DECISION MATRIX. Given the data in the Table Below, you are requested tohelp Ms. Meticulous in deciding what firm shall she choose in order to satisfyher criteria as illustrated in the Table. Show your solution and/or justificationwhy?Weights percriterionCriteriaSupplier 1Supplier 2Supplier 3based on herimportance40 %Price8910AccessibilityCustomer-50 %71010friendly (aftersales service)TОTAL10%10109.252929

Matrix decision analysis works by having you write your options as rows in a table, and the things…

Answered: DECISION MATRIX. Given the data in the…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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DECISION MATRIX. Given the data in the Table Below, you are requested to help Ms. Meticulous in deciding what firm shall she choose in order to satisfy her criteria as illustrated in the Table. Show your solution and/or justification why?