Computing the Consistency Ratio for a Criterion's Pairwise Comparison Matrix

question 15

Multiple Choice

Computing the consistency ratio for a criterion's pairwise comparison matrix is the next step after

• A)developing the criterion's pairwise comparison matrix.
• B)converting the criterion's pairwise comparison matrix to a normalized matrix.
• C)developing the criterion's priority vector.
• D)developing the overall priority vector.

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Definitions:

Depreciation

A reduction in the value of an asset over time, due to wear and tear or obsolescence.

Intermediate Goods

Goods that are used as inputs in the production of final goods, not intended for final consumption.

Inventory

The total amount of goods and materials a business holds for the ultimate goal of resale or production.

GDP

Gross Domestic Product, a measure of the economic output of a country, considered by calculating the total value of all final goods and services produced within that country over a specified period.