Exhibit 14.8 The Following Questions Use the Information Below

question 52

Multiple Choice

Exhibit 14.8
The following questions use the information below.
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. What formula should go in cell G15 of the Price worksheet to compute the Consistency Ratio?

• A) =AVERAGE(G11:G13)-3)/(2*0.58)
• B) =AVERAGE(G11:G13)-3)
• C) =AVERAGE(G11:G13))/(2*0.58)
• D) =AVERAGE(G11:G13)-3)/0.58

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Definitions:

Cappuccino

A coffee drink made with espresso, hot milk, and steamed milk foam.

Apples

Edible fruits from the species Malus domestica, known for their crisp texture and a range of flavors, from sweet to tart.

Scarce Good

A product or resource that is limited in availability compared to the desired demand, leading to competition for its acquisition.

Freshwater

Water with low concentrations of dissolved salts, essential for drinking, agriculture, and many industrial processes.