Systems Analysis and Design (Shell...
Systems Analysis and Design (Shell...
Suppose you tried to explain the concept of weighted models evaluation models to a manager, and she responded by asking, “So, how do you set the weight factors? Is it just subjective guess?� How would you reply?
Response to the manger on her query regarding weight factor used in weighted evaluation model.
: Suppose you are trying to explain the concept of weighted average model to a manager and she raises the following query:
“So, how do you assign weight factors? Is it just subjective guess?”
Weighted evaluation model is one evaluation model which is used to measure and compare vendor rating. The weighted model lists the key elements, each vendor’s score and weight factor. Final decision for a project is made based on vendor’s score obtained after multiplying it with the weight factor. Following is a sample weighted evaluation model:
| Weight Factor | Vendor X | Vendor Y | Vendor Z | |
| Price | 25 | 6 × 25 = 150 | 5 × 25 = 125 | 9 × 25 = 225 |
| Completion date |
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