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Management Science Quantitative Approach
Quiz 14: Multicriteria Decisions
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Question 1
True/False
AHP allows a decision maker to express personal preferences about the various aspects of a multicriteria problem.
Question 2
True/False
In goal programming,deviation variables allow for the possibility of not meeting the target value exactly.
Question 3
True/False
In a goal programming model,there can only be one goal at each priority level.
Question 4
True/False
Goal priorities are referred to as preemptive priorities because the satisfaction of a higher level goal cannot be traded for the satisfaction of a lower level goal.
Question 5
True/False
A problem involving only one priority level is not considered a goal programming problem.
Question 6
True/False
To solve a goal programming problem with preemptive priorities,successive linear programming programs,with an adjustment to the objective function and an additional constraint,must be solved.
Question 7
True/False
If a problem has multiple goals at different priority levels,then it is rare that all the goals will be achieved with existing resources.
Question 8
Multiple Choice
A decision with more than one objective
Question 9
True/False
The priority matrix shows the priority for each item on each criterion.
Question 10
True/False
An item's priority reveals how it compares to its competitors on a specific criterion.
Question 11
Multiple Choice
The objective function in a goal programming model calls for minimizing a function of the
Question 12
True/False
Requiring a decision maker to provide judgments about the relative importance of each criterion and then specifying a preference for each decision alternative using each criterion is the purpose of the analytic hierarchy process.