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Weighing Factors

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Identify the most important decision variables

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Determine the appropriate weights

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Normalize variables

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Consider the runners-up

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When normalizing,

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Practice weighing factors by assigning weights.

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Assigning weights

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Normalizing variables

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Weighing factors do’s and don’ts

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How can you indicate the significance of each variable in a decision?

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How can you account for differences in variables?