!Required informationAn airport Baggage Handing Department has evaluated two proposals for baggage delivery conveyor systems. A presentworth analysis at i = 15% per year of estimated revenues and costs resulted in PWA = $460,000 and PWB = $395,000. Inaddition to this economic measure, three more attributes were independently assigned a relative importance score from 0to 100 by the department manager and a senior team supervisor.Importance ScoresManager45AttributeEconomicsDurabilitySafetyMaintainability353020AttributeEconomicsDurabilitySafetyMaintainabilitySeparately, you have used the four attributes to value rate the two proposals on a scale of 0 to 1.0 as shown in thefollowing table. (The economic attribute was rated using the PW values.)Value RatingProposal A1.000.351.000.25Importance ScoresSupervisor4035Select the better proposal using the following method.Weighted evaluation of the department manager's method.The value of R; for A isThe value of R¡ for BisThe better proposal is (Click to select)2515Value RatingProposal B0.900.500.201.00

In the above table, scores to each attribute is given as per the manager and supervisor. In the…

An airport Baggage Handing Department has evaluated two proposals for baggage delivery conveyor systems. A present worth analysis at i = 15% per year of estimated revenues and costs resulted in PWA = $460,000 and PWB = $395,000. In addition to this economic measure, three more attributes were independently assigned a relative importance score from 0 to 100 by the department manager and a senior team supervisor. Importance Scores Manager 45 35 30 20 Attribute Economics Durability Safety Maintainability Importance Scores Supervisor 40 35 25 15 Separately, you have used the four attributes to value rate the two proposals on a scale of 0 to 1.0 as shown in the following table. (The economic attribute was rated using the PW values.)

An airport Baggage Handing Department has evaluated two proposals for baggage delivery conveyor systems. A present worth analysis at i = 15% per year of estimated revenues and costs resulted in PWA = $460,000 and PWB = $395,000. In addition to this economic measure, three more attributes were independently assigned a relative importance score from 0 to 100 by the department manager and a senior team supervisor. Importance Scores Manager 45 35 30 20 Attribute Economics Durability Safety Maintainability Importance Scores Supervisor 40 35 25 15 Separately, you have used the four attributes to value rate the two proposals on a scale of 0 to 1.0 as shown in the following table. (The economic attribute was rated using the PW values.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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