an example is trying to decide what house to buy... you choose criteria like space, price, and location. Then assign each criteria a number for importance with 10 being really important and 1 not important. So location(8), price (4), and space (6). Then you rate each criteria 1=poor, 5= excellent and u multiply with the importance number. The results House 1 =62 and house 2 = 40... so you buy house 1.
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a compensatory model is a decision making model to help decide what choice to take based on criteria..
an example is trying to decide what house to buy... you choose criteria like space, price, and location. Then assign each criteria a number for importance with 10 being really important and 1 not important. So location(8), price (4), and space (6).
Then you rate each criteria 1=poor, 5= excellent and u multiply with the importance number. The results House 1 =62 and house 2 = 40... so you buy house 1.
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