simplex-Based Sensitivity Analysis and Duality

Solution Procedures for Transportation and Assignment Problems

Minimal Spanning Tree

Dynamic Programming

Filters

A consumer group is using AHP to compare four used car models.Part of the pairwise comparison matrix for "repair frequency" is shown below. a.Complete the matrix. b.Does it seem to be consistent?

The goal programming problem with the objective function Min P₁(d₁⁺)+ P₂(d₂−)is initially solved by the computer and the objective function value is 0.Which of the following constraints should be added for the second problem?