Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Use a weighted score model to choose between three projects (A,B,C) for updating an important internal process. The relative weights for each criterion are shown in the following table as are the scores for each project on each criterion. A score of 1 represents unfavorable, 2 satisfactory, and 3 favorable.

Project
Criterion
Weight
A
B C
Cost
20
1
3.
Risk
20
1
Opportunity
10
1
Profitability
10
3
Sustainability
10
1
1
Safety
25
1
3.
Competitiveness
10
2
3.
2.
3.
2.
2]
3.
2.
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Transcribed Image Text:Project Criterion Weight A B C Cost 20 1 3. Risk 20 1 Opportunity 10 1 Profitability 10 3 Sustainability 10 1 1 Safety 25 1 3. Competitiveness 10 2 3. 2. 3. 2. 2] 3. 2.
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