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Consider the following data for office locations A, B, C, D along with weightages for desirable attributes and the values for

Q2. Apply appropriate decision making functions and tools to construct the efficient frontier [5 marks]

Consider the following data for office locations A, B, C, D along with weightages for desirable attributes and the values for each location: Location Attributes Distance Parking Car parking40 Accessibility 100 Weights Location Location Location Location 80 60 100 40 75 90 65 65 35 100 80 40 90 20 40 100 45 80 60 Also the cost details are given as follows: Location Annual Cost(S) 80,000 60,000 70,000 90,000 Apply SMART technique to: Q1. Demonstrate an understanding of appropriate decision making functions and tools to 15 marks] Categorize the location with highest aggregate benefit in an ethical fashion.
Q2. Apply appropriate decision making functions and tools to construct the efficient frontier [5 marks]
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Answer #1

The answer to the question is attached and step by step calculation is used as per SMART guidelines ( Specific, Measurable, Attainable. Relevant, Time Based)

> 25,9 00 と20,000 ODoD 60, ecD 0.33 D-12 0-32

Hence C is the best office location as per Cost-Benefit analysis , followed by B, A and D respectively.

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