Business Homework Solutions
Problem
#1256

Finding the preferred choice using a weighted evaluation. Attachments in MS Word and Excel.

Mr. and Mrs. Brinkly are interested in purchasing condominium property in Naples, Florida.  The three most preferred condominiums are listed along with criteria weights and rating information.  Which condominium is preferred?

See attached file for additional information.

Attached file(s):
Attachments
management science #8.doc  View File
management science #8.doc  View File

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management science #8.doc
Mr. and Mrs. Brinkly are interested in purchasing condominium property
in Naples, Florida. The three most preferred condominiums are listed
along with criteria weights and rating information. Which condominium
is preferred?

Criteria Weight Park Shore The Terrace Gulf View

Cost 5 3 6 5

Location 4 6 4 6


Appearance 5 7 5 3

Parking 2 1 4 5

Kitchen Space 4 2 7 6
management science #8.doc
Mr. and Mrs. Brinkly are interested in purchasing condominium property
in Naples, Florida. The three most preferred condominiums are listed
along with criteria weights and rating information. Which condominium
is preferred?

Criteria Weight Park Shore The Terrace Gulf View

Cost 5 3 6 5

Location 4 6 4 6


Appearance 5 7 5 3

Parking 2 1 4 5

Kitchen Space 4 2 7 6
Solution
What is this?
By OTA - Overall OTA Rating
Laura Chung, MBA - 3/5
Purchase Cost Now
$2.19 CAD (was ~$3.99)
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    • management science.xls
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