Table M1-5 It Is International Day on Campus and a Professor of Professor

question 16

Multiple Choice

Table M1-5
It is International Day on campus and a professor of Scottish, German, and Hawaiian ancestry is weighing his options for traditional attire among his kilt, lederhosen and grass skirt.He decides to weigh these alternatives using AHP and has decided that comfort, style, and ease of use are the most important criteria.
His pairwise comparison matrices are as follows:

-Use Table M1-5 to determine the consistency index for the style factor.

• A)0.0328
• B)0.0158
• C)0.0048
• D)0.0028

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Definitions:

Weighted Average Cost

A method of inventory valuation that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale.

Inventory Balance

The total value of a company's goods and materials held in stock, as recorded on the balance sheet.

Weighted Average Cost

A method of valuing inventory and cost of goods sold that considers the cost of each item in proportion to its quantity.

Perpetual Inventory

Perpetual inventory is a system that continuously updates inventory records to reflect sales, purchases, and inventory levels in real-time.