A British company has won an important contract to supply components regularly t Poland. Four methods of transport are being considered: (i) air, (ii) sea, (iii) road and ferry and (iv) rail and ferry. The company's distribution manager has identified four relevant attributes for the decision: punctuality, safety of cargo, convenience and costs. She has also allocated weights of 30 to punctuality, 60 to safety of cargo and 10 to convenience. The manager then rated the performance of each form of transport on the different attributes. The values she assigned are shown below, together with the estimated annual cost of using each form of transport. Form of transport Air Sea Road and ferry Rail and ferry Punctuality 100 0 60 70 Benefit Safety 70 60 0 100 Convenience 60 80 100 0 Costs ($) 150 000 90 000 40 000 70 000

A British company has won an important contract to supply components regularly t Poland. Four methods of transport are being considered: (i) air, (ii) sea, (iii) road and ferry and (iv) rail and ferry. The company's distribution manager has identified four relevant attributes for the decision: punctuality, safety of cargo, convenience and costs. She has also allocated weights of 30 to punctuality, 60 to safety of cargo and 10 to convenience. The manager then rated the performance of each form of transport on the different attributes. The values she assigned are shown below, together with the estimated annual cost of using each form of transport. Form of transport Air Sea Road and ferry Rail and ferry Punctuality 100 0 60 70 Benefit Safety 70 60 0 100 Convenience 60 80 100 0 Costs ($) 150 000 90 000 40 000 70 000

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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