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Aggregating the benefits using the additive model 43<br />

Closeness to<br />

customers<br />

100<br />

80<br />

Best<br />

0 Worst<br />

Visibility Image Size Comfort Car<br />

parking<br />

Best<br />

Worst<br />

Best<br />

Worst<br />

Best<br />

Worst<br />

Best<br />

Worst<br />

Best<br />

Worst<br />

Figure 3.5 – Derivation of swing weights. For example, a swing from the worst to the<br />

best location for visibility is considered to be 80% as important as a swing from the worst<br />

to the best location for closeness to customers<br />

sub-attributes. Any inconsistencies between the two sets of weights can<br />

then be discussed and, hopefully, resolved.<br />

Aggregating the benefits using the additive model<br />

We now have (1) a measure of how well each office performs on each<br />

attribute and (2) weights which enable us to compare the values allocated<br />

to one attribute with the values allocated to the others. This means that<br />

we are now in a position to find out how well each office performs<br />

overall by combining the six value scores allocated to that office.<br />

To do this, we will assume that the additive model is appropriate. As<br />

we show below, this simply involves adding an office’s weighted value<br />

scores together to obtain a measure of the overall benefits which that<br />

office has to offer. The additive model is by far the most widely used,<br />

but it is not suitable for all circumstances. In particular, the model is<br />

inappropriate where there is an interaction between the values associated<br />

with some of the attributes. For example, when choosing a house,<br />

an attractive architecture and a pleasant garden may complement each<br />

other, leading to a combined value which is greater than the sum of<br />

the individual values. We will examine the limitations of the additive<br />

model later.<br />

The calculations which the additive model involves are shown below<br />

for Addison Square. Each value is multiplied by the weight attached to

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