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A company needs to buy a new insurance policy. They have three policies to choose from, A, B and C. The policies differ with respect to price, coverage and ease of billing. The company has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-Refer to Exhibit 14.8. The Consistency Ratio indicates consistency in the pairwise comparison matrix if the ratio is
Unit Sales
The total quantity of product units that a company sells to its customers.
Price Decrease
A reduction in the selling price of goods or services, often used as a strategy to increase demand or sales.
Percentage Change
A mathematical calculation that indicates how much a value has increased or decreased as a percentage from its original amount.
Traceable Fixed Expense
Costs that can be directly linked to a specific segment or unit of a business, and do not change with the level of output.
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