Document Type

Closed Project

Publication Date

Winter 2010

Instructor

Dundar Kocaoglu

Course Title

Decision Making in Engineering & Technology Management

Course Number

EMGT 530/630

Subjects

Television -- Receivers and receptions -- Technological innovations, Technological innovations -- Management, Television -- Receivers and reception -- Purchasing, Hierarchical Decision Model

Abstract

New technologies in home entertainment have created a large number of options when selecting a television for home use. Most of the top selling television models today include a wide array of available features and options, and selecting the right model to fit one’s needs and desires has become a very complicated decision problem. For our paper we have decided to create a model to help aid in this decision process – using the inputs of 12 experts, all professionals between the ages of 25 and 35. We narrowed our experts to this range for two main reasons – one reason is that the majority of television watchers are above the age of 24 [1], and the other reason is so that we could use members of our research team as some of the experts. We also didn’t want cost to be the primary factor in television selection. (Thus wanted our experts to have an income).

Since the selection of a television has become such a complex problem including both qualitative and quantitative decisions, we have chosen to use a hierarchical decision model (HDM) to aid customers in our target group looking to purchase a new television. HDM is a tool to present a large decision problem as a hierarchy of smaller and less complex decisions. A detailed discussion of HDM can be found in references [2] and [3]. In addition, other examples of applying the decision model to other applications can be found in references [4] and [5].

Rights

In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).

Comments

This project is only available to students, staff, and faculty of Portland State University

Persistent Identifier

http://archives.pdx.edu/ds/psu/23023

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