CostTextbookAВCA123В1/213C1/31/31SupplementsTextbookABCA147B1/413C1/71/31CriterionCoverageReadabilityCostSupplementsCoverage11/21/43Readability11/25Cost4214Supplements1/31/51/41Using AHP, determine which textbook the committee should select. Check the consistency of thepairwise comparison matrix for the criteria. 8. Professor Hong in the department of Business Analytics at University of Hawaii isevaluating three new textbooks for its introductory management science course, which allbusiness students are required to take. The texts, identified by the authors, areAdams/Jones, Barnes, and Cook/Smith. The committee's selection criteria are topicalcoverage, readability, cost, and the available supplements. Following are the committee'spairwise comparisons of the three textbooks for each of the four criteria and thecommittee's pairwise comparisons for the criteria:CoverageTextbookAВCA11/21/5B211/3C531ReadabilityTextbookAВCA147В1/413C1/71/31

Find the Given details below: Given details: Coverage Textbook A B C A 1 1/2 1/5…

Answered: 8. Professor Hong in the department of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter5: Network Models

Section5.3: Assignment Models

Problem 10P

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Define the decision variables ,Formulate the objective function, Formulate the constraints Sears Investment has $250,000 available to invest in a 12-month commitment. The money can be placed in Treasury notes yielding an 8% return or in municipal bonds at an average rate of return of 9%. Bank regulations require diversification to the extent that a t least 50% of the investment be placed in Treasury notes. Because of defaults in such municipalities as California and Texas, it is decided that no more than 40% of the investment be placed in bonds. How much should Sears Investment invest in each security so as to maximize its return on investment?
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