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Weighted decision model for selecting a method of information system acquisition.
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Weighted decision model for selecting a method of information system acquisition New expert system that will use data-mining techniques to assist insurance company to assess claims. Company plans to license the technology to other insurance companies. Large company with an in-house IT department of 200, which is focused mainly on supporting legacy applications and the hardware/network environment. • Attach a weight to each criteria, according to the scenario above (what is the most important factor for the firm – how much does it matter?). Criteria can have a weighting value of zero. Total weighting values must add up to 100 • Score each criteria that has been assigned a weight of above zero on a scale of 1-10 (10 is high). How does the characteristic of the acquisition method itself score against the criteria? • Which acquisition method is preferred when weight is multiplied by score? • What difficulties do you observe in using this model and how might you improve it?