Click the icon to view the table for the data for the alternatives discussed. . Choose the correct answer below. C OA. Alternative "Vendor II" is dominated only by alternative "Vendor III" and should be eliminated. OB. None of the alternatives dominates the other. OC. Alternative "Vendor III" is dominated only by alternative "Vendor II" and should be eliminated. O D. Alternative "Vendor /" is dominated only by alternative "Vendor /// and should be eliminated.
Click the icon to view the table for the data for the alternatives discussed. . Choose the correct answer below. C OA. Alternative "Vendor II" is dominated only by alternative "Vendor III" and should be eliminated. OB. None of the alternatives dominates the other. OC. Alternative "Vendor III" is dominated only by alternative "Vendor II" and should be eliminated. O D. Alternative "Vendor /" is dominated only by alternative "Vendor /// and should be eliminated.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
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![With reference to the data provided in the table, make any recommendations for choosing the preferred alternative by using (a) dominance, (b) satisficing, (c) disjunctive
lexicography. Use all the methods separately.
Click the icon to view the table for the data for the alternatives discussed.
a. Choose the correct answer below.
A. Alternative "Vendor //" is dominated only by alternative "Vendor III" and should be eliminated.
B. None of the alternatives dominates the other.
C. Alternative "Vendor ///" is dominated only by alternative "Vendor II" and should be eliminated.
D. Alternative "Vendor /" is dominated only by alternative "Vendor ///" and should be eliminated.
ancial calculator
More Info
Attribute
A. Reduction in
throughput time
B. Flexibility
C. Reliability
D. Quality
E. Cost of system (PW
of life-cycle cost)
Pairwise comparisons:
Vendor /
60%
Good
Excellent
Good
$270,000
1.A<B
2.A = C
3.A<D
4.A<E
5.B> C
Alternative
Vendor //
70%
Excellent
Good
Excellent
$300,000
6.B> D
7.B<E
8.C<D
9.C<E
10.D<E
Vendor III
82%
Good
Good
Excellent
$250,000
Retain
Existing
System
Poor
Fair
$0
Worst
Acceptable
Value
50%
Good
Good
Good
$350,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F22c11dfe-07d2-4a20-999f-14b780c87095%2F2889abe6-718a-4eb3-9b11-07f785460c29%2Ft55hrt_processed.png&w=3840&q=75)
Transcribed Image Text:With reference to the data provided in the table, make any recommendations for choosing the preferred alternative by using (a) dominance, (b) satisficing, (c) disjunctive
lexicography. Use all the methods separately.
Click the icon to view the table for the data for the alternatives discussed.
a. Choose the correct answer below.
A. Alternative "Vendor //" is dominated only by alternative "Vendor III" and should be eliminated.
B. None of the alternatives dominates the other.
C. Alternative "Vendor ///" is dominated only by alternative "Vendor II" and should be eliminated.
D. Alternative "Vendor /" is dominated only by alternative "Vendor ///" and should be eliminated.
ancial calculator
More Info
Attribute
A. Reduction in
throughput time
B. Flexibility
C. Reliability
D. Quality
E. Cost of system (PW
of life-cycle cost)
Pairwise comparisons:
Vendor /
60%
Good
Excellent
Good
$270,000
1.A<B
2.A = C
3.A<D
4.A<E
5.B> C
Alternative
Vendor //
70%
Excellent
Good
Excellent
$300,000
6.B> D
7.B<E
8.C<D
9.C<E
10.D<E
Vendor III
82%
Good
Good
Excellent
$250,000
Retain
Existing
System
Poor
Fair
$0
Worst
Acceptable
Value
50%
Good
Good
Good
$350,000
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