S7.6. Robin Dillon has recently accepted a new job in the Washing- ton, DC, area and has been hunting for a condominium to purchase. From friends and coworkers she has compiled a list of five possible condominium complexes that she might move into. The following table indicates the weighted criteria that Robin intends to use in her decision-making process and a grade indicating how well each com- plex satisfies each criterion: Condominium Complexes Tysons Alexandria Manassas Commons Fairfax Dupont Farms Location Criteria Weights Forest Gardens Terrace Purchase price 92 85 75 62 79 .30 76 63 95 90 80 Neighborhood location .18 .12 78 75 76 85 60 Proximity to Metro train .10 65 80 98 92 75 Shopping .10 75 78 90 95 83 Security .05 96 90 82 81 93 Recreational facilities Distance to job .05 85 67 95 75 65 .05 80 78 86 92 90 Condo floor plan .05 65 60 92 89 70 Complex size
S7.6. Robin Dillon has recently accepted a new job in the Washing- ton, DC, area and has been hunting for a condominium to purchase. From friends and coworkers she has compiled a list of five possible condominium complexes that she might move into. The following table indicates the weighted criteria that Robin intends to use in her decision-making process and a grade indicating how well each com- plex satisfies each criterion: Condominium Complexes Tysons Alexandria Manassas Commons Fairfax Dupont Farms Location Criteria Weights Forest Gardens Terrace Purchase price 92 85 75 62 79 .30 76 63 95 90 80 Neighborhood location .18 .12 78 75 76 85 60 Proximity to Metro train .10 65 80 98 92 75 Shopping .10 75 78 90 95 83 Security .05 96 90 82 81 93 Recreational facilities Distance to job .05 85 67 95 75 65 .05 80 78 86 92 90 Condo floor plan .05 65 60 92 89 70 Complex size
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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