Answer:
False. In a weighted-criteria evaluation system, the weights of all the performance dimensions must add up to a total of 1.00. The weights represent the relative importance or priority assigned to each performance dimension in the evaluation process. By summing up to 1.00, the weights ensure that the evaluation is properly balanced and that no dimension is overemphasized or underemphasized.
The purpose of using weights in a weighted-criteria evaluation system is to reflect the decision-maker's preferences and priorities. By assigning different weights to each performance dimension, decision-makers can express their relative importance in achieving the overall objective. These weights are typically determined through a systematic process such as pairwise comparison or expert judgment.
It is important for the weights to add up to exactly 1.00 because it represents 100% of the decision-maker's preference allocation. If the weights were to exceed 1.00, it would imply that the decision-maker is assigning more importance than available, leading to an inconsistent and biased evaluation. On the other hand, if the weights were less than 1.00, it would indicate that some importance has not been allocated, resulting in an incomplete evaluation.
By ensuring that the weights sum up to 1.00, decision-makers can effectively compare and evaluate alternatives based on their performance across multiple dimensions. This allows for a more comprehensive and objective decision-making process.