The Analytical Hierarchy Process Is Being Employed in a Project

question 26

Multiple Choice

The Analytical Hierarchy Process is being employed in a project selection decision. One major criteria, cost, receives a weighting value of 40%, which is split into short-term (50%) , intermediate term(30%) , and long-term (20%) . Which of these statements is best?

• A) Short-term, intermediate-term, and long-term must receive overall weightings that total 100%.
• B) There must be at least one other major criteria that has 40% weighting.
• C) Intermediate-term cost receives a weighting of 12%.
• D) Long-term cost receives an overall weighting of 80%.

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Definitions:

Procedural Unconscionability

A situation where the terms of a contract are unfair or oppressive because of the process involved in the agreement formation, including lack of negotiation power or misleading terms.

Fine Print

Small, difficult to read text in contracts or advertisements that often contains important information about limitations, exclusions, or conditions.

Legislative Rules

Regulations and guidelines established by legislatures that govern the process and conduct of legislative bodies.

Public Policy

Principles and standards deemed by the judiciary to be of fundamental concern to the state and the whole of society.