Goal programming approach to make decision

Assignment Help Basic Statistics
Reference no: EM13934236

You have decided to do a placement year in 2015/16 and therefore have sent out applications to different companies.

Part 1: Given the information stated in Table 1 and your own criteria preferences, apply AHP to determine a priority ranking to make a decision which placement to take. Report the decision problem hierarchy, the pairwise comparison matrix, the priority ranking and
briefly comment (max 100 words) on the consistency ratio.

Part 2: While you have been trying to make a decision, you receive four additional offers with the
following conditions:

Using the information stated in Table 1 and Table 2 in combination with your own priorities, apply a goal programming approach to make your decision. Report th the model and the solution. Discuss briefly (max 200 words) the advantages and limitations of AHP and Goal Programming in the particular context.

 

Reference no: EM13934236

Questions Cloud

Met the majority of criteria from critical appraisal tools : Describe if each of the sources according to the category (e.g. primary research studies, systematic reviews, and/or practice guidelines) met the majority of criteria from the Critical Appraisal Tools.
Does that make the practice ok : Does that make the practice OK? Should we just accept it as a nuisance and a necessary evil like solicitation calls during dinner?
Explain the impact on the disks cache of several queries : Explain the impact on the disk's cache of several queries running concurrently, each scanning a different file. Can the above problem be addressed by the DBMS buffer manager doing its own prefetching? Explain.
Importance of employee communication : The importance of employee communication today and its sources.
Goal programming approach to make decision : Given the information stated in Table 1 and your own criteria preferences, apply AHP to determine a priority ranking to make a decision which placement to take. Report the decision problem hierarchy, the pairwise comparison matrix, the priority ra..
What skills did the practitioner use to develop rapport : What skills did the practitioner use to develop rapport? Describe the behaviors of the interviewer that established or did not establish rapport.
If the majority of consumers are already skeptical : If the majority of consumers are already skeptical about most advertising they are exposed to, how do you think the general public would feel about such marketing campaigns?
Normal physiological parameters : Demonstrate a detailed knowledge-base, for example, can detail the normal physiological parameters and recognizes and responds to changes/abnormalities in the vital signs values measured.
Describe two possible record formats : Describe two possible record formats. What are the trade-offs between them? The consecutive slots organization is mostly used for fixed length record formats.

Reviews

Write a Review

Basic Statistics Questions & Answers

  At the 0025 significance level is it reasonable to conclude

cell phone company offers two plans to its subscribers. at the time new subscribers sign up they are asked to provide

  Using z-scores to solve problem

Assume that replacement time for TVs are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years. The probability a randomly selected TV will have replacement time less than 5.5 years to be .0071.

  A new york restaurant would like to estimate the average

a new york restaurant would like to estimate the average amount customers spend for dinner. a sample of size 49

  Probability of sample proportions

Roper ASW conducted a survey to learn about American adults' attitudes toward money and happiness. 56% of respondents said they balance their checkbook at least once a month.

  Standard normal distribution curves

Draw a sketch of the standard normal distribution curves, one for the current process and another one for the recentered process. Label the spec limits and shade the area of the curve that corresponds to your answer.

  Determine strength of evidence against null hypothesis

A sample mean, sample size, and population standard deviation are given. Use the P-value appraoch to perform a one-mean z-test about the mean, μ, of the population from which the sample was drawn. Determine the strength of the evidence against the..

  What is probability that is smaller than value on card c

Suppose that distinct integer values are written on each of 3 cards. These cards are then randomly given the designations A, B, and C. The values on cards A and B are then compared. If the smaller of these values is then compared with the value on..

  Micron technology has sales offices located in four cities

micron technology has sales offices located in four cities dallas seattle boston and los angeles. an analysis of the

  Equation for the regression line for the data

Find the equation for the regression line for the data, and predict the final grade of a student who misses 3.5 days.

  The mean score of the first calculus exam was 81 the

the mean score of the first calculus exam was 81. the standard deviation was 12. find the smallest interval about the

  Operating characteristics of the queuing model

To find out the efficiency of the current ticket operation, Mike wishes to examine several queue operating features.

  Probability of running at roulette

A gambler loses 10 times running at roulette. He decides to continue playing because he is due for a win, by the law of averages. A bystander advises him to quit, on the ground that his luck is cold. Who is right? Or are both of them wrong?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd