Question

How is a multi-attribute utility function related to a decision’s fundamental objectives?

How is a multi-attribute utility function related to a decision’s fundamental objectives?

Homework Answers

Answer #1

A decent multi-attribute utility function (MAUF) will enhance basic leadership by

speeding the recognizable proof of the most alluring choices. When making instinctive

examinations is troublesome in light of the fact that there are numerous components in play without a moment's delay, a multi-attribute

utility function gives the outline data important to deal with the best options.

By isolating the way toward pondering qualities from considering the explicit attributes

of a proposed set of limits, there is a superior possibility of having sensible consistency in a

correlation of options. Individuals are the wellspring of the esteem judgments, yet estimations

about those judgments are untrustworthy, particularly when they depend on gigantic measures of information and

multiple measurements. In these regions, a MAUT-based choice emotionally supportive network helps an organizer

(or on the other hand a general public), who thinks about specific targets to accomplish those goals to a more noteworthy

degree.

The proposed methodology is to take the front-end given by site assessment and join it

to the back-end given by reasonableness records. With this methodology, a various leveled MAUF

can be developed with measures that depend on indistinguishable kind of guide layers from utilized for

appropriateness files. This methodology requires an iterative procedure, in which vital choice

attributes are over and over contrasted with intermediary estimates got from accessible data.

Attributes and measures are refined (it is conceivable to have diverse portrayals of the

esteem function) until an adequate and finish set of measures and a relating esteem

function are characterized.

From crude information (input delineate), topical guide layers can be determined that comprise of

reasonableness records for individual cells. Expressive insights from these topical maps can

at that point be produced. Various strategies adjusted from choice investigation and spatial

investigation make it conceivable to have very rich measures, as portrayed underneath. The targets

progressive system is then altered so it is totally upheld by these insights as measures.

As far as we can tell, this requires both an abnormal state of exertion in creating definitions and

a few gatherings between real chiefs and the engineers of the DSS. At this

point, a MAUF can be surveyed in the standard way. Initial, a solitary attribute utility function

(SAUF) is characterized over differed attribute levels (where the attributes are decided for simplicity of

evaluation, insofar as their relationship to the measures is unambiguous). At that point a MAUF

is characterized as far as the SAUFs. The term GMAUS (Geographic Multi-Attribute Utility

Framework) portrays a framework that would execute U[x(p)], which would comprise of

geographic and spatial examination for distinguishing x(p) and a good utility function

ANSWERED

PLEASE RATE ME POSITIVE

THANKS

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
How can you draw the utility function of an ecomic bad? I know how does the...
How can you draw the utility function of an ecomic bad? I know how does the graphic looks, but i'd like to know wher to find how to write this function.
how is the structure of hemoglobin related to its function??
how is the structure of hemoglobin related to its function??
What is the money-metric utility function of a consumer with the utility function U(q1, q2,) =?q1...
What is the money-metric utility function of a consumer with the utility function U(q1, q2,) =?q1 +?q2 ? Use prices p1=p2= 2 to determine the money-metric utility function.
Provide details related to investor utility.
Provide details related to investor utility.
What is the typical biological function of the connective tissues? How is this function related to...
What is the typical biological function of the connective tissues? How is this function related to the main features of its cells?
The fundamental economic question that is most closely related to the issues of income distribution and...
The fundamental economic question that is most closely related to the issues of income distribution and poverty in a society?
Kim’s utility function is given by U = XY. For this utility function, MUx = Y...
Kim’s utility function is given by U = XY. For this utility function, MUx = Y and MUy = X. If good X costs $6, and good Y costs $3, what share of Kim’s utility-maximizing bundle is made up of good X? Of good Y? If the price of good Y rises to $4, what happens to the shares of X and Y in Kim’s utility-maximizing bundle?
S.M.A.R.T Objectives for for client Diagnosis for ineffective health maintenance related to insufficient resources?
S.M.A.R.T Objectives for for client Diagnosis for ineffective health maintenance related to insufficient resources?
Consider the utility function u = [min fx1; x1 + x2g] 2 . Does this utility...
Consider the utility function u = [min fx1; x1 + x2g] 2 . Does this utility function represent the same preferences as the utility function u = x1?
How do you solve a utility problem that yields demand function for good x and good...
How do you solve a utility problem that yields demand function for good x and good y we have three goods,x1,X2,x3 income ,M and prices ,P1,p2,p3 and utility function U=U(X1,X2,x3)=3logX2+3logX2+2logx3
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT