David Recently Accepted a Job in Florida and Wants to Buy

Essay

David recently accepted a job in Florida and wants to buy a new condominium. The matrix of possible outcomes is given in the table below. What can David conclude using nondimensional scaling and additive weighting?
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$$\begin{array} { l | c | c | c | c | c } \hline { \text { Attributes } } & \text { Weight } & \begin{array} { c } \text { Alternative } \\\text { I }\end{array} & \begin{array} { c } \text { Alternative } \\\text { II }\end{array} & \begin{array} { c } \text { Alternative } \\\text { III }\end{array} & \text { Acceptable Ra } \\ \hline e & 0.30 & \$ 220,000 & \$ 270,000 & \$ 320,000 & \$ 220,000-\$ 320, \\\hline \text { side view } & 0.20 & 9 & 8 & 7 & 8-10 \\\hline \text { tance from work } & 0.25 & 11 & 21 & 36 & 11-21 \\\hline \text { ghborhood } & 0.10 & \text { Good } & \text { Fair } & \text { Excellent } & \text { Good- Excelle } \\\hline \text { ected increase in property } & \\\text { ue at the end of 5 years } & 0.15 & 19 \% & 11 \% & 16 \% & 11 \% - \$ 16 \\\hline\end{array}$$ $$\begin{array} { l | c | c | c | c | c } \hline { \text { Attributes } } & \text { Weight } & \begin{array} { c } \text { Alternative } \\\text { I }\end{array} & \begin{array} { c } \text { Alternative } \\\text { II }\end{array} & \begin{array} { c } \text { Alternative } \\\text { III }\end{array} & \text { Acceptable Ra } \\ \hline e & 0.30 & \$ 220,000 & \$ 270,000 & \$ 320,000 & \$ 220,000-\$ 320, \\\hline \text { side view } & 0.20 & 9 & 8 & 7 & 8-10 \\\hline \text { tance from work } & 0.25 & 11 & 21 & 36 & 11-21 \\\hline \text { ghborhood } & 0.10 & \text { Good } & \text { Fair } & \text { Excellent } & \text { Good- Excelle } \\\hline \text { ected increase in property } & \\\text { ue at the end of 5 years } & 0.15 & 19 \% & 11 \% & 16 \% & 11 \% - \$ 16 \\\hline\end{array}$$