A decision methodology that uses hierarchy of criteria for evaluation of alternative decisions is the ______.
A. analytic hierarchy process (AHP)
B. optimization method
C. factor rating method
D. sourcing algorithm
A. analytic hierarchy process (AHP)
You might also like to view...
Which of the following best describes the effect on direct labor when management adopts a just-in-time environment?
A) Workers typically perform one function. B) The environment becomes more labor intensive. C) Each employee runs a single machine. D) Workers are often cross-trained to perform more than one function.
Blossoms Inc, a local florist, is considering replacing its current refrigerator used for storing flowers with a larger one. The estimated cost of the new refrigerator will be $30,000. Using a discount rate of 15%, the company calculates a net present value for the new refrigerator of $6,000. Based on this information, which of the following statements is true?
A) If the actual cost of the new refrigerator ends up being greater than $36,000, the net present value will become negative. B) If the actual cost of the new refrigerator ends up being less than $36,000, the net present value will become negative. C) If the actual cost of the new refrigerator ends up being $30,000, the actual rate of return is equal to 15%. D) If the actual cost of the new refrigerator ends up being less than $30,000, the company should not make the investment.
Caterpillar and Texas Instruments are two firms that have benefited from the use of:
A) the multidomestic strategy option. B) the international strategy option. C) the transnational strategy option. D) the maquiladora system in Europe. E) the global strategy option.
Consumer protection laws, which commonly regulate the form of consumer contracts, provide that back-page disclaimers are void if the front page of a contract does not call attention to the presence of the terms on the back page
Indicate whether the statement is true or false