Logical Decisions - Classweb

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Figure 4-11. Display generated by Review::Tradeoff Summary Graph option. You can also display the actual formulas for the goal MUFs. 1. Select the Review::Weights::MUF Formulas option. When you select this option, LDW shows you a listing of the scaling constants for the goals and measures similar to Figure 4-12. The scaling constants define how LDW will combine the utilities of the measures and goals to get an overall utility. Figure 4-12 shows that the overall utility is computed using a weighted average of the utilities for the "Performance" goal, the "Price" measure and the 4-24 Section 4 -- Introductory Tutorial
“Styling” measure, with most weight assigned to the "Performance" goal. Figure 4-12. Table of scaling constants generated by Review::Weights::Scaling Constants option for truck example Now you are ready to see the results of your analysis. Displaying Results The most important result of an LDW session is the ranking of the alternatives. LDW lets you rank on any measure or goal. The most important ranking is that for the “Buy the Best Truck” goal, which is the overall ranking of the alternatives. To get an overall ranking of the alternatives: 1. Select the Results::Rank Alternatives option. 2. Select the "Buy the Best Truck" goal from the list. 3. Click “OK” LDW computes the ranking formula and displays the ranking of the three alternatives shown in Figure 4-13. As the figure shows, the "Coyote" ranks first followed by the "Mountain Lion" and the "Wolf". Section 4 -- Introductory Tutorial 4-25
Page 1 and 2: Logical Decisions Decision Support
Page 3 and 4: Table of Contents Table of Contents
Page 5 and 6: Assessing Weights with Weight Ratio
Page 7: Assessing Interactions Between Meas
Page 11 and 12: Introduction Real decisions aren't
Page 13: S E C T I O N Requirements and Inst
Page 16 and 17: "Logical Decisions". This program g
Page 19 and 20: Quick Start Introduction This secti
Page 21 and 22: Defining goals and measures. In LDW
Page 23 and 24: Figure 3-1. The SUF for "Years of E
Page 25 and 26: weights of the measures. All of the
Page 27: S E C T I O N Basic Tutorial 4
Page 30 and 31: Figure 4-1. Tutorial overview. 4-2
Page 32 and 33: Now lets make sure the alternatives
Page 34 and 35: Assume you have decided that you wi
Page 36 and 37: Next we will enter the measures for
Page 38 and 39: Defining Preferences The alternativ
Page 40 and 41: 1. Select the Assess::Common Units
Page 42 and 43: almost equally unacceptable, while
Page 44 and 45: 1. Select the Assess::Common Units
Page 46 and 47: When you do this, the tradeoff grap
Page 48 and 49: 1. Select "Performance" and "Price"
Page 50 and 51: 8. Click on the "Equal" button to t
Page 54 and 55: Figure 4-13. Overall ranking for tr
Page 56 and 57: Figure 4-15. Graph showing sensitiv
Page 58 and 59: You can see the completed introduct
Page 61 and 62: Advanced Tutorial This tutorial sec
Page 63 and 64: Probabilities There is a problem wi
Page 65 and 66: This information indicates that the
Page 67 and 68: A uniform distribution is defined b
Page 69 and 70: On the left is a list of the possib
Page 71 and 72: Figure 5-2. Example of Results::Unc
Page 73 and 74: screen a large database for the alt
Page 75 and 76: 9. LDW will ask if you want to appe
Page 77 and 78: commit to buying their truck before
Page 79 and 80: see that the rankings for all the a
Page 81: S E C T I O N Using LDW 1: Structur
Page 84 and 85: The Edit::Insert option. The Insert
Page 86 and 87: ! Summary -- view a dialog box that
Page 88 and 89: structure like an organization char
Page 90 and 91: If you check the Show Assessment St
Page 92 and 93: saves it for later pasting. When yo
Page 94 and 95: You can create a new Matrix view by
Page 96 and 97: The quick entry view shows the alte
Page 98 and 99: Structuring Goals The goals in an L
Page 100 and 101: these two fields to describe each m
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the hierarchy. In the Matrix view,
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! Point Estimate -- use a single nu
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Figure 6-12. Example of a measure l
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Figure 6-14. Example of a measure l
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pass, LDW replaces each probabilist
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Figure 6-17. Dialog box for definin
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Figure 6-18. Measure Category Dialo
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S E C T I O N Using LDW 2: Assessin
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measure utility functions for the g
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information as possible when you ch
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measures with categories require mu
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The "Reset" button deletes any asse
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You can change the shape of the cur
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Figure 7-4. Utility Assessment Scre
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very different from the average of
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Figure 7-6. Assessment matrix for A
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You can, however, leave the assessm
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properties dialog box can be select
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the same level. LDW provides a grap
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options in the Hierarchy menu to ad
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The check box labeled "Allow Repres
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Next you will see a tradeoff assess
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The Tradeoff::Use Alternatives to S
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Figure 7-13. Example of Direct Entr
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You can think of the importance num
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Figure 7-15. Assessment Screen for
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When you have selected two members
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("importance strength") that best d
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clicking on the "Initialize" button
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Set a Small k. The Enter Small k op
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select the tradeoff you would like
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Figure 7-18. Effects of consistency
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Using LDW 3: Reviewing Results Intr
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The curve shows how the utility fun
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The tradeoff graph has one measure
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When you select the option, you are
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the relative weights of the "Price"
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epresents a computer alternative wi
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Figure 8-11. Example of Review::Ass
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e true even if the measure has a ve
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an analysis are included in exactly
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Graph Weights The Graph Weights dis
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Figure 8-16. Results::Rank Alternat
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Figure 8-18. Dialog box for Results
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You can use the measure equivalents
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simulation for each alternative usi
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Sensitivity Graphs Sensitivity grap
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You can view a sensitivity table by
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Figure 8-28. Example of Results::Sc
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Figure 8-30. Example of Results::Sc
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In the dialog box, you are asked to
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Figure 8-34. Dialog box for Results
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Graph an Alternative The graph an a
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Figure 8-38. Example of Results::Gr
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Finally, the two radio buttons on t
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Figure 8-43. Example of Results::Co
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Printing and Saving Windows You can
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The dialog box will show you the fi
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Figure 8-45. Dialog box for Edit::C
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Changing the range for utility. You
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Figure 8-50. Dialog box for Prefere
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the current color for that type of
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copies the selected objects to the
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analysis with the skeleton analysis
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Figure 8-55. Dialog box for File::I
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the other measures. The measure nam
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The idea of the Import Structure op
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Next, LDW asks you if it should app
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Other Options utility function for
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In addition, the Window menu contai
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In Depth Introduction This section
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A third example is a portfolio deci
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Each alternative has a raw score (c
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into more specific goals continues
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Measures in LDW You define measures
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computed measure levels to common u
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Converting the Measures to Common U
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Figure 9-2. Example of linear (stra
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For an example of the mid-level spl
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Since U(L0) = U(80) = 0 and U(L1) =
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Figure 9-5. Summary of SUF assessme
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describe two alternatives: A, which
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with equal chances of 40 and 70 per
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In the original formulation of the
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1 Equal Importance Two activities c
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You begin the process by selecting
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Figure 9-7. Effects of goals with a
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0.5. Then the weight assigned to "P
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! You can use the "Smarter Method"
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allocates this weight before comput
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nth root of the product of the rati
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Figure 9-8. Summary of estimating t
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on the decision maker's response, L
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Figure 9-10. MUF assessment figure
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Now think of adjusting P so that th
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Another approach is to use the rang
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Figure 9-12. Quantitative range vs.
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If a measure’s range changes, LDW
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Figure 9-14 is an example of the ov
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Similarly, a single member can have
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chance having 160 hp (the most pref
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A probability of less than 0.5 for
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Interpreting the Ranking Results LD
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S E C T I O N Examples 10
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the idea that other manufactures an
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The completed goals hierarchy is sh
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Buying a House The ranking results
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Figure 10-5. Goals hierarchy for bu
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Overall goal Quality goal Costs goa
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The preference assessments were don
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Figure 10-9. Goals hierarchy for re
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! Noise, ! Agricultural Impacts, an
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S E C T I O N Commands Summary 11
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Assess Menu Edit Menu The Assess me
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File Menu Edit::Insert Lets you add
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utility function” if the active g
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Matrix Menu ! Hierarchy -- options
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Results::Dynamic Sensitivity See th
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Review::Compute Utilities Compute t
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Tradeoff Menu View Menu LDW display
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S E C T I O N Glossary 12
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Common Units Certainty Equivalent C
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LDW File Level Lottery Measure assi
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MUF MUF Formula See also: Alternati
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Preference Set Probabilistic Level
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Tradeoff Trial program decides whic
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Bibliography B
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The classic reference on multiple m
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Appendix This appendix describes th
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= .125 Thus the weight for cost is
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Index adjusted AHP ................
Page 379:
computing ................8 - 3 int
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