7. The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects under consideration. a b. If the weight for "Strong Sponsor" is changed from 2.0 to 5.0, will the project selection change? What are the three highest-weighted project scores with this new weight?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Instead of 2.0 to 5.0 use 4.0 to 3.0
7. The Custom Bike Company has set up a weighted scoring matrix for
evaluation of potential projects. Following are five projects under
consideration.
a
b. If the weight for "Strong Sponsor" is changed from 2.0 to 5.0, will
the project selection change? What are the three highest-weighted
project scores with this new weight?
Transcribed Image Text:7. The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects under consideration. a b. If the weight for "Strong Sponsor" is changed from 2.0 to 5.0, will the project selection change? What are the three highest-weighted project scores with this new weight?
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