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Buying a Car: Create a Decision Matrix: David, an outrigger canoe racer, needs to buy a new car. He wants a vehicle that will carry his disassembled boat and outrigger. At the same time he will need to travel long distances on business. His passion is soft-top sports cars, but he is also concerned about gas mileage. These four criteria are impossible to find in one vehicle.

David has the following choices:

  • Station wagon
  • SUV with or without a sun roof
  • Four-door sedan, a high-miles-per-gallon "family car"
  • Sports car, convertible

He wants to consider the following criteria:

  • Price
  • Ability to carry cargo such as a canoe
  • Fuel efficiency
  • Comfort over long distances
  • Good looks and fun
  • Quality build/manufacturer's reputation

Your Task. Follow the steps outlined in Figure 12.3 to determine an assessment scale and to assign a score to each feature. Then, consider which weights are probably most important to David, given his needs. Calculate the totals to find the vehicle that's most suitable for David.

Text Book: Business Communication: Process and Product By Mary Ellen Guffey, Dana Loewy.

Table 1: Unweighted Matrix (scale from 1 to 5, from worst to best)

Features:

Price

Cargo

Fuel

Comfort

Look

Quality

Total

Weights:

 

 

 

 

 

 

 

Station wagon

3

4

3

4

1

2

 

4-door sedan

4

2

5

3

1

4

 

SUV

1

5

1

4

3

2

 

Sports car

1

1

1

1

5

4

 

 Table 2: Weighted Matrix (factors range from 1 to 5)

Features:

Price

Cargo

Fuel

Comfort

Look

Quality

Total

Weights:

4

5

3

2

4

3

 

Station wagon

12

20

9

8

4

6

59

4-door sedan

16

10

15

6

4

12

63

SUV

4

25

3

8

12

6

58

Sports car

4

5

3

2

20

12

46

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91589002

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