In our decision matrix, option 1 receives a "3" for speed and a "1" for cost, and option 2 received a "2" for speed and a "2" for cost. the speed criterion has been assigned a weight of 0.4 and the cost criterion has been assigned a whight of 0.6. in accordane with the decision matrix approach, which of the following statement is true?
1) option 1 is better than option 2 because its total weighted score is lower.
2) option 1 and option 2 each score a total of 1.8; therefore, either choice is fine.
3) option 1 is better than option 2 because its total weighted score is higher.
4) option 2 is better than option 1 because its total weighted score is higher.