Multiple Choice
A company is screening ideas for new services.Five alternative service ideas are being considered.Management identified four criteria and weighted them as follows: A = 30,B = 10,C = 20,and D = 40.They have also come up with scored values for the five alternatives and the four criteria as shown following.Management has decided that if an alternative has less than a total scored value of 600,it should automatically be rejected.Use the preference matrix technique to determine which idea should be accepted.
A) Service #1 or #2
B) Service #3 or #4
C) Service #5
D) None
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Making a decision under risk using the
Q16: A wily marketing director must decide among
Q18: Which one of the following statements about
Q19: Luvmatics plans to produce a new
Q20: A poultry farmer with an MBA is
Q23: Demron is in serious negotiations to purchase
Q24: A crafty operations manager has developed this
Q25: Minor Video has opened a new store
Q41: In decision theory, the different courses of
Q67: Maximax is a decision rule for the