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rubytrout543Lv1
29 Sep 2019
Given the matrix of outcomes in the table below for alternatives and attributes, what conclusions can be drawn using the satisficing and dominance methods?
Attributes
Alternative I
Alternative II
Alternative III
Acceptable Range
A
85
100
55
60-100
B
7
5
2
5-10
C
Good
Good
Excellent
Good-Excellent
D
16
18
4
18-20
E
$29,000
$19,000
$24,000
$10,000-$30,000
Given the matrix of outcomes in the table below for alternatives and attributes, what conclusions can be drawn using the satisficing and dominance methods?
| Attributes | Alternative I | Alternative II | Alternative III | Acceptable Range |
| A | 85 | 100 | 55 | 60-100 |
| B | 7 | 5 | 2 | 5-10 |
| C | Good | Good | Excellent | Good-Excellent |
| D | 16 | 18 | 4 | 18-20 |
| E | $29,000 | $19,000 | $24,000 | $10,000-$30,000 |
Chika IlonahLv10
29 Sep 2019
Related textbook solutions
Related questions
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?
| Attributes | Weight | Alternative I |
Alternative II |
Alternative III |
Acceptable Range |
| Price | 0.30 | $220,000 | $270,000 | $320,000 | $220,000-$320,000 |
| Outside view | 0.20 | 9 | 8 | 7 | 8-10 |
| Distance from work | 0.25 | 11 | 21 | 36 | 11-21 |
| Neighborhood | 0.10 | Good | Fair | Excellent | Good-Excellent |
| The expected increase in property value at the end of 5 years |
0.15 | 19% | 11% | 16% | 11%-$16 |
