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Funding Pools allow specification of sources of funds as well as what the funds can be used for. For example, funds from state governments and local governments might be restricted to be used only for certain alternatives (projects). When setting ...
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Intuitive decision-making is described as the process by which information, acquired through associated learning and stored in long-term memory, is accessed unconsciously to form the basis of a judgment or decision. 1 Intuition is based on the i...
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Last Updated: 01/15/2025
in Release Notes
June 01, 2024 | Version 6.19.1 Introducing our latest release, we are thrilled to present a brand-new interface and an improved user experience! In addition to the UI/UX improvements, new functionalities are also added: Color Settings ...
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Last Updated: 10/25/2021
in Allocate Portfolio Assessment
Scenario Comparisons lets you view several scenarios side by side, making it easy to compare the alternatives properties, objective priorities, and constraints side by side. You can select the scenarios to display using the Scenarios drop-down: ...
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There are four types of number scales: NOIR The nominal scale of measurement only satisfies the identity property of measurement. Values assigned to variables represent a descriptive category, but they have no inherent numerical value with res...
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You can define the Contributions of Alternatives to Covering Objectives from the DEFINE MODEL > Review/Refine Model > Contributions page . The Contributions page can be displayed by Alternatives: or by Objectives: By defau...
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A gradient analysis shows the rate of change of the priorities of alternatives with respect to the change in priority of one of the objectives. Each gradient sensitivity is composed of: An objective on the x-axis -- which can be selected fro...
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Pairwise comparisons are entered on a page as shown in the figure below, by clicking on or between words that express your judgment about the relative importance or preference or likelihoods (see Pairwise Comparisons Contexts) of the two elements sh...
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A Sunk Cost is a cost that is incurred and can not be meaningfully recovered by any practical means. 1 For example, a business may have invested a million dollars in new hardware. This money is now gone and cannot be recovered, so it shouldn’t ...
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You can define the Information Documents in the DEFINE MODEL > Review/Refine Model > Information Documents page. This screen allows you to create and/or edit information documents for: The Goal Objectives Sub Objectives Covering Obje...