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MSC,MBA(IT)
Standford
Jun-1997 - Sep-2000
IT Manager
Honeywell
Aug-2001 - Present
Supposed that you are looking to purchase a new vacuum cleaner, and you have decided to conduct a trade study to assist you in your decision. Conduct product research and narrow down your choices to five products.
Please conduct the following steps:
(a) Identify exactly four selection criteria, not including purchase price or operating cost.
(b) Assign weights to each criterion, explaining in one sentence your rationale.
(c) Construct a utility function for each criterion — describe it verbally or graphically.
(d) Research the actual values for your criteria for each alternative.
(e) Perform the analysis, calculating a weighted sum for each alternative.
(f) Calculate the effectiveness/unit cost for each alternative using purchase price for cost.
(g) Describe your choice for purchase, along with any rationale.
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