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MODULE 1 Analytic pecking order Process LEARNING OBJECTIVES After completing this module, students provide be able to: 1. Use the multifactor evaluation movement in devising finalitys that involve a number of factors, where importance weights sewer be assigned. 2. Understand the use of the analytic hierarchy process in decision making. 3. Contrast multifactor evaluation with the analytic hierarchy process. MODULE OUTLINE M1.1 M1.2 M1.3 M1.4 Introduction Multifactor Evaluation Process Analytic Hierarchy Process Comparison of Multifactor Evaluation and Analytic Hierarchy Processes abstract Glossary Key Equations Solved Problems Self-Test Discussion Questions and Problems Bibliography Appendix M1.1: victimisation Excel for the Analytic Hierarchy Process M1-1 M1-2 MODULE 1 analytic HIERARCHY PROCESS M1.1 Introduction Many decision-making problems involve a number of factors. For example, if you argon considering a new job, factors might include starting salary, flight advancement opportunities, work location, the people you would be working with on the job, the type of work you would be doing, and assorted fringe benefits.

If you argon considering the purchase of a personal computer, there are a number of authorised factors to consider as well: price, memory, compatibility with opposite computers, flexibility, brand name, software availability, the existence of any user groups, and the nutrition of the computer manufacturer and the local computer store. In purchase a new or used car, such factors as color, style, make and model, year, number of miles (if its a used car), price, franchise or person you are purchasing the car from, warranties, and hail of insurance may be important factors to consider. In multifactor decision making, individuals subjectively and intuitively consider the various factors in making their selection. For difficult decisions, a quantitative approach is recommended. All of the important factors can then be given appropriate... If you want to shoot a full essay, order it on our website: Ordercustompaper.com

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