Exam 14: Multicriteria Decisions

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Pair-wise comparisons are used to

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The priority matrix shows the priority for each item on each criterion.

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Variables that indicate the distance a target is from the level achieved are called

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Preemptive priorities in goal programming

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One limitation of a scoring model is that it uses arbitrary weights that do not necessarily reflect the preferences of the individual decision maker.

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There can only be one goal at each priority level.

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When using a linear programming approach to solving a goal programming problem, a linear program must be solved for each

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A decision with more than one objective

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The constraint 5x1 + 3x2 ≤\le 150 is modified to become a goal equation, and priority one is to avoid overutilization. Which of the following is appropriate?

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As treasurer of the school PTA, you chair the committee to decide how the $20,000 raised by candy sales will be spent. Four kinds of projects have been proposed, and facts on each are shown below. As treasurer of the school PTA, you chair the committee to decide how the $20,000 raised by candy sales will be spent. Four kinds of projects have been proposed, and facts on each are shown below.    Develop a goal programming model that would represent these goals and priorities.   Develop a goal programming model that would represent these goals and priorities. As treasurer of the school PTA, you chair the committee to decide how the $20,000 raised by candy sales will be spent. Four kinds of projects have been proposed, and facts on each are shown below.    Develop a goal programming model that would represent these goals and priorities.

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Calculating the priority of each criterion in terms of its contribution to the overall goal is known as developing the hierarchy.

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Objectives in multicriteria problems seldom conflict.

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An ATM is to be located in a campus union building so that it minimizes the distance from the food court, the gift shop, and the theater. They are located at coordinates (2,2), (0,6) and (8,0). Develop a goal programming model to use to locate the best place for the ATM.

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Solve the following problem graphically: Solve the following problem graphically:

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John Harris is interested in purchasing a new Harley-Davidson motorcycle. He has narrowed his choice to one of three models: Sportster Classic, Heritage Softtail, and Electra Glide. After much consideration, John has determined his decision-making criteria, assigned a weight to each criterion, and rated how well each decision alternative satisfies each criterion. John Harris is interested in purchasing a new Harley-Davidson motorcycle. He has narrowed his choice to one of three models: Sportster Classic, Heritage Softtail, and Electra Glide. After much consideration, John has determined his decision-making criteria, assigned a weight to each criterion, and rated how well each decision alternative satisfies each criterion.    Using a scoring model, determine the recommended motorcycle model for John. Using a scoring model, determine the recommended motorcycle model for John.

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A problem involving only one priority level is not considered a goal programming problem.

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The overall priorities for decision alternatives

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The Lofton Company has developed the following linear programming problem The Lofton Company has developed the following linear programming problem    but finds it is infeasible. In revision, Lofton drops the original objective and establishes the three goals    Give the goal programming model and solve it graphically. but finds it is infeasible. In revision, Lofton drops the original objective and establishes the three goals The Lofton Company has developed the following linear programming problem    but finds it is infeasible. In revision, Lofton drops the original objective and establishes the three goals    Give the goal programming model and solve it graphically. Give the goal programming model and solve it graphically.

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A consistency ratio greater than 0.10 indicates inconsistency in the pair-wise comparisons.

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