10) List the three projets in rank order and sate ther overall weights. (ui) Which pair wise comparison matrix is the most inconsistent? (iti) Does your method of ranking determine how the capital is to be allocated among the projects? Discuss, 3a) Discuss Bellman’s “principle of optimality” and explain by an illustrative example how it can be used to solve a multistage decision making problem. 1) Consider he problem of designing electron devices to carry ive power cll each of which must be located wsthin te electome systems. Ifone system's power fl then it will be powered on shagulary basis by the ells ofthe remaining systems. The probability that any pacar sym Sillexpérence «power fare depends on the numberof eels oniinally assigned ot, An estimated powers probabilities fora parnculr sytem given below Probability of system power failure (owerCais [System [System 2_[ System 3 T 050. 0.60. 0.30) (ere: O15; 020) 025) 3 ‘0.08 0.10, 0.10) 4 0.02, 005 |0.05 | 5 0.0L ‘002 [ool Determine how many power cells should be assigned to each system to maximize overall system reliability investments, The means are 0.12, 0.15 and 0.20. The f n stocks | and 2 is 0.65, between