Desicion Makin Essay

311 WordsOct 23, 20132 Pages
STEP 1: IDENTIFY A PROBLEM STEP 2: IDENTIFICATION OF DECISION CRITERIA * Ayu decide that price, interior comfort, durability, repair record, performance, handling are the relevant criteria in her decision. STEP 3: ALLOCATION OF WEIGHTS TO CRITERIA * The next step is to identify the weighting of each criteria. This is where Ayu start to get clarity on what really matters. Ayu find that that sticking to a scale of 1-10 helps keep it simple. In this case, 1 is less important and 10 is more important, since we will multiply by these numbers in the next step. CRITERIA | WEIGHTS | Price | 10 | Interior comfort | 8 | Durability | 5 | Repair record | 5 | Performance | 3 | Handling | 1 | STEP 4: DEVELOPMENT OF ALTERNATIVE * Ayu, identify five car as possible choice; Mazda C230, Isuzu Ascender, BMW 335, Toyota Camry and Hyundai Matrix. STEP 5: ANALYSIS OF ALTERNATIVE ALTERNATIVE | PRICE | INTERIOR COMFORT | DURABILITY | REPAIR RECORD | PERFORMANCE | HANDLING | TOTAL | Mazda c230 | 5 | 6 | 9 | 10 | 7 | 7 | 44 | Isuzu Ascender | 7 | 6 | 8 | 6 | 5 | 6 | 38 | BMW 335 | 9 | 7 | 6 | 4 | 4 | 7 | 37 | Toyota Camry | 6 | 5 | 10 | 10 | 6 | 6 | 43 | Hyundai Matrix | 8 | 6 | 6 | 5 | 7 | 8 | 40 | ALTERNATIVE | PRICE [10] | INTERIOR COMFORT [8] | DURABILITY [5] | REPAIR RECORD [5] | PERFORMANCE [3] | HANDLING [1] | TOTAL | Mazda C230 | 5 50 | 6 48 | 9 45 | 10 50 | 7 21 | 7 7 | 44 221 | Isuzu Ascender | 7 70 | 6 48 | 8 40 | 6 30 | 5 15 | 6 6 | 38 209 | BMW 335 | 9 90 | 7 56 | 6 30 | 4 20 | 4 12 | 7 7 | 37 215 | Toyota Camry | 6 60 | 5 40 | 10 50 | 10 50 | 6 18 | 6 6 | 43 224 | Hyundai Matrix | 8 80 | 6 48 | 6 30 | 5 25 | 7 21 | 8 8 | 40 212 | STEP 6: SELECT AN ALTERNATIVE * Ayu decide to Choice Toyota Camry. STEP7: IMPLEMENT THE ALTERNATIVE