In Allocating Weights to the Decision Criteria, Which of the Following

question 137

Multiple Choice

In allocating weights to the decision criteria, which of the following is most helpful to remember?

• A)All weights must be the same.
• B)The total of the weights must equal 100.
• C)The high score should be a 10, and no two criteria should be assigned the same weight.
• D)Assign the most important criterion a score, and then assign weights against that standard.

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Definitions:

Stamped Metal

The process of shaping metal sheets into specific forms using a press and stamping dies, commonly used in manufacturing components for various industries.

Cost-Volume Analysis

A method to determine how changes in costs and volume affect a company's operating income and net income.

Low-Cost Choice

A decision-making strategy focused on selecting options that minimize financial expenditure while meeting specified requirements.