Exam 14: Multicriteria Decisions
Exam 1: Introduction53 Questions
Exam 2: An Introduction to Linear Programming56 Questions
Exam 3: Linear Programming: Sensitivity Analysis and Interpretation of Solution44 Questions
Exam 4: Linear Programming Applications in Marketing, finance, and OM52 Questions
Exam 5: Advanced Linear Programming Applications39 Questions
Exam 6: Distribution and Network Models62 Questions
Exam 7: Integer Linear Programming52 Questions
Exam 8: Nonlinear Optimization Models45 Questions
Exam 9: Project Scheduling: Pertcpm60 Questions
Exam 10: Inventory Models60 Questions
Exam 11: Waiting Line Models56 Questions
Exam 12: Simulation53 Questions
Exam 13: Decision Analysis80 Questions
Exam 14: Multicriteria Decisions42 Questions
Exam 15: Time Series Analysis and Forecasting53 Questions
Exam 16: Markov Processes36 Questions
Exam 17: Linear Programming: Simplex Method45 Questions
Exam 18: Simplex-Based Sensitivity Analysis and Duality32 Questions
Exam 19: Solution Procedures for Transportation and Assignment Problems39 Questions
Exam 20: Minimal Spanning Tree19 Questions
Exam 21: Dynamic Programming41 Questions
Select questions type
An item's priority reveals how it compares to its competitors on a specific criterion.
(True/False)
4.8/5
(39)
A computer company looking for a new location for a plant has determined three criteria to use to rate cities.Pairwise comparisons are given.
Determine priorities for the three relative to the overall location goal.

(Essay)
4.7/5
(46)
Like many high school seniors,Anne has several universities to consider when making her final college choice.To assist in her decision,she has decided to use AHP to develop a ranking for school R,school P,and school M.The schools will be evaluated on five criteria,and Anne's pairwise comparison matrix for the criteria is shown below.
The universities' pairwise comparisons on the criteria are shown below.
a.What is the overall ranking of the five criteria?
b.What is the overall ranking of the three universities?






(Essay)
4.9/5
(43)
The constraint 5x1 + 3x2 ≤ 150 is modified to become a goal equation,and priority one is to avoid overutilization.Which of the following is appropriate?
(Multiple Choice)
4.9/5
(39)
Target values will never be met precisely in a goal programming problem.
(True/False)
4.9/5
(36)
A required step in the analytic hierarchy process is to determine
(Multiple Choice)
4.7/5
(40)
Goal equations consist of a function that defines goal achievement and deviation variables that measure the distance from the target.
(True/False)
4.8/5
(42)
In an AHP problem,the priorities for three criteria are as follows:
The priority matrix is as follows
Compute the overall priority for each choice.


(Essay)
4.9/5
(40)
In a goal programming model,there can only be one goal at each priority level.
(True/False)
4.9/5
(46)
Lofton Company has developed the following linear programming problem:
Lofton finds this problem is infeasible.In revision,Lofton drops the original objective and establishes three goals.
Give the goal programming model and solve it graphically.


(Essay)
4.9/5
(33)
If a problem has multiple goals at different priority levels,then it is rare that all the goals will be achieved with existing resources.
(True/False)
5.0/5
(42)
Goal programming with preemptive priorities never permits trade-offs between
(Multiple Choice)
4.9/5
(42)
Goal priorities are referred to as preemptive priorities because the satisfaction of a higher level goal cannot be traded for the satisfaction of a lower level goal.
(True/False)
4.9/5
(21)
For a scoring model,the decision maker evaluates each decision alternative by considering the weight or importance of each criterion.
(True/False)
4.8/5
(42)
The goal programming approach can be used when an analyst is confronted with an infeasible solution to an ordinary linear program.
(True/False)
4.7/5
(33)
The objective function in a goal programming model calls for minimizing a function of the
(Multiple Choice)
4.9/5
(30)
As treasurer of the school PTA,you chair the committee that decides how the $20,000 raised by candy sales will be spent.Four kinds of projects have been proposed,and facts on each are shown below.
Develop a goal programming model that would represent these goals and priorities.


(Essay)
4.9/5
(41)
Showing 21 - 40 of 42
Filters
- Essay(0)
- Multiple Choice(0)
- Short Answer(0)
- True False(0)
- Matching(0)