The Analytic Hierarchy Process is being employed in a project selection decision. One major criteria, cost, receives a weighting value of 40%, which is split into short term (50%), intermediate term (30%), and long term (20%). Which of these statements is BEST? 1. There must be at least one other major criteria that has 40% weighting. 2. Short term, intermediate term, and long term must receive overall weightings that total 100%. 3. Long-term cost receives an overall weighting of 80%. 4. Intermediate-term cost receives a weighting of 12%.
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