Problem Set 5
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1. Tammy Monahan is considering the purchase of a home entertainment center. The product attributes and weights she plans to consider are:
portability. 1 sound projection. 6 warranty. 3 Tammy rated the brands as follows:
Using the Consumer Buying Matrix( p. 252), conduct a quantitative product evaluation rating for each brand. What other factors is Tammy likely to consider when making her purchase?
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2. Based on the following, calculate the costs of buying and of leasing a motor vehicle.
Purchase Costs Leasing Costs Down payment $ 1,500 Security deposit $ 500 Loan payment Lease payment
$ 450 for 48 months $ 450 for 36 months